Will Drug Price Negotiations Really Ever Occur?
By Cathlene Martinez
Since the Democrats have taken control of the House, the word around town is that Nanci Pelosi is going to shake things up. First on her itinerary, to allow Medicare to negotiate with drug manufactures the price of it purchases its prescription medication. Although this should bring the cost of Medicare down, will this lofty goal ever materialize?

Recently, the United States House of Representatives passed a bill with a vote of 255 to 170. If that bill becomes a law, this would allow drug prices to be negotiated by the Secretary of Health and Human Services.

Opponents of the bill argue that interference with the current system will decrease the amount of competition in the market, driving current prices even higher.

While both sides battle it out, the consumers are stuck in the middle, destined to pay the high, ever-increasing cost of prescription drugs that is rising at more than double the rate of inflation.

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