Articles Tagged: Prescription drug pricing

Cedar Rapids panelists discuss impact of Inflation Reduction Act

Insulin has become the poster-child drug when it comes to the debate over controlling skyrocketing drug prices and life-or-death stakes.

Democratic U.S. Senate candidate Mike Franken took Iowa Republican U.S. Sen. Chuck Grassley to task over efforts to lower prescription drug prices for Iowans.

Recap of news from across the state

The law addresses pharmacy benefits managers, which are middle men between pharmacies and insurance companies.

Measures include pharmacy benefits managers, child care costs

Public opinion polls have consistently shown support across party lines for capping the monthly cost of insulin. However, experts say the House bill would not help uninsured people, who face the highest out-of-pocket costs for insulin.

The Iowa Republican, who a year ago saw opportunities to work with his former Senate colleague on issues such as prescription drug pricing, now believes the president’s compromises to appease progressives are limiting his ability to reach bipartisan agreement on his proposals.

In a TV ad airing in Cedar Rapids and across the U.S., a pharmaceutical trade organization claims that proposed legislation to allow the federal government to negotiate with pharmaceutical companies on the cost of drugs would mean Medicare patients won’t be able to access the medications they need. But is that true?