Biden Plans to Broaden IRA Drug Pricing Rules in SOTU – Forbes

TL/DR –

During his State of the Union address, President Joe Biden stated his intention to broaden the terms of the Infrastructure Investment and Jobs Act (IIJA), also known as the bipartisan infrastructure bill, in regards to drug pricing. His plan would involve the government negotiating drug prices for all Americans, not just those receiving Medicare. Biden believes this will result in lower drug prices and more accessible healthcare for everyone.

Biden Expresses Desire to Broaden IRA Drug Pricing Measures in SOTU

As reported by Forbes, President Biden voiced his intent to extend IRA drug pricing provisions during the State of the Union. This initiative promises to significantly impact the pharmaceutical industry and patients relying on prescription drugs.

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