My own bill capped the cost of insulin. No more than $35 of out of pocket costs for seniors. But in that bill, for the first time, Medicare was empowered to force the pharmaceutical companies to have to negotiate the price of prescription drugs. So just think about that. We had to pass a law so that Medicare to undo the other bad law that we passed in 2003, I guess. (39:11–39:23)
CLAIM
Asserts that Medicare can now negotiate drug prices with pharmaceutical companies.
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