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Tammy Baldwin: “The first round of negotiation [for Medicare drug prices]…”

Featuring: Tammy Baldwin, Democratic | U.S. Senate, Wisconsin

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Tammy Baldwin WisconsinEye interview

Published | Video Starts at 06:55

So, you know, I would certainly go after the big subsidies for big oil and I would hasten the speed of Medicare and negotiation with the big pharmaceutical companies. The first round, which was just 10 drugs, concluded in August. And that The first round of negotiation [for Medicare drug prices] are going to save about 9 million people, about $1.5 billion. It's also going to save Medicare and the government money, lengthening the solvency of the Medicare program. This next round of negotiations will be with 15 drugs and then the year after that, 15 more. (06:55–07:05)

CLAIM

Asserts that the first round of Medicare drug price negotiations will save 9 million people $1.5 billion.

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