Sumary of Flexing Leverage, Moderate Democrats Propose Weaker Medicare Negotiating Powers:
- )—would let Medicare negotiate prices in fewer cases than the House budget currently proposes, and would cap the government’s discount at a high of 35%.
- The version in the bill supported by Pelosi would allow Medicare to negotiate on a broader group of drugs that have no competitors, the Journal reported.
- At least five members back the new Medicare proposal, including Peters and Schrader, which boosts their odds given the thin margins for passing the overall package.
- Like the main House bill, the moderates propose capping how much Medicare beneficiaries pay out of pocket for drugs, but would have higher caps for people with more money.