Drug price deal important for seniors
As the Democrats in Congress worked on the final draft of the $1.75 trillion domestic policy bill, one of the parts that fell by the wayside was legislation to lower the cost of prescription drugs. Fortunately, a deal announced Tuesday brings it back into the bill, smaller perhaps than before, but still an important win for the nation’s seniors . According to Sen. Chuck Schumer, for the first time Medicare will be able to negotiate prescription drug prices in its Part B and Part D programs. There is also a $2,000 cap on out-of-pocket costs for those older Americans with the Part D ...