rain.png
Thursday February 20th, 2020 4:15PM

AP Source: White House finds Pelosi drug plan 'unworkable'

By The Associated Press

WASHINGTON (AP) — The White House has concluded that House Speaker Nancy Pelosi's plan authorizing Medicare to negotiate drug prices is "unworkable" and President Donald Trump will instead support bipartisan legislation in the Senate, a senior White House official said Tuesday.

Despite the House impeachment inquiry , the White House and top aides to the California Democrat have been in regular communication on efforts to curb drug prices, a mutual objective. Prospects for legislation this year appear dim.

The official said that while Trump is not ideologically opposed to Medicare negotiating prices for medicines, Pelosi's approach can't be quickly retooled.

Her bill would levy steep taxes on drug makers who refuse to accept a Medicare price keyed to what's paid in other economically advanced countries. The senior White House official pointed to the lack of Republican support for the Pelosi bill and said it is structured to essentially give Medicare the power to dictate prices.

The official spoke on condition of anonymity to discuss ongoing deliberations.

Trump is instead backing a bipartisan bill from Sens. Charles Grassley, R-Iowa, and Ron Wyden, D-Ore. That legislation would for the first time limit what seniors have to pay out of their own pockets for medications. It would also require drug companies to pay rebates to Medicare if they hike prices beyond the inflation rate. Those ideas are also part of Pelosi's more ambitious legislation.

But the Grassley-Wyden bill does not give Medicare negotiating power.

Aides to the House speaker have said that her bill would give Trump precisely what he had asked for as a presidential candidate, when he broke with other Republicans to back negotiating authority for Medicare. Under the legislation that created Medicare's prescription drug program, price negotiations are handled privately by insurers and their pharmacy benefit managers.

The White House official said the administration is working with Grassley and Wyden on improving their bill, by adding special provisions to address the escalating cost of insulin, which is used to treat diabetes, and by exploring a monthly limit on out-of-pocket costs for Medicare recipients.

A study published Monday found that more than half of seriously ill Medicare enrollees face financial hardships with medical bills, and prescription drug costs are the leading problem.

  • Associated Categories: Associated Press (AP), AP Online Headlines - Washington, AP Online Congress News, AP Health, AP Business, AP Health - Senior Health, AP Business - Industries, AP Business - Health Care, AP Business - Personal Finance
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Kentucky's gubernatorial grudge match reverberates for 2020
Kentucky's political grudge match between Republican Gov. Matt Bevin and Democratic Attorney General Andy Beshear now lies in the hands of voters
12:19PM ( 25 minutes ago )
Magazine faces criticism for giving award to Richard Ford
Bruce Springsteen will be presenting a lifetime achievement award next spring to Richard Ford, whose Pulitzer Prize-winning novel "Independence Day" centers on a real estate agent from Springsteen's native New Jersey
12:18PM ( 26 minutes ago )
Hawks' Collins suspended 25 games without pay for PEDs
Atlanta Hawks forward John Collins suspended 25 games after testing positive for growth hormone
12:16PM ( 28 minutes ago )
Associated Press (AP)
Tucson sanctuary city, Colorado sports betting before voters
Voters in the West are deciding several ballot measures Tuesday, including one that would make Tucson, Arizona, a sanctuary city and initiatives that would legalize sports betting in Colorado and an affirmative action referendum in Washington state
11:50AM ( 54 minutes ago )
The Latest: Rape exception back in SC early abortion ban
A bill banning nearly all abortions in South Carolina again has an exception for rape and incest victims
11:49AM ( 56 minutes ago )
Former ambassador says she was warned to 'watch my back'
In deposition transcript, former U.S. ambassador to Ukraine says she was warned to 'watch my back' amid efforts to push her out of post
11:12AM ( 1 hour ago )
AP Online Headlines - Washington
Elections in 4 states offer a test of 2020 voter enthusiasm
Voters in 4 states cast ballots in elections that Democrats and Republicans will use as a snapshot of the national mood amid impeachment proceedings in Washington and a crowded Democratic presidential primary
6:45AM ( 6 hours ago )
Elections in 4 states Tuesday will offer test runs for 2020
Voters in four states will cast ballots Tuesday in elections that Democrats and Republicans will use as a snapshot of the national mood amid impeachment proceedings in Washington and a crowded Democratic presidential primary
4:22AM ( 8 hours ago )
Senate more partisan today than when Clinton faced trial
A Trump trial would take place in a Senate significantly more divided than the one that acquitted Bill Clinton almost 21 years ago
12:16AM ( 12 hours ago )
AP Online Congress News
'This city is not livable': New Delhi citizens face foul air
'This city is not livable': Residents of Indian capital battle toxic air pollution that is taking a toll on their health
5:50AM ( 6 hours ago )
California cannabis group wants tighter vaping-safety rules
An alliance of major legal marijuana businesses in California is urging the state to adopt tougher safety rules for ingredients and devices used in vaping
8:15PM ( 16 hours ago )
India's capital restricts cars as people choke in dirty air
New Delhi restricted many private vehicles from the roads to try to lessen pollution as people gasped and their eyes burned in toxic smog that exacerbated a public health crisis
6:26AM ( 1 day ago )
AP Health
US trade deficit falls to $52.5 billion in September
US trade deficit falls to $52.5 billion, lowest since April, as America runs rare petroleum surplus
10:41AM ( 2 hours ago )
Stocks wobble in early trading, but remain near record highs
U.S. stocks wobbled between small gains and losses in early trading as investors paused following several record-setting rallies
10:39AM ( 2 hours ago )
EU's Barnier warns of tough times ahead on UK trade deal
EU Brexit negotiator Michel Barnier says that the talks on a free trade deal with the United Kingdom once the country has left the bloc might well be as tough as the Brexit talks over the past years
10:37AM ( 2 hours ago )
AP Business
Wildfires outside L.A. threaten homes, bypass Reagan library
A wind-whipped outbreak of wildfires outside Los Angeles is threatening thousands of homes and horse ranches and forcing the evacuation of elderly patients in wheelchairs
3:58PM ( 5 days ago )
Biogen reanalyzes studies, presses ahead on Alzheimer's drug
The drug company Biogen Inc. says it will seek federal approval for a medicine to treat early Alzheimer's disease, a landmark step toward finding a treatment that can alter the course of the most common form of dementia
6:44PM ( 1 week ago )
Company says it will seek approval of Alzheimer's drug
The drug company Biogen Inc. says it will seek federal approval for a medicine to treat early Alzheimer's disease, a landmark step toward finding a treatment that can alter the course of the most common form of dementia
10:40AM ( 2 weeks ago )
AP Health - Senior Health
Iranian president announces another break from nuclear deal
Iranian president: Tehran will start injecting uranium gas into 1,044 centrifuges in latest step away from nuclear deal
5:44AM ( 7 hours ago )
AP EXPLAINS: Iran's nuclear program as atomic deal unravels
AP EXPLAINS: Iran's nuclear program as its atomic deal with world powers unravels further
4:32AM ( 8 hours ago )
Iran spins more centrifuges on US Embassy crisis anniversary
Iran starts advanced centrifuges in violation of nuclear deal as country marks 40th anniversary of 1979 US Embassy takeover
6:43PM ( 18 hours ago )
AP Business - Industries
Trump taps cancer specialist from Texas hospital to run FDA
President Donald Trump is nominating a cancer specialist to lead the Food and Drug Administration
2:42PM ( 3 days ago )
Doctor at Missouri abortion clinic defends patient care
The top doctor at Missouri's sole abortion clinic has defended its handling of four patients who faced complications _ women whose care has been cited by the state as it seeks to revoke the clinic's license
8:39PM ( 5 days ago )
Missouri agency tracked Planned Parenthood patients' periods
Missouri's health department director says he tracked menstrual periods of Planned Parenthood patients to identify what the agency says were "failed abortions" at a St. Louis clinic
7:12PM ( 6 days ago )
AP Business - Health Care
Kentucky's gubernatorial grudge match reverberates for 2020
Kentucky's political grudge match between Republican Gov. Matt Bevin and Democratic Attorney General Andy Beshear now lies in the hands of voters
12:19PM ( 27 minutes ago )
Magazine faces criticism for giving award to Richard Ford
Bruce Springsteen will be presenting a lifetime achievement award next spring to Richard Ford, whose Pulitzer Prize-winning novel "Independence Day" centers on a real estate agent from Springsteen's native New Jersey
12:18PM ( 28 minutes ago )
Hawks' Collins suspended 25 games without pay for PEDs
Atlanta Hawks forward John Collins suspended 25 games after testing positive for growth hormone
12:16PM ( 30 minutes ago )
Trump Jr claims JFK wouldn't fit in modern Democratic Party
Donald Trump Jr. says the modern-day Democratic Party would have rejected President John F. Kennedy as an "alt-right, neo-Nazi terrorist."
12:14PM ( 32 minutes ago )
The Latest: Glitch delays voting in Georgia test county
Software glitch delays voting in Georgia county testing new machines
12:13PM ( 32 minutes ago )