Sunday April 21st, 2019 8:33PM

Collins reintroduces legislation to lower prescription drug costs

By AccessWDUN Staff

Ninth District Congressman Doug Collins has reintroduced legislation aimed at lowering the cost of prescription medication and increasing transparency in the drug pricing process.

Introduction of the legislation comes after President Trump, during his State of the Union address, called on Congress to directly address the rising cost of prescription drugs.

"For too long, we have turned a blind eye as pharmacy middlemen have manipulated drug prices to maximize their profit margin," Collins, a Gainesville Republican, said.  "The Prescription Drug Price Transparency Act will protect patients and pharmacies by increasing transparency over the drug pricing process, providing greater oversight to protect taxpayer dollars, and ensuring patients are able to choose their pharmacy." 

"By requiring price concessions between pharmacies and middlemen be included at the point of sale, the Phair Pricing Act will guarantee patients at the pharmacy counter directly benefit from lower costs allegedly negotiated on their behalf."

Click here for a detailed account of the bills.

Collins originally introduced both bills during the last congressional session.

  • Associated Categories: Business News, Local/State News, Politics, Submitted News
  • Associated Tags: prescription drugs, Doug Collins, Congress, drug costs
© Copyright 2019
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.