WASHINGTON (Nexstar) ‐ The House of Representatives renamed a bill that would lower the price of prescription drugs in honor of Elijah Cummings, the Maryland Democrat who died last week at the age of 68.
California Rep. Karen Bass said HR-3 was officially renamed the Elijah E. Cummings Lower Drug Costs Now Act. "He fought for everyone to have health care and medications that are affordable," she said.
Steven Horsford, a Democrat from Nevada, said it’s "a comprehensive bill that will allow Medicare to directly negotiate for lower priced drugs."
The Congressional Budget Office estimates negotiating prices could save the government $345 billion in a 6-year time period.
"We are going to invest those savings into innovation and new cures as well as expanding benefits under Medicare including dental, hearing and vision," Horsford said. |