New effort to drive down prescription prices

Local News

A new effort is underway in congress to drive down the cost of prescription drugs.  
A group of Democratic lawmakers has introduced a package of bills designed to save Americans money on prescription drugs.

One of the measures would force drug companies to sell medicines in the United States for no more than the average prices in other major countries.

Another would allow Americans to buy drugs from Canada and other countries, while a third would direct the government to negotiate lower prices for Medicare patients.

A group that tracks drug costs says at the start of the new year, about 60 companies increased the price on almost 300 medications. The price of insulin, a life-saving drug for diabetics, tripled between 2002 and 2013.

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