Democrats reach deal aimed at cutting drug prices for seniors

Nov 3, 2021
The limited plan would, for the first time, give Medicare the power to negotiate prices directly with pharmaceutical companies.
The Democrats' plan would cap out-of-pocket spending at $2,000 a year and give Medicare the power to negotiate the costs of some medicines directly with drugmakers.
FatCamera via Getty Images

Drugmakers of insulin accused of price fixing

Jan 31, 2017
Three of the biggest makers of diabetes treatments have been accused of price fixing. A lawsuit filed this week claims that Sanofi, Novo Nordisk and Eli Lilly have been conspiring to drive up prices of insulin at the expense of their patients. Because of the high prices, the suit says some patients have been using […]