New bipartisan bill targets drug prices--and Mylan
The bill would allow HHS to reclassify a drug and recoup rebates when a manufacturer deliberately misclassifies a drug.
According to one federal analysis, taxpayers may have overpaid for Mylan’s EpiPen by as much as $1.27 billion over 10 years as a result of its misclassification. (Photo: Shutterstock)
Senators Ron Wyden, D-Oregon, and Chuck Grassley, R-Iowa, have introduced a bill that’s aimed at the methods drug companies use to
overcharge taxpayers for Medicaid rebates.
The Hill reports, the bill, put forward by the incoming chairman and ranking member of the Senate Finance Committee, could mean that the two are looking for common ground on drug prices.
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