There's a 16.6% increase in the price of drugs in shortage, driven mostly by an increase in the price of generics, according to a new report.

Sen. Bernie Sanders, chair of the Health, Education, Labor and Pensions Committee, won't hold a hearing on nomination of Dr. Monica Bertagnolli for National Institutes of Health director until Biden offers a drug price plan.

On Friday, President Biden announced proposed rules to limit short-term insurance plans, prevent surprise medical bills and reduce medical debt tied to credit cards.

As the new law rolls out, some plan sponsors are questioning whether the government's capabilities to negotiate with Medicare on lower drug prices could prompt manufacturers to increase medication costs for employer plans.