USA – Medicare could negotiate drug prices under Biden plan

The Biden administration on Thursday unveiled a detailed blueprint for lowering prescription drug prices that includes aggressive proposals backed by congressional Democrats.

The blueprint includes few new proposals, and instead emphasizes policies that have become standard planks for Democrats in recent years.

The administration’s plan includes a proposal to allow Medicare to directly negotiate drug prices — both those administered in doctor’s offices and those obtained in a retail pharmacy. Those negotiated prices will be available to commercial plans and employers who want to participate…