While the bill is not a done deal, the House passage means provisions to improve Medicare are a step closer to becoming law.
The House has now passed its version of the Build Back Better Act, which aims to strengthen the social safety net and invest in battling climate change.
The measure would allow the federal government to negotiate pharmaceutical prices with manufacturers under Medicare's Part D prescription drug coverage.Audiologist examining a patient's ear.With the, provisions that would improve Medicare have moved a step closer to becoming law. The Senate must still pass its version and the possibility exists that any final measure agreed upon by both chambers may look different from what's in play now.
If the Medicare provisions remain intact, the federal government would be permitted for the first time to negotiate the price of certain drugs with pharmaceutical companies. That move is intended to bring down the cost of some prescription drugs.
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