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10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
drug costs
Bottles of medicine ride on a belt at a mail-in pharmacy warehouse in Florence, N.J., July 10, 2018. President Joe Biden's administration will announce on Tuesday, Aug. 29, 2023, the first prescription drugs being targeted by the U.S. government for price negotiations as part of an effort to lower Medicare costs. (AP Photo/Julio Cortez, File)
WASHINGTON — President Joe Biden touted the potential cost savings of Medicare's first-ever price negotiations for widely used prescription drugs on Tuesday as he struggles to convince Americans that he's improved their lives as he runs for reelection.
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