The proposal, which Hillary Clinton will outline in a speech in Iowa on September 22, would also allow Medicare to negotiate lower drug costs and cap out-of-pocket expenses, according to details of the plan sent out by her campaign team.
The plan seeks to address a key shortcoming of ObamaCare, President Barack Obama’s signature health law, as Hillary Clinton aims to show how she would put her imprint on it.
On September 21, Hillary Clinton sent out a tweet referencing a New York Times article about Daraprim, a drug to treat toxoplasmosis that increased in price overnight from $13.50 to $750 per tablet.
“Price gouging like this in the specialty drug market is outrageous. Tomorrow I’ll lay out a plan to take it on,” Hillary Clinton said.
US pharmaceuticals companies charge Americans thousands of dollars for new drugs that are often priced lower in other developed nations while receiving billions of taxpayer dollars for basic research, according to the campaign.
The prescription drug plan is part of a broader focus on health care this week.
On September 23, Hillary Clinton will outline a separate set of proposals to address other out-of-pocket health costs that patients face.
According to the campaign, Hillary Clinton’s plan will propose to:
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