Proposes $250 monthly prescription drug cap

Clinton proposes a $250 monthly cap on out-of-pocket prescription drug costs as well as a plan to encourage the development and use of generic drugs and to end pharmaceutical companies’ ability to write off consumer-directed advertising as a business expense. The monthly cap would limit what insurance companies could ask patients to pay for drugs that treat chronic or serious medical conditions. She also wants Medicare to be able to negotiate with pharmaceutical companies over drug prices and require more generous rebates. Consumers would also be allowed to purchase drugs from other countries, where medicine is often less expensive, so long as sufficient safety standards are in place.

We need to protect hard-working Americans here at home from excessive costs. Too often these drugs cost a fortune…That is bad actors making a fortune off people’s misfortune.