Who will win the legal battle over drug prices?

Medicare is scheduled to start negotiating lower prices in the fall with drug companies as a part of the Inflation Reduction Act President Biden signed in 2022, but several of the largest players hope they never have to negotiate at all. Leading industry groups sued the administration in June, claiming the program violates the First and Fifth Amendments. Josh Nathan-Kazis, health care reporter for Barron’s, joined CBS News to examine the legal arguments in the case.

#news #health #medicare

CBS News Streaming Network is the premier 24/7 anchored streaming news service from CBS News and Stations, available free to everyone with access to the Internet. The CBS News Streaming Network is your destination for breaking news, live events and original reporting locally, nationally and around the globe. Launched in November 2014 as CBSN, the CBS News Streaming Network is available live in 91 countries and on 30 digital platforms and apps, as well as on CBSNews.com and Paramount+.

Subscribe to the CBS News YouTube channel: http://youtube.com/cbsnews
Watch CBS News: http://cbsn.ws/1PlLpZ7c
Download the CBS News app: http://cbsn.ws/1Xb1WC8
Follow CBS News on Instagram: https://www.instagram.com/cbsnews/
Like CBS News on Facebook: http://facebook.com/cbsnews
Follow CBS News on Twitter: http://twitter.com/cbsnews
Subscribe to our newsletters: http://cbsn.ws/1RqHw7T
Try Paramount+ free: https://bit.ly/2OiW1kZ

For video licensing inquiries, contact: licensing@veritone.com

On August 1, 2023 By Doris Olivo

• Breaking News