Legislation to Make Prescription Drug Pricing Transparent Reintroduced
This week, a bipartisan bill was reintroduced in Congress that aims to curb rising pharmaceutical costs through transparency. Senators John McCain of Arizona and Tammy Baldwin of Wisconsin, along with Representative Jan Schakowsky of Illinois, introduced the FAIR Drug Pricing Act in response to reports that prescription drug spending continues to skyrocket as pharmaceutical companies hike their prices, often multiple times a year and without warning.