Legislation In Motion
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Healthcare & Prescription Costs
Lower drug prices, protect Medicare & Medicaid access.
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Keep Social Security strong and secure retirement for all.
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Raise wages, support workers, and grow the middle class.
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Media, Internet & the Public Good
Healthcare & Prescription Costs
Lower drug prices, protect Medicare & Medicaid access.
H.R.4895 – Lowering Drug Costs for American Families Act
In Committee
Actively under review or recently introduced
Summary
This bill would allow Medicare to negotiate drug prices directly with manufacturers, aiming to lower out-of-pocket costs for seniors and others on fixed incomes.
Why It Matters
If passed, this bill could significantly reduce drug costs for people on Medicare — potentially saving older Americans hundreds of dollars each year. Supporters say it empowers the government to rein in high drug prices and improves access to life-saving medications. Critics argue it could reduce pharmaceutical company revenues and discourage investment in new drug development. Even if you’re not on Medicare, this policy could influence drug pricing benchmarks for private insurance plans and help curb broader healthcare costs. Introduced: March 1, 2025 Latest Action: Referred to House Committee on Energy and Commerce – March 15, 2025 Last Updated: April 5, 2025
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