House GOP blocks spending bill provision to require drug price disclosures in TV ads

By | September 14, 2018

House Republicans have blocked a provision from a spending bill that would have required drug companies to post the prices of their products in TV commercials.

The provision was not included in a larger healthcare spending bill finished by House and Senate negotiators on Thursday.

The price disclosure requirement passed the Senate last month and has the support of of President Trump, though his administration is already working on regulations that would make companies post prices.

The bill’s lead sponsor in the Senate, Sen. Dick Durbin, D-Ill., noted during spending negotiations that it had the support of Trump and blamed drug companies for its failure in the House.

Chuck Grassley, R-Iowa, the co-sponsor of the provision, tweeted similar sentiments Thursday, saying the outcome was “embarrassing.”

A recent poll from the Kaiser Family Foundation found that it also has the support of 76 percent of the public.

Healthcare

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