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Clinton pushes plan to address rising drug costs

1 year 11 months 4 weeks ago Tuesday, September 22 2015 Sep 22, 2015 September 22, 2015 5:13 PM September 22, 2015 in News
Source: Associated Press
By: Ken Thomas and Catherine Lucey

DES MOINES, Iowa - Hillary Rodham Clinton is outlining a sweeping plan to hold down the rising cost of prescription drugs and target drug companies that flood the airwaves with ads.

The Democratic presidential candidate says at a forum in Iowa that she wants to protect consumers while promoting innovation and putting an end to profiteering in the pharmaceutical industry. 

Her plan would place a $250 monthly cap on covered out-of-pocket prescription drug costs. It would also deny tax breaks to televised direct-to-consumer advertising.

She says when drug companies charge hundreds of dollars or more for a single pill, they're being "bad actors making a fortune off of people's misfortunes."

Clinton says she'll put insurance providers "on notice" that they need to help people afford the medical care that they require.

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