Senate does not negotiate with Baucus

Medicare direct drug price negotiation bill stalls in the Senate April 18, as Sen. Max Baucus, D-Mont., fails to win enough votes for "cloture," which would bring the Senate to a vote. As passed by the Finance Committee, Baucus' S 3 would permit HHS to negotiate Part D prices with drug manufacturers and add provisions in other areas such as comparative effectiveness research and data sharing with congressional agencies (1"The Pink Sheet" April 16, 2007, p. 4)...

Medicare direct drug price negotiation bill stalls in the Senate April 18, as Sen. Max Baucus, D-Mont., fails to win enough votes for "cloture," which would bring the Senate to a vote. As passed by the Finance Committee, Baucus' S 3 would permit HHS to negotiate Part D prices with drug manufacturers and add provisions in other areas such as comparative effectiveness research and data sharing with congressional agencies (¹ (Also see "Price Negotiation Bill Moves To Full Senate, With Grassley Vowing To Block It" - Pink Sheet, 16 Apr, 2007.), p. 4)....