Video Watch live: Biden, Harris give remarks on lowering health care costs by The Hill Staff - 08/29/23 12:00 PM ET by The Hill Staff - 08/29/23 12:00 PM ET Share ✕ LinkedIn LinkedIn Email Email President Biden and Vice President Harris are speaking Tuesday afternoon about the administration’s efforts to lower the out-of-pocket expenses for health care consumers. One aspect of that process came into focus with the day’s announcement of 10 prescription drugs for price negotiation under Medicare Part D. The step, though essential, doesn’t guarantee a particular outcome, and any lowered prices achieved will only take effect Jan. 1, 2026.But, the selected pharmaceuticals represent some 20 percent of recent annual costs for the Part D program. The most widely received medication on the list, the anti-blood clotting agent Eliquis, came at a gross cost of nearly $16.5 billion to Medicare over the 12 months ending in May 2023.The event is scheduled for 2 p.m. EDT.Watch the live video above. Tags Centers for Medicare and Medicaid Services Department of Health and Human Services Joe Biden Kamala Harris Medicine Pharmaceutical industry prescription drug prices Copyright 2024 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.. Share ✕ LinkedIn LinkedIn Email Email Main Area Top ↴ Main Area Middle ↴ Main Area Bottom ↴ Top Stories See All AP U.S. Floridians cleaning up from Hurricane Milton are hampered by a widespread fuel shortage by RUSS BYNUM, BRENDAN FARRINGTON and TY ONEIL, Associated Press 5 days ago AP U.S. / 5 days ago AP Top Headlines Florida neighbors band together to recover after one-two punch from hurricanes Helene and Milton by RUSS BYNUM and LAURA BARGFELD, Associated Press 4 days ago AP Top Headlines / 4 days ago Respect ‘Boommates’: Many Baby Boomers are turning to home-sharing to tackle unaffordable housing by Alicia Nieves and Urja Sinha 4 months ago Respect / 4 months ago Poverty Is an all-inclusive resort cheaper than rent? One man tried it by Andrew Dorn 4 months ago Poverty / 4 months ago See All Sidebar Top ↴ Most Popular Marjorie Taylor Greene stumps for Steve Bannon as he reports to prison Stock market today: World stocks gain as China releases plan to finance share ... Alabama man arrested in SEC social media account hack that led the price of ... Netflix’s subscriber growth is slowing, but its profit and stock price are ... Average rate on a 30-year mortgage in the US rises to the highest level in 8 ... Colsen recalls nearly 90,000 tabletop fire pits after reports of serious burn ... Stock market today: Wall Street drifts around its records following latest ... New Jersey internet gambling revenue set new record in Sept. at $208 million Former NBC anchor Brian Williams is returning to election night and hosting an ... European Central Bank, seeing no signs of recession, cuts interest rates again Elevance makes a late cut to its 2024 forecast after seeing trouble in Medicaid PPG will lay off 1,800 employees as paints and coatings maker aims to cut costs US shoppers spent more at retailers last month in latest sign consumers are ... Meta lays off staff at WhatsApp and Instagram to align with ‘strategic ... Big Tech’s energy needs mean nuclear power is getting a fresh look from ... US filings for jobless applications retreat back to recent ranges after big ... How did as many as 140 people die in one of Nigeria’s deadliest tanker ... Nokia sees improved Q3 profit but reports 8% sales dip mainly due to weaker ... Load more Sidebar Middle ↴ Sidebar Bottom ↴ Video Child marriage is still legal in most of the U.S. Here’s why. Equality Watch live: Republican National Convention Day 3 Video Watch live: Biden courts Latino voters in speech at annual UnidosUS conference Video Watch live: Biden gives remarks at NAACP convention, attends economic forum Video See all Video ✕ Read next > Read next > Next ✕ ✕ Read next > Next story in Cancel Read next > Next story in Cancel
AP U.S. Floridians cleaning up from Hurricane Milton are hampered by a widespread fuel shortage by RUSS BYNUM, BRENDAN FARRINGTON and TY ONEIL, Associated Press 5 days ago AP U.S. / 5 days ago
AP Top Headlines Florida neighbors band together to recover after one-two punch from hurricanes Helene and Milton by RUSS BYNUM and LAURA BARGFELD, Associated Press 4 days ago AP Top Headlines / 4 days ago
Respect ‘Boommates’: Many Baby Boomers are turning to home-sharing to tackle unaffordable housing by Alicia Nieves and Urja Sinha 4 months ago Respect / 4 months ago
Poverty Is an all-inclusive resort cheaper than rent? One man tried it by Andrew Dorn 4 months ago Poverty / 4 months ago