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FILE - Pharmaceuticals are seen in North Andover, Mass., June 15, 2018. Workers and families with private health insurance would reap savings on prescription drugs from a little-noticed provision in President Joe Biden's sweeping social agenda bill. Drug companies would have to pay rebates to Medicare if they increase prices above the rate of inflation. Business groups are paying close attention, and the issue has divided them in a fierce lobbying battle. (AP Photo/Elise Amendola, File)
Cap on drug price hikes for privately insured sparks battle

FILE – Pharmaceuticals are seen in North Andover, Mass., June 15, 2018. Workers.

Prescription pills are shown Wednesday, Nov. 10, 2021 in Washington. Medicare enrollees who take expensive medicines could save thousands of dollars a year under the Democrats’ sweeping social agenda bill, but those benefits would build gradually, starting in a couple of years with a check on price increases and limits on insulin costs. A cap on out-of-pocket costs would follow in 2024, and a year later patients will begin to see lower prices negotiated by Medicare. (AP Photo)
Real Medicare drug savings in Dems’ bill – but not overnight

Prescription pills are shown Wednesday, Nov. 10, 2021 in Washington. Medicare enrollees who.

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