Lawmakers introduce bill to lower drug costs for service members, veterans

Two Democratic congressmen are set to introduce legislation Thursday aimed at lowering drug prices for millions of service members, veterans and military families.

Reps. Eugene Vindman, D-Va., and Pat Ryan, D-N.Y., both retired U.S. Army veterans and members of the House Armed Services Committee, are advancing a bill they dubbed the MISSION RX Act.

Their proposal is designed to allow Tricare beneficiaries and Department of Veterans Affairs patients to pay for prescription drugs at whichever is the lower of two prices: the rate negotiated by the Centers for Medicare & Medicaid Services, or CMS, or the cost offered through their existing coverage.

The bottom line, the congressmen say, is that anyone covered by Tricare or the VA would pay the lowest government-negotiated price.

Right now, only people enrolled in Medicare get to pay the rate for certain drugs set by the CMS.

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Source: Military Times
Website: www.militarytimes.com