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Democrat Harris unveils plan to lower drug costs, put 'people over profit'

FILE PHOTO - U.S. Democratic presidential candidate and U.S. Senator Kamala Harris (D-CA) speaks during a Fourth of July House Party in Indianola, Iowa, U.S., July 4, 2019. REUTERS/Scott Morgan

Democratic presidential candidate Kamala Harris unveiled a plan on Tuesday to crack down on pharmaceutical companies which overcharge for prescription drugs, making her the latest 2020 White House candidate to seize on the issue.

Harris, a U.S. senator from California, said her proposal would dramatically lower drug costs by allowing the federal government to set fair prices for what companies can charge and forcing them to pay rebates to consumers for medicines sold at artificially high rates.

“As President, I will not stand idly by as Americans pay thousands of dollars for prescription drugs while big pharmaceutical companies rake in massive profits,” Harris said in a statement ahead of speaking about the plan at a candidate forum in Iowa, the first state to hold a nominating contest.

“This plan puts people over profit by forcing these companies to reduce prices for consumers and holding them accountable when they gouge Americans.”

With the high cost of drugs and rising healthcare rates a pressing issue for voters, debate over the future of the U.S. healthcare system has become a focal point of the Democratic nominating contest.


16th July 2019

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