US Democratic hopeful Amy Klobuchar proposes drug cost plan aimed at seniors - (NASDAQ via NewsPoints Desk)

  • US presidential candidate Amy Klobuchar unveiled a plan seeking to lower drug prices for seniors one day after the administration of President Donald Trump withdrew its drug cost plan, as reported NASDAQ Friday.

  • Klobuchar's proposal would permit the government to negotiate Medicare Part D costs.

  • Klobuchar's plan also seeks to increase investment in the development of treatments for Alzheimer's disease.

  • Senator Bernie Sanders, who is also running for president, has called for a complete government takeover of the national healthcare system.

  • Meanwhile, the plan abandoned by the Trump administration would have required pharmacy benefit managers to provide rebates directly to Medicare patients.

  • FirstWord Reports: Providing insight, analysis and expert opinion on important Pharma trends and challenging issues <Click here>

To read more NewsPoints articles, click here.