An early draft of House Speaker Nancy Pelosi’s long-anticipated plan to reduce U.S. drug prices has surfaced on Capitol Hill. The main thrust of the plan, which is still in flux, would allow Medicare to negotiate lower prices on the 250 most expensive drugs and apply those discounts to private health plans across the U.S., according to a copy of the document reported by Bloomberg Government. A senior Democratic aide verified the authenticity of the document but cautioned that it wasn’t the most current version and was subject to change. The Department of Health and Human Services is currently prohibited from negotiating drug prices on behalf of Medicare. Learn More