Americans Pay 2.5 Times More for Prescriptions Than Any Other Developed Country | EWTN News Nightly

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According to a 2021 study from the Rand Corporation, Americans pay almost 2.5 times more for prescriptions than any other developed country, but that could change soon. The Biden Administration announced that Medicare will start negotiating the prices for 10 drugs including blood thinners and diabetes medication. These are the first drugs to be negotiated since the Inflation Reduction Act authorized negotiating power to Medicare. Executive Director of Christ Medicus, Louis Brown, joins to tell us how big the impact will be and how soon everyday Americans will feel the impact of these negotiations. Brown shares more about the drugs on this list and how critical they are for those on Medicare. Reports say that it could take a few years for the real effects to be felt. Brown discusses whether he foresees any roadblocks or slowing down of these measures moving forward. One of the main tenets of Christ Medicus is evaluating public policy to gauge "how specific policies impact those who are poor, sick, vulnerable, and most at risk." Based on that, Brown fills us in on whether this is good policy for Catholics and America at large. ------------ EWTN News Nightly provides the latest news and analysis from a Catholic perspective. Join host Tracy Sabol, our Capitol Hill, White House and Rome Correspondents, as well as many other diverse guests daily, to get the latest from the U.S. and the Vatican on topics regarding our Catholic faith and interests. ------------- EWTN News Nightly airs on EWTN weekdays at 6pm & 9pm ET. ------------ Don't miss an episode of EWTN New Nightly. Get updates here: https://www.ewtn.com/tv/shows/ewtn-news-nightly ------------- Sign up today to receive the EWTN News Nightly newsletter: https://www.ewtn.com/enn ------------- Follow EWTN News Nightly on Social Media: Facebook: https://www.facebook.com/ewtnnewsnightly Twitter: https://twitter.com/EWTNNewsNightly Instagram: https://www.instagram.com/ewtnnewsnightly/ ------------- Subscribe to EWTN YouTube channel here: https://www.youtube.com/user/EWTN ------------- You can support the EWTN News mission: https://bit.ly/3qDR1qf