Mckinley, Welch introduce bill aimed at lowering prescription drug costs

WASHINGTON, D.C. (WDTV) -- Representatives David McKinley and Peter Welch (D-VT) have introduced a bill aimed at lowering the cost of prescription drugs.

H.R. 985, the Fair Access for Safe and Timely (FAST) Generics Act, would prohibit drug manufacturers from blocking competitors trying to enter the market. Supporters say this would bring prices down by increasing the availability to generic drugs.

“The high cost of prescription drugs requires many Americans to make difficult financial decisions for themselves and their families. The FAST Generics Act will help provide patient access to lifesaving medications at affordable prices,” McKinley stated. “Families should never have to decide between affording their medications and grocery shopping or filling up their gas tanks.”

You can learn more about the bill and track its progress by visiting the Related Link (to the right on desktop, below on mobile).