Drug Cos. Would Have To Justify Price Hikes Under New Bills

By Dani Kass (September 15, 2016, 3:26 PM EDT) -- U.S. Sens. John McCain, R-Ariz., and Tammy Baldwin, D-Wis., and Rep. Jan Schakowsky, D-Ill., on Thursday introduced bills which would require companies that increase their drug prices more than 10 percent at once to justify that raise to the public in an effort to increase transparency....

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