A bill to lower the cost of all drugs for all Americans.

Bill 118 s 4845, also known as the "Lower Drug Costs for All Americans Act," aims to reduce the cost of prescription drugs for all Americans. The bill proposes several measures to achieve this goal.

First, the bill would allow the government to negotiate with drug manufacturers to lower the prices of prescription drugs. This would help ensure that Americans have access to affordable medications that they need to stay healthy.

Second, the bill would cap out-of-pocket costs for prescription drugs for Medicare beneficiaries at $2,000 per year. This would provide financial relief for seniors who often struggle to afford their medications on a fixed income. Additionally, the bill would require drug manufacturers to provide more transparency about their pricing practices. This would help consumers better understand why drug prices are so high and hold manufacturers accountable for their pricing decisions. Overall, the Lower Drug Costs for All Americans Act seeks to make prescription drugs more affordable for all Americans, regardless of their income or insurance status. By implementing these measures, the bill aims to improve access to essential medications and reduce the financial burden of high drug costs on individuals and families.