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How can Medicare get better drug prices?

10:49 AM ET Tue, 15 March 2016

Dr. Steve Miller, Express Scripts chief Medical Officer says giving Medicare the legal ability to negotiate drug prices is not enough to secure discounts from pharmaceutical companies. Medicare would also need to narrow the list of approved brand-name drugs in order to see real savings, and the he says the best way to do that is in conjunction with private sector pharmacy benefits firms and insurers.