Biden, Harris to appear jointly for first time since he dropped out of race

Washington — President Biden and Vice President Kamala Harris are unveiling a caller milestone Thursday successful the administration's efforts to lower medicine cause prices successful their archetypal authoritative quality unneurotic since the president exited the 2024 race.  

Slated to look astatine Prince George's County Community College successful Maryland, Mr. Biden and the party's caller statesmanlike nominee, Harris, are expected to denote the result of the archetypal Medicare cause terms dialog arsenic portion of the administration's efforts to lower costs for Americans. 

In a connection Thursday, the president said that for the archetypal time, Medicare has reached agreements with cause manufacturers connected little prices for each 10 of the drugs selected for the archetypal circular of negotiation. "It's a alleviation for the millions of seniors that instrumentality these drugs to dainty everything from bosom failure, humor clots, diabetes, arthritis, Crohn's disease, and much – and it's a alleviation for American taxpayers," Mr. Biden said.

The 10 medicine drugs successful the archetypal circular included large names similar Eliquis, Jardiance and Stelara, and others that person among the highest spending successful Medicare Part D. The little prices, which instrumentality effect successful 2026, could prevention taxpayers astir $6 cardinal successful the archetypal year, the White House said, portion those who are enrolled successful Medicare Part D would prevention astir $1.5 cardinal successful out-of-pocket costs. 

The negotiated prices came aft the transition of the Inflation Reduction Act, which gave Medicare the quality to negociate with drugmakers connected medicine prices. The president credited Harris' tie-breaking ballot successful the Senate for propelling the authorities to transition successful 2022. 

Harris, who vaulted to the apical of the Democratic summons little than a period agone erstwhile Mr. Biden announced helium wouldn't beryllium moving for reelection, said successful a connection that the medication isn't stopping here, with plans to prime further drugs for terms negotiations each year. The White House has besides touted extending the $35 headdress connected insulin for Medicare recipients to the commercialized market.

"President Biden and I volition ne'er halt warring for the health, wellbeing, and fiscal stableness of the American people," she said. 

While Harris deed the run way successful the aftermath of the president's announcement that helium would not tally for reelection, Mr. Biden has mostly kept retired of the spotlight. 

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• Medicare