Hillary Rodham Clinton is outlining a sweeping plan to hold down the rising cost of prescription drugs and target drug companies that flood the airwaves with ads.
The Democratic presidential candidate says at a forum in Iowa that she wants to protect consumers while promoting innovation and putting an end to profiteering in the pharmaceutical industry.
Her plan would place a $250 monthly cap on covered out-of-pocket prescription drug costs. It would also deny tax breaks to televised direct-to-consumer advertising.
She says when drug companies charge hundreds of dollars or more for a single pill, they’re being “bad actors making a fortune off of people’s misfortunes.”
Clinton says she’ll put insurance providers “on notice” that they need to help people afford the medical care that they require.