GOP, Dems offer compromise to reduce drug costs for seniors

WASHINGTON - Two senior senators --- a Republican and a Democrat --- unveiled compromise legislation Tuesday to reduce prescription drug costs for millions of Medicare recipients, while saving money for federal and state health care programs serving seniors and low-income people.     Iowa Republican Charles Grassley and Oregon Democrat Ron Wyden said the bill would for the first time limit drug copays for people with Medicare's "Part D" prescription plan , by capping patients' out-of-pocket costs at $3,100 a year starting in 2022. They're hoping to have it ready soon for votes on the Senate floor.   The legislation would also require drugmakers to pay a ...

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