What's at stake for employers in Congress's drug pricing fight

By the numbers: The House bill could reduce employer health spending by $195 billion between 2023 and 2029, West Health estimates, noting that this is a conservative scenario.

• Employees could save $61 billion through lower premiums and out-of-pocket costs.
• Affordable Care Act market costs could fall by $58 billion.

Details: The bill would allow Medicare to negotiate the prices of some drugs, tie those prices to what other countries pay, and make those prices available in the commercial market. 

• It would also limit drug price increases under Medicare and cap beneficiary out-of-pocket spending.
• The price negotiation provisions of the bill would save the federal government hundreds of billions of dollars over a decade, the Congressional Budget Office has estimated.

Go deeper: Prescription drug price fight gets a funding infusion