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(Washington, DC) Today, the House passed H.R. 3 the Elijah E. Cummings Lower Drug Costs Now Act, to help lower the cost of prescription drugs. This bill gives Medicare the ability to negotiate directly with drug companies for the first time, while requiring these lower prices to be transparent and available to those with private insurance. It also creates a new annual $2,000 out-of-pocket limit on prescription drug costs for Medicare beneficiaries.