President Joe Biden is trumpeting Medicare’s new powers to negotiate directly with drugmakers on the cost of prescription medications — but a poll shows that any immediate political boost that Biden gets for enacting the overwhelmingly popular policy may be limited.
Three-quarters of Americans, or 76%, favor allowing the federal health care program for the elderly to negotiate prices for certain prescription drugs. That includes strong majorities of Democrats (86%) and Republicans (66%), according to a new poll from The Associated Press-NORC Center for Public Affairs Research. About one in five Americans are neutral on the issue, while 6% outright oppose it.
But the poll shows Biden’s approval rating, at 40%, is about where it’s been for the last year. Americans are split on how the Democratic president is handling the issue of prescription drug prices — 48% approve, making it a relative strong point for him, but 50% disapprove.
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