Hillary Clinton Proposes $250 Monthly Cap on Prescription Drug Costs

To stop measures of what she called "price gouging" by pharmaceutical companies, Democratic presidential candidate Hillary Clinton proposed a $250 monthly cap on out-of-pocket prescription drug costs.

Clinton rolled out the plan in Iowa as a way to encourage the use of generic drugs and to end pharmaceutical companies' ability to write off consumer-directed advertising as a business expense. 

"We need to protect hard-working Americans here at home from excessive costs. Too often these drugs cost a fortune," she said in Des Moines, adding drug companies keep the profits for themselves while "shifting the cost to families."

The presidential candidate's comments come after the news of a pharmaceutical CEO raised the price of Daraprim to $750 from $13.50. 

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