
Senate Democrats and the Biden administration dropped plans to set drug price caps based on the amount paid in other high-income countries, during talks years ago to push through the law that empowered Medicare to negotiate down the cost of prescription medications.
A version of the idea was revived by President Trump in the executive order signed Monday, which called on the Department of Health and Human Services next month to draw up regulations to impose price restrictions tied to lower amounts paid in other developed nations, if drugmakers did...
Continue reading...A version of the idea was revived by President Trump in the executive order signed Monday, which called on the Department of Health and Human Services next month to draw up regulations to impose price restrictions tied to lower amounts paid in other developed nations, if drugmakers did...