drug prices
Medicare negotiations underway to lower prices for next batch of drugs
In the shadow of President Trump's efforts to lower drug prices, the Medicare drug price negotiation process that began in the Biden administration continues.
Trump signs an order to reduce drug prices, but it’s unclear how it would work
President Trump wants to lower drug prices in the U.S. by tying them to the prices paid in other developed countries. The pharmaceutical industry has long opposed the approach.
Trump signs executive action to lower drug prices
The action is intended to build upon the existing program for Medicare drug price negotiations, which was created by the Inflation Reduction Act that passed during the Biden administration.
