Inside Drug Pricing - 07/08/2019

Trump Plans Order Giving U.S. Most Favored Nation Status For Drugs

By Rachel Cohrs
July 5, 2019 at 2:42 PM
President Donald Trump is writing an executive order to ensure the United States pays no more than any other country for prescription drugs, he said Friday (July 5). Depending on the details of the proposal, this approach could be more aggressive than the administration’s planned International Pricing Index demonstration for Medicare Part B, which has rankled drug makers. The announcement comes days after drug makers’ latest round of price hikes in early July. “They’ve taken advantage of the system for...

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