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Prescription Drug

When the Biden administration proposed allowing the federal government to negotiate Medicare drug prices earlier this year, the nonpartisan Congressional Budget Office estimated the result would be drug price drops of between 57% and 75%. In 2019, when the Trump administration proposed doing the same thing, the nonpartisan Commonwealth Fund found that negotiating prices would cut premiums for ...

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TRUMP: “When you see the Drug Companies taking massive television ads against me, forget what they say (which is false), YOU KNOW THAT DRUG PRICES ARE COMING DOWN, BIG.” — tweet Sunday.

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WASHINGTON — The Trump administration on Thursday proposed bringing transparency to one of the most secretive aspects of drug pricing by ending the widespread practice of rebates to middlemen - an effort to reduce what consumers pay for prescription medicine.

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