

Trump Signs Executive Order to Lower Drug Prices - Do You Support the Order?
Do you support Trump's order to lower drug prices?
by Axios | 7.27.20
President Trump on Friday signed executive orders that revive several of the administration's previous drug pricing ideas — including attempts to require Medicare to pay no more for drugs than the lowest prices paid by other countries and changing how drug rebates work within industry middlemen.
Reality check: The Trump administration has not enacted any major policies on drug prices. Today's executive orders on their own have limited authority and could take a long time to go into effect, if they go into effect at all.
The big picture: A lower drug pricing index and Canadian drug importation have been longstanding initiatives within the Trump administration. Together, all four executive orders would:
- Link Medicare payments to drug prices in foreign countries.
- Lower the price of insulin and Epi-Pens provided at hospitals from a current drug discount program.
- Create a way for Americans to purchase cheaper prescription drugs imported from Canada.
- Give patients the drug rebates that are obtained by pharmacy benefit managers, a proposal that the administration already killed in 2019.
The Latest
-
In Pictures: The World Rings In the New Year Amid a PandemicNew Year's Eve fireworks erupt over the Chao Phraya river during the fireworks show in Bangkok. Photo: Mladen Antonov/AFP via read more...
by Axios | 1.1.21
-
Are You Hopeful or Fearful for 2021? Here's What Americans Are SayingAre you more hopeful or more fearful about what the year 2021 has in store for you personally?Survey of 3,561 U.S. adults, Dec. read more...
by Axios | 12.31.20
-
FBI Busted Domestic Terror Plot to Kidnap Michigan Gov. Gretchen WhitmerSix people have been charged in an alleged plot to violently overthrow the government and kidnap Michigan Gov. Gretchen Whitmer, read more...
by Axios | 10.8.20