• Trump's last-ditch drug pricing moves could help him in November. But they likely won't save Americans money

    12 days ago - By STAT

    WASHINGTON - With 50 days to go before the 2020 election, President Trump is taking his wildest swing yet at the pharmaceutical industry. He's likely to miss, but that might not matter.
    There's virtually no chance that the policies his administration rolled out on Sunday will save Americans any money on prescription medicines before Election Day. The scheme, to cap how much Medicare pays for drugs based on lower prices in foreign countries, can't realistically be implemented by Nov. 3. Even if Trump tries a risky regulatory workaround, any changes would almost surely be delayed by a...
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  • Why does Trump want foreign countries to set Medicare drug prices?

    Why does Trump want foreign countries to set Medicare drug prices?

    12 days ago - By Health Business Blog

    Trump put us in charge!
    Does anyone else find it ironic that the “America First” president has issued an Executive Order that says foreign countries will set drug prices for the US? President Trump has ordered Medicare to literally cede drug price decisions to France, Germany, Japan or New Zealand -where prices are dramatically lower than here. Yes, the idea is to take the lowest price that any of the other rich countries negotiate and use that as Medicare's price.
    What's next? Will the EPA adopt France's emission standards? Will the SEC let Italy set the rules for Wall Street? Will...
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