Trump Order Walks Back Biden-Era Effort To Lower Prescription Drug Prices. Here's Context
Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid agencies to research and implement models for lowering the costs of prescription drugs. Separate provisions in the Inflation Reduction Act of 2022 also aimed at lower prescription drug costs are still in effect.
Trump Ends Push to Slash Prescription Drug Costs
Trump's order, signed shortly after his inauguration on Monday, targets policies his administration calls "deeply unpopular" and "radical," NBC News reported. One of those now-cancelled policies directed Medicare to investigate ways to slash drug costs, including the possibility of a $2 monthly out-of-pocket cap on some generic medications.
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for
Trump’s prescription drug executive order rollback didn’t quash all Biden-backed cost savings
The executive order, which Biden signed in October 2022, had not spurred any lower drug prices by the time Trump revoked it Jan. 20. The order directed the Health and Human Services Department secretary to consider "new health care payment and delivery models" for the Center for Medicare and Medicaid Innovation to test.
Fact Check: Did Trump Raise Prescription Drug Prices?
Trump reversed former President Joe Biden's order on "Lowering Prescription Drug Costs for Americans" on Monday.
Trump Reverses Some Biden Drug Pricing Initiatives, Potentially Impacting Medicare Costs
Experts suggest that most Americans will not experience immediate changes in their out-of-pocket health care expenses.
Trump Rescinds Biden’s Order Aimed at Lowering Costs of Prescription Drugs
The move halts several pilot programs, including offering Medicare Part D recipients generic medications for a $2 copay.
President Trump undoes executive order aimed at lowering prescription drug prices
The president may have let his true priority slip during a Fox News interview. Sean Hepburn Ferrer, the son of the late Audrey Hepburn, shared his thoughts on Ivanka Trump wearing a dress originally designed for his mom to Donald Trump’s 2025 Inaugural Ball.
Concern over prescription drug costs after myriad of Trump executive actions
Recent reversal of Biden-era executive orders raised questions about the future of medication affordability. However, medical professionals say there is no immediate indication of an increase in cost.
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Trump has promised to ‘knock out’ pharmacy benefit managers. How the drug middlemen became a $557 billion industry that its customers love to hate
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Medicare's new $2,000 cap on out-of-pocket drug costs could save enrollees thousands, AARP says
The AARP report suggests the spending cap could be huge for Medicare enrollees who take costly drugs for cancer, rheumatoid ...