Monday, May 12, 2025

Trump signs EO to slash drug prices by minimum of 50%

The new order directs Health and Human Services Secretary Robert F. Kennedy Jr. to come up with price-cutting goals within 30 days, White House officials said on a call Monday. The move will kick off a round of negotiations between Kennedy and the drug industry. Should talks stall, Kennedy will move to enforce the "most favored nation" pricing model, capping the U.S. prices at the lowest rates paid by other wealthy nations. Most notably, officials said the policy will not be limited to certain drugs under Medicare, as it was in original version, but will also target medications covered by Medicaid and private insurance.

Comments

This seems like an excellent idea.. what's in it for TrumpCo?

#1 | Posted by redlightrobot at 2025-05-12 01:28 PM

What a charade, he tried this in 2020 and the courts stopped it then and they almost certainly will again.

#2 | Posted by qcp at 2025-05-12 01:36 PM

Breaking: Judge Boasberg has ruled that Americans will still have to pay full price for pharmaceuticals.

#3 | Posted by oneironaut at 2025-05-12 03:11 PM

Breaking:The 300 lb------------- is whining about the cost of the fat drug shot.

#4 | Posted by reinheitsgebot at 2025-05-12 03:14 PM

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