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Monday, May 12, 2025
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. |
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