President Donald Trump announced plans to sign an executive order reviving a policy from his first term to reduce prescription drug prices by tying U.S. costs to those paid in other developed countries. The order reintroduces the “Most Favored Nation” pricing model, which links what Medicare pays for certain drugs to the lowest price charged globally.

Politics

Trump to sign order cutting prescription drug prices by up to 80%

28 days ago 1:05

Trump’s executive order links Medicare drug prices to global rates, targeting 30–80% savings but raising industry fears of shortages.

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