Trump administration presses Congress to cut drug prices by ending industry's 'backdoor deals'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Trump administration pressures Congress to lower Medicare drug prices by ending industry's 'backdoor deals'

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

In Canada we buy an insurance policy from the insurance company and if we need meds, we go to the pharmacy and give our card and the insurance company covers the cost. How does it work in the U.S?

Front door Medicare can't, by law, negotiate drug prices (likeVA) Kaiser Group Poll, If only Americans agreed! 'To reduce the cost of prescription drugs, should..? Medicare be allowed to directly negotiate with drug companies to get lower prices on prescription drugs' Agree 82%

The politicians are paid off by these drug companies and it's about time somebody spoke up !! If Obama gave a rat's ass the first step to Obamacare would've been to renegotiate (in our favor not the drug co's) the prices of drugs !!

Please, get some independent people to study, evaluate and opine on this proposal.....this administration is the least competent in certainly the past many decades, so more likely than not proposal is a complete cocked-up bit of bollicks. Hearings or something.....

About time someone is doing something about this. When big Pharma helped write Obamacare they shielded themselves from this and their huge profits.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Trump proposal would upend drug industry by overhauling rebates in MedicareThe Trump administration unveiled a proposal Thursday that could radically change the way many drugs are priced and paid for in Medicare and Medicaid. HNIC 💯 Trump 2020 Translation: 'Mo' money, Mo' Money, MO' MONEY!'
Source: CNN - 🏆 4. / 95 Read more »