Trump administration botched a deal to lower prescription drug prices - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The White House botched a deal to lower prescription prices because drug companies wouldn't budge on its request to pay for $100 gift cards that would've been mailed to seniors before the election

President Donald Trump's healthcare agenda includes lowering prescription drug prices and tackling surprise medical bills.

In a statement to Business Insider, a White House spokesperson said negotiations with the pharmaceutical industry "did not produce an acceptable alternative," and suggested President Donald Trump would pursue executive action on drug prices.

The matter of those $100 gift cards the Trump administration requested gave some drug company executives a reason to pause, The Times reported. "We could not agree to the administration's plan to issue one-time savings cards right before a presidential election," Priscilla VanderVeer, the vice-president of public affairs at PhRMA, the industry's largest trade group told the Times. "One-time savings cards will neither provide lasting help nor advance the fundamental reforms necessary to help seniors better afford their medicines.

The proposal to send out the gift cards comes as Trump loses support among seniors. Citizens aged 65 and older will represent

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:

 /  🏆 729. in NG
 

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

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Under Trump, the US is paying closer attention to deals involving data - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. No it's not. What data you fkng pricks?! On tiktok EVERYONE is anonymous while on FB I had to submit my passport, driver's license and had a face video call to confirm it was me so they'd unsuspend my profile (and acct w fb and ig pages) No. It’s the fear of a social media outlet that those leaders including ours can’t control, and that Russia can’t buy propaganda in. This isn’t about protecting the American people, it never has been. But that’s too complicated so let’s go with “global trend”.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Doping drugs widely available on Amazon despite ban: report - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This is some predicted stock pricing and forecasts for OpenLearning=ASX$OLL🚀 The future forecast is looking very good on all fronts👍 OpenLearning=ASX$OLL Can help save our economy with their Quality and Accredited Micro Credentials. By retraining our out of work workforce faster and way cheaper, Governments are starting to put support behind this invention of the future in learning. Motley fool article on OpenLearning=ASX$OLL🚀
Source: BusinessInsider - 🏆 729. / 51 Read more »

ByteDance: TikTok, Oracle deal is subject to Chinese approval - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. This was a given wasn’t it? Why is this surprising? They will sell with a secret unknown to the US backdoor... Just ban the app and make a better one in the US.. This proves that president Trump was right, byte dance works with Beijing, to share user information, amongst others.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Report: Oracle's proposed TikTok deal includes search for backdoors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. OHH SHII Do you guys have a proofreader! Smh. 🤦‍♀️
Source: BusinessInsider - 🏆 729. / 51 Read more »