Trump officials making changes to signature drug pricing proposal, Azar says

The Hill

13 November 2019 - Secretary of Health and Human Services Alex Azar on Wednesday said that the administration is changing one of its main proposals to lower drug prices because President Trump wants to go further.

The Trump administration last year proposed lowering certain Medicare drug prices by tying the prices to lower prices paid in other developed countries, an idea known as the International Pricing Index.

Under the original proposal, prices would still have been lower than they are now, but would still be a certain percentage higher than they are in other countries. Trump was not satisfied with that idea, Azar said Wednesday, and wanted the proposal changed so that prices in the United States are even lower than they are in other countries. 

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Michael Wonder

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Michael Wonder

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Medicine , US , Regulation , Pricing