Posted by Michael Wonder on 17 Jun 2018
Trump’s plan to lower drug prices tests limits of the law
16 June 2018 - President Trump has unveiled a blueprint to lower drug prices, and some of his ideas envision a larger role for the government.
In his effort to bring down prescription drug prices, President Trump is testing the limits of a law that prohibits the government from interfering in negotiations between drug manufacturers and insurance companies that provide drug coverage to more than 42 million people on Medicare.
The prohibition was adopted 15 years ago when a Republican Congress added drug benefits to Medicare, and since then Republicans have repeatedly invoked it to quash Democratic demands for the government to rein in drug costs.
