drug pricing

Here's where Harris and Trump stand on three big health care issues

6:00am October 28, 2024

The next president will face decisions on drug price negotiations, enhanced subsidies for Affordable Care Act plans and medication abortion among other issues. Here's where the candidates stand.

President Joe Biden spoke about his administration's plans to protect Medicare and lower health care costs, Thursday, the same day his administration released draft guidance of Medicare's new plan to regulate drug prices.

Health & Safety

Medicare announces plan to recoup billions from drug companies

6:49pm February 09, 2023

Drugmakers will be required to pay Medicare back for price increases that outpace inflation. The industry is expected to put up a fight over implementation.

The Trump administration has suggested buying a prescription drug is like buying a car — with plenty of room to negotiate down from the sticker price. But drug pricing analysts say the analogy doesn't work.

Car Shopping, Handbags And Wealthy Uncles: The Quest To Explain High Drug Prices

4:48pm July 17, 2019

by Selena Simmons-Duffin

Trump administration officials say drugs' list prices are like cars' sticker prices — easily negotiated. But in the life and death world of medicine, say price watchers, that analogy falls apart.

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Secretary of Health and Human Services Alex Azar announced his agency is dropping a proposal intended to lower drug prices.

As Its Drug Pricing Plans Fall Through, Trump Administration Turns To Congress To Act

4:35pm July 11, 2019

by Selena Simmons-Duffin

It was a tough week for the agency in charge of implementing Trump's ambitious plans to reduce drug costs. The administration rolled back one plan and had another shot down in court.

Physicians complain that there's not yet a standard drug-pricing tool available to them that includes the range of medicine prices each of their patients might face — one that takes into account their particular pharmacy choice and health insurance plan

Health & Safety

Doctors Slow To Adopt Tech Tools That Might Save Patients Money On Drugs

10:14am July 05, 2019

by Phil Galewitz

A pricing tool embedded in many prescribing and medical records systems lets doctors see how much each patient is likely to pay out of pocket for medicine. But the tools could be better, doctors say.

Sen. Patty Murray, D-Wash., the ranking member, and Sen. Lamar Alexander, R-Tenn., chairman of the Senate health committee, introduced legislation to address health care issues such as surprise medical bills and high drug costs.

Sens. Alexander, Murray Release Health Legislation Targeting High Bills, Drug Costs

3:34pm May 23, 2019

by Rachel Bluth

The bipartisan legislation proposes plans to deal with surprise medical bills, prescription drug patents, price transparency and vaccine education.

President Donald Trump listened in January as Stephen Ubl, President and CEO of Pharmaceutical Research and Manufacturers of America, second from left, introduced himself during a meeting at the White House. The sky-high prices of some drugs are a big iss

Should TV Drug Ads Be Forced To Include A Price? Trump's Team Says Yes

9:47pm October 15, 2018

With high drug prices a hot election issue, drugmakers and the Trump administration are jockeying over how to bring prices down. But critics say the proposed fixes don't have enforcement teeth.

In a speech Friday, President Trump announced a plan that lists dozens of "potential" steps his team may take to lower drug prices, along with many others that were included in his budget proposal and will require congressional action.

Trump Drug Pricing 'Blueprint' Could Take Years To Build

12:17am May 12, 2018

by Alison Kodjak

The 39-page drug price plan includes an array of ideas that the administration will consider, but it's unclear which ones will be implemented.

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Rep. Elijah Cummings, D-Md., listens as Rep. Peter Welch, D-Vt., speaks to members of the media Wednesday outside the West Wing of the White House in Washington following their meeting with President Trump.

Trump, Democrats Look For Common Ground On Drug Prices

10:32pm March 08, 2017

by Sarah Jane Tribble

Two congressmen met with President Trump seeking support for a bill to expand the government's ability to negotiate drug prices. But it's not clear it would have much impact or will gain support.

Martin Shkreli, former CEO of Turing Pharmaceuticals, smiles beside Nancy Retzlaff, Turing's chief commercial officer, during a House Oversight and Government Reform Committee hearing on Capitol Hill on Thursday.

No Comment From Grinning Martin Shkreli At House Hearing On Drug Prices

5:56pm February 04, 2016

by Camila Domonoske

The much-reviled former pharmaceutical executive remained tight-lipped, pleading the Fifth Amendment on his lawyer's advice. He simply smiled in response to harsh criticism from House representatives.