Trump International Drug Price Plan Would Hurt Bill in Congress

A pending Trump administration proposal that would tie Medicare reimbursements to foreign countries’ drug prices could hurt a separate bipartisan effort in the Senate to lower drug prices because of an obscure budget rule.

The administration’s proposed rule, which has yet to be published, is expected to match payments for drugs administered in a doctor’s office more closely with what other countries pay.

Senators are weighing a separate measure on drug pricing by Iowa Republican Chuck Grassley and Oregon Democrat Ron Wyden that would cap the amount Medicare beneficiaries must pay out of pocket for their drugs.

The administration proposal, ...