Trump Poised to Lower Drug Payments to Match Foreign Prices

July 23, 2020, 9:59 PM UTC

A top Trump priority, lowering prescription drug prices, could see executive action as early as Friday, including a policy to tie Medicare payments to foreign countries’ drug prices, according to five sources familiar with the move.

The White House has also informed several lawmakers about a presidential signing event Friday

The slate of policies will also include a plan for Americans to buy lower-cost prescription medication imported from Canada. Canadian drug importation and the international pricing index have both been on the White House agenda for over a year. The index will match Medicare payments for drugs administered in a ...

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