News Headlines Article

Trump Administration Wants To Cut Drug Prices By Eliminating Middlemen’s Rebates
National Public Radio

The Trump administration is proposing major changes in how prescription drugs are priced and paid for by Medicare.

The effort is designed to cut costs for senior citizens at the pharmacy counter and by its example could spur changes in the broader market for prescription drugs.

The draft rule from the Department of Health and Human Services would encourage drug companies to offer discounts directly to consumers and would reduce the role of middlemen that many policymakers say drive up list prices for medicines and increase consumers’ costs.