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Most Favored Nation

All articles tagged with #most favored nation

TrumpRx.gov Unveils Nationwide Slashing of Prescription Drug Prices
politics19 days ago

TrumpRx.gov Unveils Nationwide Slashing of Prescription Drug Prices

President Trump launched TrumpRx.gov, a government platform using Most-Favored-Nation pricing to dramatically reduce costs on dozens of brand-name drugs, with substantial cuts for GLP-1 therapies and fertility medications and plans to add more drugs over time. The White House says the initiative could be codified and expanded through a forthcoming Great Healthcare Plan, potentially extending coverage to TrumpRx.gov purchases and lowering insurance costs for Americans.

Trump's Drug Price Strategies and Industry Responses
healthcare6 months ago

Trump's Drug Price Strategies and Industry Responses

President Trump claims to have reduced drug prices by up to 1,500%, but experts say such reductions are mathematically impossible. His efforts focus on aligning US drug prices with those in peer countries through voluntary agreements and potential government enforcement, alongside other initiatives like tariffs and reforming drug supply chain policies. However, significant policy changes require time and cooperation from multiple stakeholders in the healthcare system.