2020-09-27@06:33:50 GMT
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News about Drug Prices:

    WASHINGTON (AP) — If you’re on Medicare, don’t run to the mailbox looking for a $200 prescription drug card courtesy of President Donald Trump. Government officials said Friday that key details of Trump’s election-year giveaway still have to be fleshed out, including the exact timing and how Medicare’s cost would be covered — a...
    By RICARDO ALONSO-ZALDIVAR, Associated Press WASHINGTON (AP) — If you’re on Medicare, don’t run to the mailbox looking for a $200 prescription drug card courtesy of President Donald Trump. Government officials said Friday that key details of Trump's election-year giveaway still have to be fleshed out, including the exact timing and how Medicare's cost would...
    WASHINGTON – If you’re on Medicare, don’t run to the mailbox looking for a $200 prescription drug card courtesy of President Donald Trump. Government officials said Friday that key details of Trump's election-year giveaway still have to be fleshed out, including the exact timing and how Medicare's cost would be covered — a sum...
    (CNN)In his latest bid to show that he's lowering drug prices, President Donald Trump said Thursday -- less than six weeks before the election -- that he will send $200 drug discount cards to 33 million Americans on Medicare.The unprecedented move, however, has raised many questions, including how the roughly $6.6 billion in benefits will...
    But he supported Trump in 2016 when he ran on lowering prescription drug prices. Democratic Georgia Senate candidate Jon Ossoff on Tuesday called for allowing Medicare to negotiate for lower drug prices — but his Republican opponent's campaign attacked the idea as "radical" and "dangerous"...
    This article is reprinted by permission from NextAvenue.org. What’s in store for older Americans from the 2020 presidential election? For answers, the American Society on Aging (ASA) just hosted its Panel of Pundits — an annual event that’s been running for almost 20 years. I moderated. Normally, the panel is held at ASA’s annual Aging in America...
    Samuel Corum/Getty Images There’s new reporting Friday on how a potentially major deal on lowering drug prices for Americans fell through — over apparent “Trump cards” pushed for by the administration. The New York Times reports that the major drug companies would spend billions “to address out-of-pocket consumer costs and would even pick up the...
    In late 2019, Sen. Thom Tillis of North Carolina co-sponsored a bill on prescription drug prices — and WBTV, the CBS affiliate in Charlotte, North Carolina, is reporting that Tillis received more than $20,000 in campaign contributions from pharma-associated political action committees “within two weeks.” The bill that Tillis co-sponsored was the Lower Costs, More...
    Jon Queally September 17, 2020 6:07AM (UTC) This article originally appeared at Common Dreams. It is licensed under a Creative Commons Attribution-Share Alike 3.0 License. Feel free to republish and share widely. Advocates for lowering drug prices in the United States are raising alarm over an executive order issued by President Donald Trump on Sunday...
    The following article is sponsored by StopSocializedMedicine.org and authored by Andrew F. Quinlan, co-founder and president of the Center for Freedom and Prosperity. After months of teasing it, President Trump announced on Sunday the signing of an Executive Order (EO) aimed at lowering certain prescription drug prices. At a Nevada campaign rally the President said,...
    VIDEO2:5002:50Trump advisor Jared Kushner defends the president's plan to cut drug pricesSquawk Box President Donald Trump's son-in-law and senior advisor Jared Kushner said Tuesday that he supports the president's plan to cut drug prices and argued that the U.S. shouldn't pay more than other European countries for the same treatments. Kushner's comments to CNBC came two...
    AstraZeneca, one of several pharmaceutical companies working through the U.S. government’s Operation Warp Speed program to fast track a coronavirus vaccine, has been raising prices despite receiving $1.2 billion from American taxpayers, reports The Los Angeles Times. The price of some AstraZeneca drugs has increased by up to 6 percent, according to an investigation by the...
    Advocates for lowering drug prices in the United States are raising alarm over an executive order issued by President Donald Trump on Sunday that the White House purports would challenge the nation’s pharmaceutical industry but which critics say is just an election year ploy to make it look like the president is finally following through on a...
    Reuters September 14, 2020 0 Comments President Donald Trump signed a new executive order on Sunday aimed at lowering drug prices in the United States by linking them to those of other nations and expanding the scope of a July action. “My Most Favored Nation order will ensure that our Country gets the same...
    WASHINGTON - President Donald Trump signed a new executive order Sunday aimed at lowering drug prices in the United States by linking them to those of other nations and expanding the scope of a July action. "My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives...
    (CNN)More than seven weeks after President Donald Trump signed four executive orders aimed at lowering drug prices, the White House finally released Sunday perhaps the most controversial one.It calls for Medicare to test paying the same price for certain expensive prescription drugs that other developed countries do, a "most-favored-nation price." Other nations typically pay far...
    President TrumpDonald John TrumpTrump slams Nevada governor at rally, takes aim at mail-in voting Former NFL coach Mike Holmgren slams Trump pandemic response, throws support to Biden Watch Live: Trump rallies supporters in Nevada MORE on Sunday signed a long-awaited executive order to lower prices for certain Medicare drugs by linking them to those paid...
    President Trump signed an executive order Sunday to lower the cost of prescription drugs, he revealed on Twitter. Trump announced that the aim of the order is to reduce prices to give America “the same low price Big Pharma gives to other countries.” “Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation...
    WASHINGTON (Reuters) - U.S. President Donald Trump said on Sunday he had signed a new executive order aimed at lowering drug prices in the United States by linking them to those of other nations. "My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives to other countries....
    President Donald Trump signed an executive order Sunday aimed at lowering drug prices in the United States by linking them to those of other nations. Trump tweeted Sunday: "Just signed a new Executive Order to LOWER DRUG PRICES! My Most Favored Nation order will ensure that our Country gets the same low price Big Pharma gives...
    The steps the administration has taken have been less ambitious than those in a bill the House passed last year. Donald Trump exaggerated his administration's efforts to lower prescription drug prices this week. A look at one of his claims in the 2020 campaign Wednesday...
    By Caroline Humer (Reuters) - As evidence grew this spring that the drug remdesivir was helping COVID-19 patients, some Wall Street investors bet on analysts’ estimates that its maker, Gilead Sciences Inc, could charge up to $10,000 for the treatment. Then a small but increasingly influential drug-pricing research organization, the Institute for Clinical and Economic...
    By HOPE YEN and TOM KRISHER, Associated Press DETROIT (AP) — President Donald Trump exaggerated his administration’s efforts to lower prescription drug prices and Democratic rival Joe Biden claimed too much credit for reviving the U.S. auto industry in their latest series of misstatements in the 2020 campaign. A look at some of their statements...
    DETROIT (AP) — President Donald Trump exaggerated his administration’s efforts to lower prescription drug prices and Democratic rival Joe Biden claimed too much credit for reviving the U.S. auto industry in their latest series of misstatements in the 2020 campaign. A look at some of their statements Wednesday: BIDEN: “President Obama and I rescued the...
    Victoria Knight September 8, 2020 9:00AM (UTC) This article originally appeared on Kaiser Health News. President Donald Trump has long considered lowering the high cost of prescription drugs to be one of his signature issues, and it is likely to be a talking point he relies on throughout the upcoming campaign. During his afternoon...
    The following article is sponsored by Americans for Limited Government and authored by Richard Manning. Politicians have been promising to bring down drug prices for decades. President Trump is the first to actually follow through. Now the president’s executive order cracking down on pharmaceutical drug middlemen, known as Pharmacy Benefit Managers (PBMs), will continue the fight to...
    The following article is sponsored by StopSocializedMedicine.org and authored by George Landrith, president of Frontiers of Freedom.    President Trump has done a lot in his first term to strengthen the U.S. Economy, make America more competitive, and bring good paying jobs back to America. As a result, before the Chinese COVID pandemic and the almost complete economic shutdown...
    SACRAMENTO —  California is poised to become the first state to develop its own line of generic drugs, targeting soaring drug prices and stepping into a fiercely competitive drug market dominated by deep-pocketed pharmaceutical companies. The Democratic-controlled Legislature overwhelmingly approved a measure Monday that would direct the state’s top health agency to partner with one...
    A deadline set by President TrumpDonald John TrumpThe Memo: Fear overshadows hope at GOP convention's first night Former Trump administration officials launch anti-Trump group Trump, GOP seek to rebut Democratic narrative on night one MORE for moving forward with an executive order to lower drug prices passed at midnight on Tuesday without any action so...
    Washiington (CNN)With no chance of fulfilling his pledge to repeal and replace Obamacare before Election Day, President Donald Trump is playing up his efforts to lower drug prices."With what I am doing in the fight with the Drug Companies, drug prices will be coming down 50, 60, and even 70 per cent. The Democrats are...
    The following article is sponsored by Americans for Limited Government and authored by Richard Manning. One thing about President Trump is, his instincts are almost always right. Take, for example, his recent executive orders to bring down pharmaceutical drug prices — the man wants a good deal for his people. As he put it: “No...
    The following article is sponsored by Americans for Limited Government and authored by Richard Manning. $2.6 billion!  That’s how much Tuft’s University research says it costs to bring a new drug from the research lab to the pharmacy counter. As President Trump wrestles with trying to rein in the high cost of medicine in the...
    Bobby Labonte joins lineup of Tony Stewart/Ray Evernham SRX series We Did Some Digging & Found the 14 Best Jackets at the Nordstrom Anniversary Sale The Covid-19 pandemic could be the last straw for high drug costs America’s long-running debate over prescription drug prices feels more urgent than ever during the Covid-19 pandemic. ©...
    President Donald Trump’s administration has reached a $1 billion deal with the pharmaceutical company Johnson & Johnson to mass produce a potential coronavirus vaccine, the administration announced Wednesday. J&J is one of several companies the U.S. government is working with to research potential coronavirus vaccines, and the deal would cover the production of 100 million...
    Pharmaceutical executives have publicly spoken out against President Trump’s executive orders aimed at reducing drug prices, but several CEOs in the industry have told shareholders that they are “not expecting any impact” from the president’s largely symbolic moves. Trump has touted the orders repeatedly even though experts say his proposals cannot be implemented through executive orders alone. Trump’s insistence...
    President Trump on Tuesday slammed "false" ads from the pharmaceutical industry following his executive order to lower prescription drug prices last month, saying he is "the first" president to "take them on." “Big Pharma is taking ads against me because I am MASSIVELY lowering your drug prices, which is obviously not good for them,” Trump tweeted Tuesday....
    President Donald Trump on Monday asserted at the White House that he would continue pursuing lower prescription drug costs, despite complaints from the pharmaceutical industry. “Big pharma doesn’t mean anything to me other than we want them to do a great job,” Trump said during a press conference. “We want them to get their vaccines.”...
    President Donald Trump said he plans to sign a “very inclusive” health-care plan “very soon” -- perhaps as soon as Sunday -- that will result in Americans paying significantly less for pharmaceutical drugs. “I want what’s right for the people,” he said at a press briefing in Florida on Friday. “We’re going to bring our...
    Americans are struggling to afford their prescription medicine. We hear this in nearly every conversation with our constituents. Sticker shock at the pharmacy counter forces seniors, in particular, to either skip a meal or skimp on a dose of medicine prescribed by their health care provider. Fixing flaws in our nation’s drug pricing system is a...
    WASHINGTON (Reuters) - President Donald Trump on Tuesday slammed the pharmaceutical industry for what he claimed were false advertisements alleging his drug price plan would raise the cost of prescriptions for U.S. senior citizens. "Big Pharma is taking television ads trying to make the case that I am raising prescription drug prices on seniors. The...
    Top pharmaceutical executives snubbed President Donald Trump and refused to attend a meeting at the White House on Tuesday to discuss prices for prescription drugs. The sit-down was to discuss an executive order Trump signed last week on drug prices - an order that has yet to be released - but would require Big Pharma...
    Drug industry lobbyists refused to attend a scheduled White House meeting with President Trump Tuesday to discuss his new rule limiting drug prices, forcing the White House to cancel the session. Drug companies have criticized the move to tie certain drug costs to overseas pricing, which is known as the "most favored nations" rule. Some...
    President Donald Trump signed four executive orders on Friday designed to significantly lower prescription drug prices for Americans, including insulin and epinephrine. The directives to the secretary of Health and Human Services (HHS) will “[e]nd a shadowy system of kickbacks by middlemen that lurks behind the high out-of-pocket costs many Americans face at the pharmacy counter,” the department...
    By Carl O'Donnell (Reuters) - U.S. President Donald Trump on Friday signed four executive orders designed to reduce drug costs for consumers, in a bid to highlight his commitment to cutting prescription prices ahead of the November presidential election. The orders, which range from relaxing drug importation rules to cutting Medicare payments to drugmakers, are...
    U.S. President Donald Trump signs executive orders on prescription drug prices in the South Court Auditorium at the White House on July 24, 2020 in Washington, DC. President Trump signed a series of four executive orders aimed at lowering prices that for prescription drugs in the United States. (Photo by Drew Angerer/Getty Images) Prescription...
    Unable to land the big deal with Congress to curb drug costs, President Donald Trump on Friday moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some election-year appeal. At a White House ceremony, Trump signed four executive orders. One was about importation. The others would...
    President Trump took a victory lap after signing four executive orders aimed at reducing the cost of prescription drugs. “Yesterday I signed four measures that will massively reduce the prices of prescription drugs, in many cases by more than 50%. Nothing like this has ever been done before because Big Pharma, with its vast...
    By RICARDO ALONSO-ZALDIVAR, Associated Press WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump has moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some election-year appeal. At a White House ceremony Friday, Trump signed four executive...
    WASHINGTON (AP) — Unable to land the big deal with Congress to curb drug costs, President Donald Trump has moved on his own to allow imports of cheaper medicines, along with other limited steps that could have some election-year appeal. At a White House ceremony Friday, Trump signed four executive orders. One was about...