The plan would have detoured drug rebates from insurers and PBMs to Medicare beneficiaries at the pharmacy counter, but after the Congressional Budget Office predicted it would increase Medicare spending by around $177 billion over a decade and could lead to higher premiums, the administration scrapped the plan.
Americans learned of...
"Everyone involved in the broken system - the drugmakers, insurance companies, distributors, pharmacy benefit managers and many others - contribute to the problem" said Trump in the Rose Garden.
The administration released a 44-page blueprint of the plan, entitled American Patients First.
Trump’s “blueprint to lower drug...