Bipartisan Backlash Targets Pharmacy Benefit Managers
#PBMs #DrugPricesRepublicans and Democrats, including a Tennessee couple, unite against pharmacy benefit managers, accusing them of driving up drug costs. States push ownership bans targeting CVS, despite legal challenges and industry denials. read more
Trump Medicaid Drug Pricing Deal Stalls One Year Later
#Medicaid #DrugPricesTrump promised lower Medicaid drug prices through voluntary pharma deals announced last year. A year later, the Generous pilot faces delays, secrecy, and limited drug participation. States weigh budget risks before September 30 deadlines. read more
Trump ends Medicare drug subsidies, premiums may rise
#MedicarePartD #DrugPricesTrump administration ends Medicare Part D subsidies early, potentially raising premiums for millions in 2027. Average premiums could increase nearly 50%, impacting traditional Medicare enrollees most. Critics warn this may push seniors toward Medicare Advantage plans with tradeoffs. read more
Drug prices surge 30% as Iran war disrupts supply
#DrugPrices #IranConflictPharmacists warn drug prices in England have risen 20-30% due to the Iran war, as oil price surges increase manufacturing and transport costs for painkillers and hay fever medications. read more
Drug Prices Soar Despite Trump Deals
#DrugPrices #HealthcareCostsA Senate report finds drugmakers raised prices on 337 drugs despite Trump administration deals. One in five adults skips doses to save money. The White House disputes the report, citing different pricing data. read more
Trump Slaps 100% Tariffs on Foreign Drugs
#TrumpTariffs #DrugPricesPresident Trump imposes 100% tariffs on imported prescription drugs from companies that haven't agreed to lower prices. The move, announced on the anniversary of his 'Liberation Day' tariffs, aims to pressure firms into pricing deals and domestic production. read more
TrumpRx Portal Sparks Infomercial and Fraud Claims
#TrumpRx #DrugPricesTrumpRx, a new government-backed drug portal, launched with Trump and Dr. Oz promoting discounted GLP-1 weight-loss medications. Critics call it a rebranded coupon site with limited, temporary savings, while some experts see potential for price competition. read more
TrumpRx Launches With Deep Drug Discounts
#TrumpRx #DrugPricesPresident Trump launched TrumpRx, a government-run online portal selling discounted prescription drugs directly to consumers. It features major price cuts, like Ozempic dropping from $1,000 to $199, using a "most favored nation" pricing model. read more