Trump to Tackle Rx Prices
President Trump recently had a meeting with pharmaceutical executives and medical industry lobbyists. The purpose of the meeting was to start to try to bring drug prices down. The president has said that drug companies are “getting away with murder” with their high prices. Trump plans to overhaul the FDA and streamline the processes within Medicare and Medicaid to bring prices down. Trump also wants drug companies to be in competition with each other, in order to bring prices down; currently, Medicare negotiation with drug makers is banned.
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