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Trump to reportedly unveil Medicare drug pricing plan after teasing ‘earth

Trump’s upcoming announcement is to revive his plan to lower Medicare drug costs, CBS reports, a policy blocked during his first term and scrapped by Biden administrationThe major “earth-shattering” announcement Donald Trump teased earlier this week in the Oval Office is a “most favored nation” plan to cut Medicare drug prices, sources have told CBS News.In his first administration, Trump signed an executive order to implement a “most favored nation” clause that would have required Medicare to pay drug companies the lowest price paid in similar countries for some expensive, physician-administered drugs. The Biden administration rescinded the proposal under pressure from hospitals and drug companies.We’re going to have a very, very big announcement to make – like as big as it gets. It will be one of the most important announcements that have been made in many years about a certain subject. Continue reading...


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