Republican opposition to Trump drug plan mounts

Republicans are increasingly speaking out against a proposal from President Donald Trump to lower drug prices by benchmarking them against international prices, The Hill reports.

Opponents include a coalition of conservative groups — as well as Republicans in both the House and Senate, including incoming Senate Finance Committee Chairman Chuck Grassley, R-Iowa — who say the proposal amounts to price-fixing. In an unusual turn, Democrats appear to be more aligned with the proposal, The Hill notes.

HHS told The Hill it plans to move ahead with the proposal. Read more here

 

More articles on leadership and management:

Trump administration issues plan to promote healthcare competition: 7 notes
Cancer Treatment Centers of America lays off 50 in Atlanta
3 quick takeaways from the Senate’s final hearing on health costs

Copyright © 2024 Becker's Healthcare. All Rights Reserved. Privacy Policy. Cookie Policy. Linking and Reprinting Policy.

 

Featured Whitepapers

Featured Webinars