Bloomberg Law
Sept. 15, 2020, 7:02 PM UTC

Trump Order Tying Drug Costs to Other Countries Thin on Metrics

Jacquie Lee
Jacquie Lee
Reporter

Tying Medicare drug reimbursements to prices charged in other countries is supposed to improve patients’ health, according to the Trump administration, but it hasn’t defined what success would look like.

President Donald Trump’s most recent executive order is the latest effort to bring down the cost of medications and save Medicare money. The order unexpectedly included drugs that Medicare beneficiaries buy at the pharmacy counter, known as Part D drugs. When Trump first announced these sweeping policy changes two years ago, the international pricing policy only applied to costly drugs that must be administered in doctors’ offices, known as Part ...

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