Whileother drug pricing reform proposals have been voiced, it remains tobe seen whether any plan will materialize in time to be used as acampaign tool for the 2020 election. (Photo: Shutterstock)
A one-two punch has put the drug pricing agenda from the WhiteHouse down for the count. A judge has blocked one rule that would have forced drugcompanies to disclose prices in TV ads, and a proposal that wouldhave eliminated drug rebates was abandoned after anoutcry that it would have raised seniors' Medicare premiums andcost Medicare millions more for prescription drugs.
According to The Hill, Congress may actually have to step upand take action now that the White House agenda has fizzled.Cutting drug prices has become a bête noire for the president withaction stalled on both fronts, particularly since Alex Azar,secretary of Health and Human Services, has been pushing the rebateplan for months.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
