Trump executive order touts 'most far-reaching prescription drug reforms ever'
New policies announced Friday aimed at lowering drug prices under Medicare would link prices to rates paid in other countries.
By Shira Stein, Riley Griffin and Jacquie Lee|July 27, 2020 at 10:34 AM
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(Bloomberg) –President Donald Trump announced new policies Friday aimed at lowering prescription drug prices under Medicare by linking them to rates paid in other countries and allowing Americans to buy medication imported from Canada.
The changes are included in executive orders that come as Trump seeks to repair his standing on health-care issues, particularly with senior voters. Polls have shown sentiment is souring over his handling of the coronavirus pandemic and efforts to eliminate the Affordable Care Act without having a ready replacement.
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