Trump plan to curb drug costs dealt setback in court
4 years ago

Trump plan to curb drug costs dealt setback in court

Associated Press  

WASHINGTON — A late-term maneuver by President Donald Trump to use lower drug prices paid overseas to limit some of Medicare’s own costs suffered a legal setback Wednesday that appears likely to keep the policy from taking effect before the president leaves office. U.S. District Judge Catherine C. Blake in Baltimore issued a nationwide injunction that prevents the Centers for Medicare and Medicaid Services, or CMS, from carrying out the so-called “most favored nations” rule as scheduled on Jan. 1. The Trump regulation would tie what Medicare pays for certain drugs administered in a doctor’s office to the lowest price paid among a group of economically advanced countries. Trump came into office accusing drug companies of “getting away with murder” and promising to slash costs for American patients.

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