The Trump Plan To Reduce Prescription Drug Prices Will Have A Major Impact

The Trump Plan To Reduce Prescription Drug Prices Will Have A Major Impact

Avik Roy, Forbes Staff May 14, 2008

On Friday, in the White House Rose Garden, President Trump announced a comprehensive new effort to lower drug prices. The hot take is that the new plan will achieve little, because it doesn’t ask Medicare to directly negotiate drug prices. But the hot take is badly misinformed. The Trump plan, if enacted, represents a sea change in pharmaceutical pricing policy, one that will have a significant effect on drug prices in the future. Read More