WASHINGTON—Speaking at the Department of Health and Human Services (HHS) on Oct. 25, President Donald Trump vowed to take on the “global freeloading” that makes drug prices higher in the United States than other developed nations.
He announced a new rule, proposed by the Centers for Medicare and Medicaid Services (CMS), that would bring the prices Medicare pays closer to what other countries pay and save taxpayers an estimated $17.5 billion over the next five years.
