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President Trump Announces Medicare Requirements to Lower Drug Costs

One rule requires Medicare to compare U.S. drug prices with prices in other developed countries.
Posted at 9:50 AM, Nov 20, 2020
and last updated 2020-11-20 09:50:52-05

President Trump is expected to announce new rules to lower drug prices today.

One rule requires Medicare to compare U.S. drug prices with prices in other developed countries.

The other rule limits rebates paid to middlemen in Medicare.

The announcement follows executive orders the president signed in July and September.