Tag: prescription drugs

Trump Signs Executive Order Targeting Lower Prescription Drug Prices

Part of daily life routine for an adult with ADHD, taking the right medication that helps them focus on daily life and achieve their goals throughout the day. These ADHD pills and other medicines are displayed with open pill bottles on top of a white counter top in the kitchen.

On May 12, U.S. President Donald Trump signed an executive order that aims to reduce the cost of prescription drugs in the United States by aligning prices with those paid in other developed countries.

U.S. Government to Require Drugmakers to Show Prices in TV Ads

Pills pour out of a prescription medication bottle that lays on its side onto a kitchen counter as a strong morning light filters in through a window. Several other pill bottles stand out of focus in the background.

The Trump administration on Wednesday said it will require drugmakers to disclose the list price of prescription drugs in direct-to-consumer television advertisements, part of the government’s efforts to lower costs for U.S. consumers. The list price would be included if it is equal to or greater than $35 for a month’s supply or the usual… Continue reading U.S. Government to Require Drugmakers to Show Prices in TV Ads

PBMs Face State Probes Over Complex Pricing System

Prescription white pills

Several states are probing pharmacy-benefit managers’ business practices in government-sponsored health programs, adding to the scrutiny the middlemen face in Washington for their role in the cost of drugs. At least three state attorneys general are investigating PBMs, in addition to other state probes looking into how the companies contract with Medicaid and other programs.… Continue reading PBMs Face State Probes Over Complex Pricing System