Trump Order Walks Back Biden-Era Effort To Lower Prescription Drug Prices. Here's Context
Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid agencies to research and implement models for lowering the costs of prescription drugs. Separate provisions in the Inflation Reduction Act of 2022 also aimed at lower prescription drug costs are still in effect.
Trump Impact on Medicare Drug Price Negotiations Uncertain
Trump has reversed some of President Biden’s initiatives, including $2 monthly out-of-pocket cap on some generics and experimental pricing models for gene therapies. But so far the healthcare elements of the Inflation Reduction Act remain unchanged.
Trump rolls back Biden directive to study methods of lowering prescription costs
Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for Medicare and Medicaid beneficiaries.
On January 15, 2025, the Internal Revenue Service (the “IRS”) and the Department of the Treasury (“Treasury”) published final regulations ...
In his first day in office, President Donald Trump initiated a 90-day review of aspects of the Inflation Reduction Act and ...
Democrats on Wednesday grilled Office of Management and Budget (OMB) nominee Russell Vought over recent executive orders made ...
Join Troutman Pepper Locke Partners Karlie Webb and Ben Cowan as they delve into the complexities of the Inflation Reduction ...
Kiplinger on MSN3h
How To Save on Green Improvements Under Inflation Reduction ActTax credits for energy-efficient home improvements are extended and expanded by the Inflation Reduction Act. Tax credits for ...
Among President Donald Trump's volley of executive orders on inauguration day were several targeting the heart of inflation: ...
Los Angeles Department of Water and Power crews work to repair a juncture of a water main that ruptured near UCLA on Sunset ...
Just to start out: the federal EV tax credit is still alive and kicking. It was not eliminated by the stroke of Donald ...
In December 2024, before the Natural Gas Tax Repeal Act was reintroduced, Sen. Britt had joined other Congressional ...
Trump’s rhetoric has largely forgone solar energy specifically. In fact, it’s an industry that grew by 128% under his first ...
An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds ...
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