President Donald Trump on Thursday announced two proposals reshaping how the government pays for drugs under Medicare Part B, including allowing Medicare to determine a drug’s price based on its cost in other countries, and altering the way physicians are reimbursed for prescribing treatments.
“With the action I am unveiling today, the United States will finally begin to confront one of the most unfair practices — almost unimaginable that it hasn’t been taken care of long before this — that drives up the cost of medicine in the United States,” (Read more...)
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