As part of his plan to reduce drug prices, President Donald Trump last week announced his administration would issue an executive order that he said would cap the U.S.’s payments for drugs, STAT reports.
“Why should other nations — like Canada — but why should other nations pay much less than us?” Trump asked. “We’re working on a favored nations law where we pay whatever the lowest nation’s price is.”
The administration has also proposed an international pricing index as a way to cut drug prices, though it’s unclear how the two proposals will interact.
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