Health Matters

Tag: Inflation Reduction Act

  • US Drug Prices Under Trump’s New Pharma Deals

    Americans spend more on prescription drugs than any other nation. This fact is driven not just by volume but by staggering costs. Unlike in Europe, the US government has historically refrained from directly intervening in price setting. While modest changes under then-President Joe Biden offered some relief for seniors, his successor, Donald Trump, has vowed to aggressively slash US drug…

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  • Trump Drug Price Executive Order Targets Medicare Negotiations

    President Donald Trump is targeting prescription drug costs. He signed a wide-ranging Trump drug price executive order. This order directs the Department of Health and Human Services (HHS). HHS will pursue changes to Medicare’s drug price negotiations. This move signals a potential shift favoured by drugmakers. The pharmaceutical industry has lobbied against negotiation timelines. Currently, complex biologics are negotiated after…

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