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Merkley introducing bill to lower prescription drug costs following Trump order
- On May 13, 2025, President Donald Trump introduced a directive intended to significantly reduce prescription drug costs across the United States.
- This order follows a previously blocked 2020 policy using a 'most-favored-nation' pricing model tying U.S. Drug prices to lower prices in developed countries.
- The order requires drugmakers to meet price targets within 30 days and allows the Health and Human Services secretary to impose pricing rules if progress is insufficient.
- Trump asserted that the executive order would lead to a rapid decrease in drug costs, estimating reductions ranging from 30% up to 80%; however, analysts anticipate numerous legal obstacles that could postpone or prevent the order’s enforcement.
- If implemented, the order could lower costs for Medicare's nearly 70 million and Medicaid's nearly 80 million recipients, but it may also face resistance from pharmaceutical companies and courts.
53 Articles
53 Articles
Steve Rattner: Here's why Americans pay more for drug prescriptions
President Trump last weekend declared he would sign “one of the most consequential Executive Orders in our Country’s history,” an order that would reduce prescription drug prices “almost immediately, by 30% to 80%.” Steve Rattner joins Morning Joe to discuss why Trump lacks the authority to change drug prices.
Why we can’t afford to lose the Prescription Drug Affordability Board
"In just one year, the PDAB identified $6 million in potential savings for our state." (Getty Images)When 1 in 4 New Hampshire residents are rationing or skipping their prescription medications due to cost, we need to strengthen our efforts to make life-saving prescriptions more affordable — not weaken them. Yet that’s exactly what some lawmakers are attempting to do by dismantling our strongest defense against skyrocketing prescription prices. …
Merkley introducing bill to lower prescription drug costs following Trump order
PORTLAND, Ore. (KOIN) – Oregon Senator Jeff Merkley is teaming up with three congressional colleagues to introduce a bill aiming to slash prescription drug prices. Merkley is joined by Sen. Peter Welch (D-VT), Sen. Bernie Sanders (I-VT) and Congresswoman Debbie Dingell (D-MI) to introduce the End Price Gouging for Medications Act, the lawmakers announced Wednesday. According to the lawmakers, the bill would lower prescription drug costs for all …
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