Trump announces all 50 states joining Medicaid drug pricing model
The White House said the model will save Medicaid more than $64 billion over 10 years and cover hundreds of brand-name drugs.
- On Friday, President Donald Trump announced the expansion of the "Most Favored Nation" drug pricing model to all 50 states, the District of Columbia, and Puerto Rico, aligning U.S. prescription costs with international rates.
- Dubbed the Medicaid "GENEROUS" model, the initiative relies on agreements with global manufacturers including Pfizer, Eli Lilly, and Novo Nordisk to secure lower prices comparable to other developed nations.
- The White House Council of Economic Advisers projects the effort could save $529 billion over 10 years, including $27.6 billion in net savings for state governments and $36.6 billion in federal savings.
- Kathy Hempstead, a senior policy advisor at the Robert Wood Johnson Foundation, warned that the lack of public deal details creates a barrier to legislative action and pressures the administration to release granular data.
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Trump Extends Most-Favored-Nation Drug Pricing Model Across State Medicaid Programs
President Donald Trump announced that Medicaid programs in all 50 states, Washington, D.C., and Puerto Rico are moving into a federal model designed to cap ... The post Trump Extends Most-Favored-Nation Drug Pricing Model Across State Medicaid Programs first appeared on [your]NEWS.
Trump promotes program to reduce Medicaid drug prices
President Donald Trump announced Friday that all 50 states said they wanted to participate in a program aimed at lowering the government’s costs for some prescription drugs covered under Medicaid, the health insurance program for lower-income Americans.
Trump Plans Nationwide Medicaid Drug Pricing Model
Trump will announce Friday that all 50 states, DC and Puerto Rico join the GENEROUS model tying some Medicaid drugs to other countries’ prices; CEA projects $27.6B in state savings over a decade. · 22 sources across the spectrum on IJR News.
All 50 states join Medicaid drug pricing model
President Donald Trump announced that all 50 states will join a program to provide Most Favored Nation pricing for some Medicaid drugs. The administration claims this plan, called the Medicaid “GENEROUS” model, will save billions on prescription drug costs. Last…
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