institutional access

You are connecting from
Lake Geneva Public Library,
please login or register to take advantage of your institution's Ground News Plan.

Published loading...Updated

US health authorities to set targets for lowering drug prices

  • On May 12, 2025, the U.S. Administration issued an executive order targeting lower drug prices by setting federal price targets and encouraging voluntary manufacturer compliance.
  • This effort follows longstanding concerns that the U.S. Pays higher drug prices than other countries due to lack of government price negotiation and complex supply chain intermediaries.
  • The policy proposes a 'most favored nation' approach linking U.S. Drug prices to lower foreign prices while planning investigations to pressure European nations to pay more for medications.
  • Officials noted U.S. Drug prices often exceed foreign prices by three to five times, citing examples where identical medications cost $1,000 in the U.S. And $88 abroad, affecting nearly one-third of patients who skip medications due to cost.
  • The order lacks enforcement mechanisms and relies on voluntary compliance, suggesting that drug price reductions are uncertain and the broader challenges involving middlemen and industry lobbying remain unresolved.
Insights by Ground AI
Does this summary seem wrong?

17 Articles

All
Left
4
Center
6
Right
3
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 46% of the sources are Center
46% Center
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

hitconsultant.net broke the news in on Tuesday, May 20, 2025.
Sources are mostly out of (0)