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How will Medicare decide a fair price for drug negotiations?

Dan Gorenstein of Tradeoffs explains what factors the federal insurance program will look at and what the next steps are.
The Inflation Reduction Act signed into law last year gives Medicare new muscle to try to negotiate lower drug prices.
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Democrats reach deal aimed at cutting drug prices for seniors

Nov 3, 2021
The limited plan would, for the first time, give Medicare the power to negotiate prices directly with pharmaceutical companies.
Medicare Advantage plans are becoming more and more popular, but what exactly do they entail?  We got the details from Dr. Fred Hyde, an independent consultant in health care finance and adjunct professor at Georgetown University.
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Trump's prescription for lower drug prices hits a roadblock

Dec 24, 2020
A federal judge has issued an injunction to the Medicare rule change, saying the administration rushed it through.
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Trump turns attention to health care with executive orders he says will lower drug prices

The president is expected to meet with pharmaceutical industry executives, who are opposed to the changes, on Tuesday.
Among the orders is allowing the importation of cheaper drugs from other countries, and requiring drug rebates paid to insurers and others to get passed down to patients.
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Senate Finance Committee to consider drug costs

Jul 25, 2019
Some members of Congress feel the measure might go too far. Drug companies don't like it, either.
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Why do foreign countries pay less than the U.S. for prescription drugs?

Jul 9, 2019
The answer comes down to one key tactic: negotiation.
A pharmacy's green cross sign in Nantes, western France.
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Would requiring prices in pharmaceutical ads make drugs cheaper?

Apr 9, 2019
The idea is that transparency would lead to more competition and lower costs. One drug company is already on board.
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For public good, not for profit.

Here's why Eli Lilly will sell a generic insulin

Mar 4, 2019
Lawmakers have been critical of big pharma's pricing structures.

Congress to examine drug price hikes

Jan 29, 2019
Prescription drug prices have been rising over the past few years.
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Why some people are worried about drug patent protections in the new NAFTA

Oct 2, 2018
The trade agreement reached over the weekend between the U.S., Canada and Mexico includes longer intellectual property protection periods for the expensive class of drugs known as biologics.
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