Politics
CROSS-SPECTRUM
Trump to unveil Medicaid drug pricing plan from the White House
Donald Trump will announce a new Medicaid pricing initiative on Friday, aiming to align U.S. drug costs with those of other developed nations.
The president is scheduled to speak from the White House at 2:30 p.m. on Friday to detail a "most favored nation" approach for certain Medicaid-covered medicines. The proposal seeks to lower prescription prices by matching them to rates found in peer countries. If adopted, the plan would apply to all 50 states, potentially reshaping how Americans obtain affordable drugs.
Why it matters
Lowering Medicaid drug prices could make essential medicines more affordable for millions of Americans.
In this story
Medicaid reformdrug pricingprescription drugsUnited StatesTrump announcement
