Trump to announce all 50 states joining Medicaid drug pricing model
President Donald Trump is set to announce Friday that all 50 states will join in on a program set to provide most favored nation pricing to some drugs within the Medicaid program, bringing the net price of selected drugs down to prices paid in certain other countries.
TL;DR
- President Donald Trump is set to announce a new program on Friday.
- All 50 states will participate in this program.
- The program will provide most favored nation pricing for some Medicaid drugs.
- This initiative aims to lower drug prices to levels paid in other countries.