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Articles tagged with "lower overseas rates"

Trump Seeks to Base Medicare Drug Prices on Lower Overseas Rates

Reuters Staff  |  October 25, 2018

WASHINGTON (Reuters)—U.S. President Donald Trump said on Thursday his administration is seeking to lower prescription drug prices by determining the price the government’s Medicare program pays for some medications based on the lower prices paid in other countries. Trump said the move takes aim at what he characterized as “global freeloading” on prescription drugs. “The…

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