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Trump’s ‘favored nations’ drug discount gets buy-in from all 50 states — and will save billions for Medicaid

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New York Post Fews App News Provider
Fews App Post Time Hace 12h

WASHINGTON — President Trump announced Friday that all 50 states along with Puerto Rico and DC have opted into his “most favored nations’’ drug-price initiative to lower prescription costs for Medicaid recipients. The president strong-armed 26 major pharmaceutical companies into enacting the special drug pricing for federal agencies to match the rates paid in eight other high-income nations, including Canada, Germany, Japan and the UK. “They all succumbed to the dollar,” Trump said of the US states and others who have now joined what he called his “GENEROUS” initiative, passing along the cost saving to state-administered Medicaid programs covering roughly 70 million Americans.

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