President Donald Trump is seeking to combat soaring prescription drug prices in a new executive order he signed Tuesday. The order instructs Robert F. Kennedy Jr.'s Department of Health and Human ...

How much drug prices change from Trump's executive order remains unclear, though the president said in a social media post May 12 that they'd be cut by "59%, PLUS!" ...

A new executive order signed Tuesday by President Trump directs Congress to change a key provision of the law allowing Medicare drug price negotiations, a move that would fix one of the drug ...

That 2020 order resulted in a rule that was limited to Medicare Part B, but the executive order signed this morning is broader, according to a White House Official.

Trump's latest executive order aims to reduce prescription drug costs through a series of measures, including changes to the Medicare price talks. Read more here.

Medicare Part B drug spending topped $33 billion in 2021. Fri, 13 Jun 2025 17:23:09 GMT (1749835389691) Story Infinite Scroll - News3 v1.0.0 (common) ...

The executive order aims to reform the Medicare Drug Price Negotiation Program, enhance transparency, and prioritize high-cost drugs while maintaining pharmaceutical innovation incentives.

Trump's order also seeks to align Medicare payments for drugs with those of hospitals, which can be 35% lower, and calls for standardizing patient payment rates across locations so that people are ...

The executive order outlines a plan to expand Medicare drug price negotiation. Created under the Inflation Reduction Act, a 2022 law that combined health care reform with energy initiatives, the ...

The Medicare Rights Center reports that President Trump’s executive order on prescription drug pricing supports key drug industry efforts to weaken the Inflation Reduction Act’s (IRA) Medicare ...

President Trump vowed to bring “FAIRNESS TO AMERICA!” by deeply slashing prescription drug prices through an executive order he plans to sign Monday morning. Trump promised to implement what ...

Additionally, Trump’s executive order envisions an improvement to the Medicare price negotiation program’s 22% savings it achieved in the first year and attempts to standardize Medicare ...