Trump's Latest Drug Pricing Executive Order Draws Doubts

By Kevin Stawicki (September 14, 2020, 7:13 PM EDT) -- The executive order President Donald Trump announced Sunday that aims to sharply cut drug prices by capping prices of Medicare Part B and Part D drugs is unlikely to have any practical impact on consumers' wallets and underscores the limits of executive action, experts say.

Trump's order directs the U.S. Department of Health and Human Services to ensure that patients receiving drugs under Medicare Part B and Part D aren't paying more than non-U.S. purchasers in an economically comparable country within the Organization for Economic Cooperation and Development. Medicare Part B is insurance that pays for doctors' services while Part D...

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