Trump seeks to base Medicare drug prices on lower overseas rates

October 25, 2018 News, topNews

U.S. President Donald Trump, taking aim at "global freeloading," said on Thursday his administration would seek to lower prescription drug prices by basing what the government's Medicare program pays for some medications on the lower prices paid in other countries.
Reuters

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Trump unveils ‘American patients first’ plan in bid to lower Medicare drug costs

October 25, 2018 News, politics

President Donald Trump unveiled a new "American patients first" plan that will experiment with only paying drug manufacturers for certain drugs what they charge overseas.

Trump Aims To Lower Some U.S. Drug Spending By Factoring In What Other Countries Pay

October 25, 2018 News

An administration proposal would link what Medicare pays for certain drugs administered in hospitals and doctor's offices to the prices paid in Europe and other advanced economies.
(Image credit: Chip Somodevilla/Getty Images)

Trump says he’s taking ‘revolutionary’ action to lower drug prices, allowing Medicare to negotiate directly with drug companies

October 25, 2018 News

HHS released a report Thursday highlighting steep spending by U.S. companies on prescription drugs.

Trump Proposes to Lower Drug Prices by Basing Them on Other Countries’ Costs

October 25, 2018October 25, 2018 Medicare, News, Patient Protection and Affordable Care Act (2010), Trump, Donald J, United States Politics and Government

The announcement, part of a flurry of initiatives from the White House ahead of the midterms, came after a government study found that Medicare is paying 80 percent more than other nations for drugs.

The US government is finally stepping in to help the babies of the opioid epidemic

October 25, 2018 Donald Trump, News, United States

The opioid crisis in the US has ballooned into a full-blown public health emergency. Every day, 115 Americans after overdosing on opioids.

The administration of US president Donald Trump has been slow to respond to the magnitud...

The US government is finally stepping in to help the babies of the opioid epidemic

October 25, 2018 Donald Trump, News, United States

The opioid crisis in the US has ballooned into a full-blown public health emergency. Every day, 115 Americans after overdosing on opioids.

The administration of US president Donald Trump has been slow to respond to the magnitud...

Trump wants to change how Medicare pays for certain drugs

October 25, 2018October 25, 2018 News

President Donald Trump will outline a plan Thursday to revamp how Medicare pays for certain pricey drugs -- a step that comes as Republicans seek to bolster their standing with voters on health care in the days before the midterm elections.
CNN

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The right’s obsession with Venezuelan socialism completely disregards history

October 25, 2018 Donald Trump, News, politics

The White House’s Council of Economic Advisers (CEA) on Tuesday released a sprawling, wacky report titled “The Opportunity Costs of Socialism,” a 72-page manifesto that cites Venezuela 52 times, using it as evidence of the perils of socialism.

This shouldn’t be surprising. For the past couple of years, right-wing outlets and politicians have been fixated on the Latin American country. In the last month, Breitbart has occasionally published multiple articles per day about the countr...

Big Tobacco raises record-breaking $17.5 million to defeat Medicaid expansion in Montana

October 25, 2018 health, health care, News, obamacare

A Montana ballot initiative has incurred the wrath of Big Tobacco, which has spent a record-breaking amount of money to defeat it this November. Should it succeed, 100,000 people could lose health coverage.

The tobacco industry raised nearly $17.5 million to defeat I-185, a measure that gives health care to people earning up to 138 percent of the poverty level by taxing tobacco. Montana expanded Medicaid under the Affordable Care Act (ACA) in 2016, but only until July 2019. To avoi...