Biden to sign order to explore ways to lower prescription drug costs

President Biden will sign an executive order on Friday to explore additional ways his administration can lower prescription drug costs.

The order directs the Department of Health and Human Services (HHS) to examine how it can use its Innovation Center to lower drug costs, the White House said in a press release. The Innovation Center, which was created under the Affordable Care Act, develops and tests new payment and delivery models for Medicare and Medicaid.

After a...