Trump administration aims at lowering drug prices

Trump administration aims at lowering drug prices

The second rule is aimed at aligning the prices paid in the United States to those paid in foreign countries

US President Donald Trump speaks on lowering prescription drug prices. Credit: AFP Photo

US President Donald Trump on Friday said it was issuing two new rules that are aimed at lowering drug prices for the Medicare program, including one aimed at making sure pharmacy benefit managers pass after-market rebates onto seniors.

The second rule is aimed at aligning the prices paid in the United States to those paid in foreign countries, he said.