AXIOS October 14, 2022
Oriana Gonzalez

President Biden on Friday will sign an executive order directing administration officials to consider further actions to lower prescription drug costs, the White House announced.

Why it matters: With less than a month before the midterms, Biden is focusing on health care costs to help position Democratic candidates.

The big picture: Biden’s order would compliment the Inflation Reduction Act and specifically, the provision allowing the federal government to negotiate some prescription drug prices.

  • However, polls show that while the public is familiar with the law, they are unaware of its key health provisions.
  • Still, many of...

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Topics: Biotechnology, Congress / White House, Govt Agencies, HHS, Insurance, Medicare, Pharma, Pharma / Biotech
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