AXIOS February 7, 2024
If Donald Trump returns to the White House, the self-proclaimed master negotiator could get his shot at brokering Medicare prices for drugs.
Why it matters: Trump first ran for president bucking conservative orthodoxy by vowing to negotiate drug prices, though he later abandoned that pledge.
- But the Democrats’ drug pricing law would require the GOP frontrunner to negotiate Medicare prices for some drugs if he wins a second term, and former Trump health officials expect he would use executive power to soften the government’s approach.
Catch up quick: The Biden administration last week kicked off negotiations over the first set of 10 high-cost drugs, a milestone for Democrats who long supported leveraging the government’s purchasing power to rein...
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