Hill January 21, 2025
Joseph Choi

Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for Medicare and Medicaid beneficiaries.

Trump rescinded former President Biden’s Executive Order 14087, “Lowering Prescription Drug Costs for Americans.” He included this directive among those he deemed to be “unpopular, inflationary, illegal, and radical practices.”

Biden’s executive order asked the Health and Human Services (HHS) secretary to look into “new health care payment and delivery models that would lower drug costs and promote access to innovative drug therapies for beneficiaries enrolled in the Medicare and Medicaid programs.”

The secretary could include models “that may lead to lower cost-sharing for commonly...

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