Trump Announces All 50 States Join Medicaid Drug Pricing Model
President Trump unveils a plan to lower prescription drug costs for Medicaid patients across all 50 states, aiming to save billions through international pri...
POLICY WIRE — Washington, United States — President Donald Trump is set to announce that all 50 states will join a new program aimed at reducing prescription drug costs within the Medicaid program. The initiative, known as the Medicaid “GENEROUS” model, seeks to bring the price of selected drugs down to levels seen in other countries.
The Trump administration claims the plan could save billions on prescription drug costs, but experts say the exact savings are unclear due to limited transparency around the deals with pharmaceutical companies. The announcement comes as cost-of-living concerns dominate voter discussions ahead of the midterm elections.
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Last year, Trump signed an executive order implementing a “Most Favored Nations” policy, which requires the U.S. to pay the same price for medications as the country that offers the lowest price globally. The White House estimates that these deals could save $529 billion over the next decade, though few details have been made public.
Reporting by Policy-Wire (PW)
