President Biden will sign an executive order today directing the U.S. Health and Human Services Department (HHS) “to consider additional actions to further drive down prescription drug costs,” the White House said this morning.
“Under the Executive Order, HHS will have 90 days to submit a formal report outlining any plans” to use alternative payment models “to lower drug costs and promote access to innovative drug therapies for Medicare beneficiaries,” a White House fact sheet says. “This action would build on the Inflation Reduction Act’s landmark drug pricing reforms and help provide additional breathing room for American families.”
President Biden will sign an executive order today directing the U.S. Health and Human Services Department (HHS) “to consider additional actions to further drive down prescription drug costs,” the White House said this morning.
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