Trump's International Pricing Proposal Being Revised To Adopt ‘Most Favored Nation’ Policy – Azar

HHS Secretary Alex Azar says that reshaping Administration’s upcoming proposed rule would drive Medicare Part B drug prices even lower than previously projected. As Part B drug costs are being blamed for higher premiums, the policy revisions are at OMB, but plan would reemerge as "a notice of proposed rulemaking if that comes out,” Azar said.

slow intravenous drug administration system, hospital ward, soft focus - Image
Change Would Lower Target For US Prices

The US Health and Human Services Department is revising its pending international reference pricing proposal with a “most favored nation” approach in an effort to drive Medicare Part B drug prices even lower than previously projected, Secretary Alex Azar said on 13 November.

In an advance notice of proposed rulemaking released in October 2018, HHS outlined a plan to test a new payment...

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