In an odd twist, Donald Trump has come out strong on drug price reform. An executive order he issued on the topic is populist, comprehensive, and good policy.
About The Podcast:
Millions of Americans feel confused and frustrated in their search for quality healthcare coverage.
Between out-of-control costs, countless inefficiencies, a lack of affordable universal access, and little focus on wellness and prevention, the system is clearly in dire need of change.
Hosted by healthcare policy and technology expert Marc S. Ryan, the Healthcare Labyrinth Podcast offers accessible, incisive deep dives on the most pressing issues and events in American healthcare.
Marc seeks to help Americans become wiser consumers and navigate the healthcare maze with more confidence and certainty through The Healthcare Labyrinth website and his book of the same name.
Marc is an unconventional Republican who believes that affordable universal access is a wise and prudent investment. He recommends common-sense solutions to reform American healthcare.
Tune in every week as Marc examines the latest developments in the space, offering analysis, insights, and predictions on the changing state of healthcare in America.
About The Episode:
On this episode, Marc discusses Donald Trump’s executive order on drug price reform. He has come out strong on the issue. The ideas are populist, comprehensive, and good policy.
Key Takeaways:
Donald Trump issued an executive order on drug price reform.
It is populist, comprehensive, and good policy.
He wants to go deeper on price reductions than Biden did.
Trump may offer a concession on small molecule drugs.
He is targeting 340B reform to force hospitals and community health centers to lower overall prices.
Trump is opening the door to site neutral payments, first on drug administration.
He wants to reform all aspects of the drug supply channel.
Trump will promote biosimilars and generics and get them to the market quicker.
Some of the proposals could make it into the budget reconciliation bill, but others may take more time.
Could he extend drug price reform to the commercial world?
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Resources
The Healthcare Labyrinth: A Guide to Navigating Health Plans and Fixing American Health Insurance
