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

 
• By Cathy Kelly

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.

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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 model for Medicare Part B drugs in which reimbursement would...

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