HHS Issues Statement on President Trump’s Leadership on Drug Pricing
Targeted News Service
WASHINGTON, Oct. 10 -- The U.S. Department of Health and Human Services issued the following statement by Secretary Alex Azar:
* * *
On Wednesday, President Trump signed legislation that bans pharmacy gag clauses, which prevent pharmacists from informing patients when they can pay less out of pocket for a prescription drug, in both private insurance plans and in Medicare prescription drug plans.
"This bipartisan legislative accomplishment was secured by President Trump's historic leadership on drug pricing. The President's drug-pricing blueprint called for ending gag clauses.
"Within a week of the blueprint's release, HHS informed Medicare plans that they are unacceptable, and now Congress has responded to the President's call by formally banning them.
"American patients should know: You can always ask your pharmacist whether you're getting the best deal on the prescription drugs you need.
"This is just one step in the President's plans to deliver better healthcare to Americans at lower prices, efforts that have already involved more action to bring down drug prices than any previous President has taken."
President Trump Issues Remarks on Signing of Two Bills
Health Premiums On The Federal Exchanges Dip In 2019
Advisor News
- The 6X Formula for leveraging content marketing with AI
- When a home becomes difficult to insure, the plan changes
- The inheritance gap: Helping clients plan for money that hasn’t arrived
- After the midterms: Addressing your clients’ tax concerns
- Berkeley arts tax heads toward passage while public bank measure looks likely to fail
More Advisor NewsAnnuity News
- Athene CEO criticizes offshore reinsurance, risk-taking by competitors
- DOL, trade groups, state AGs file briefs supporting Alcoa in PRT lawsuit
- John Hancock launches new fixed indexed annuity suite
- Annuities to play a larger role in workplace retirement plans
- FHLBank Pittsburgh Announces Results in 2026 Board Election
More Annuity NewsHealth/Employee Benefits News
- Researchers from National Health Insurance Service Detail New Studies and Findings in the Area of Stroke (The Effect of Regional Disparities In Access To Rehabilitation Services On Mortality Among Stroke Patients): Cerebrovascular Diseases and Conditions – Stroke
- Oscar Health Inc. (NYSE: OSCR) Draws the Stock Spotlight on Nov. 12
- Duet Raises $15M to Scale Nurse Practitioner-Owned Clinics, Filling Critical Primary Care Gap
- Sidecar Health Named a Finalist in the 2026 Fierce Innovation Awards
- Open enrollment set to begin Nov. 1
More Health/Employee Benefits NewsLife Insurance News
- Three lawsuits put life insurers’ cost-of-insurance practices under scrutiny
- Military Briefs: November 12-18
- Security Benefit Series B Preferred Stock Dividend Rate Resets to 10.286%
- FHLBank Pittsburgh Announces Results in 2026 Board Election
- New Jackson Study Finds the "Sandwich Generation" Squeeze Comes from More Than Two Sides and It’s Quietly Draining Retirement Savings
More Life Insurance News