Trump administration issues two rules aimed at drug prices

U.S. President Donald Trump speaks about prescription drug prices during an appearance in the Brady Press Briefing Room at the White House in Washington, U.S., November 20, 2020. REUTERS/Carlos Barria

(Reuters) – U.S. President Donald Trump on Friday said it was issuing two new rules that are aimed at lowering drug prices for the Medicare program, including one aimed at making sure pharmacy benefit managers pass after-market rebates onto seniors.

The second rule is aimed at aligning the prices paid in the United States to those paid in foreign countries, he said.

(Reporting by Caroline Humer, Editing by Franklin Paul)

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