Trump officials meeting with drug companies to seek voluntary price cuts One way for the administration to tout some immediate benefits of President Trump's drug pricing plan? Get companies to announce they are cutting prices on their own. Department of Health and Human Services (HHS) officials have been meeting with pharmaceutical companies to seek voluntary cuts in drug prices, according to sources familiar with the meetings. The advantage: Voluntary moves would happen much faster than waiting for any regulatory actions to take effect. The catch: It's not clear yet whether any drug companies have actually agreed to cut their prices voluntarily. And any voluntary actions could be more minor than the more sweeping changes that government could impose. Keep watching: Trump said at the end of May that "in two weeks" drug companies would "announce voluntary massive drops in prices." Officials have not provided any more details on what he meant with those remarks. The two-week mark is coming up this week. Read more here. GOP on the attack on single payer in California The GOP thinks it has an effective rebuttal to Democratic attacks on repealing ObamaCare or rising premiums: support for single payer. At least 5 of 7 Democrats in battleground House races in California support single payer, which Republicans are looking to use against them. Key quote from GOP: "The anger of the Democratic base against the president is pushing the party aggressively leftward," said Michael Steel, a Republican strategist and former aide to Speaker John Boehner (R-Ohio). "That's going to leave them with a lot of candidates who aren't a good fit for their districts." Dems' defense: "The status quo in our health-care system is broken and people know," said Katie Porter, a Democrat who supports single payer running against Rep. Mimi Walters (R-Calif.). "Washington does not need more can't-do Democrats." We have more on the fight here. |
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