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Trump's Plan Aims to Lower Drug Prices and Boost Transparency

2/19/2026

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Story summary
  • U.S. President Donald Trump’s administration aims to increase transparency in drug pricing as it regulates pharmacy benefit managers.
  • The proposed rules require PBMs to disclose compensation details and pass manufacturer rebates to health plans, addressing their control of nearly 80% of drug transactions.
  • A settlement against Express Scripts mandates ending the exclusion of cheaper insulin options.
  • The reforms are seen as a pivotal move to lower drug costs for Americans.