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Trump to Expand Most-Favored-Nation Medicaid Drug Pricing Nationwide

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Story summary
  • President Donald Trump will announce most-favored-nation pricing for certain Medicaid drugs in all 50 states.
  • He will host South Dakota, Mississippi and Arkansas governors in the Oval Office on Friday to tout lower drug prices.
  • The administration signed deals last year with 17 major drugmakers, including Pfizer, Eli Lilly and Novo Nordisk, for most-favored-nation prices.
  • Those companies agreed to offer prices comparable to what other developed nations pay.