"Drugmaker EMD Serono will reduce the cost of a common fertility medication through a deal struck with the Trump administration, President Donald Trump said Thursday while also unveiling new federal guidance he said will encourage employers to offer fertility coverage. The new guidance will allow companies to offer fertility benefits separate from major medical insurance plans, like they do with dental and vision plans, Trump said."
"The Oval Office announcement offers a first glimpse at how Trump plans to follow up on his executive order earlier this year aiming to reduce the cost of in vitro fertilization, a medical procedure that helps people facing infertility build their families. But it falls far short of his promise as a candidate to make IVF treatment free. It marks the third deal the administration has made with pharmaceutical companies to cut drug prices in recent weeks."
The administration secured a deal with EMD Serono to reduce the cost of a common fertility medication, including Gonal-f. New federal guidance will allow employers to offer fertility benefits separately from major medical insurance, similar to dental and vision plans. The administration plans to list discounted IVF medications, including Gonal-f, on a government purchasing website called TrumpRx where patients can buy directly from manufacturers. IVF drugs are frequently expensive, often costing thousands per cycle, and many patients require multiple cycles. The measure represents the third recent pharmaceutical price-cutting arrangement by the administration.
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