#most-favored-nation

#most-favored-nation

But experts and health care advocates said that limitations with the new service could undermine its value to consumers. "The prices are absolutely cheaper than list prices, but only for cash patients or patients whose insurance does not sufficiently cover these drugs," Yunan Ji, a health policy expert at Georgetown's McDonough School of Business, told CBS News. "For a small share of the market, it will deliver meaningful savings, but it is not going to change the whole drug pricing landscape for most Americans."

President Donald Trump announced that Americans would see lower prescription drug prices after his administration reached deals with nine top drug manufacturers on Friday. Trump was joined at the White House Friday by the leaders of nine of the world's largest pharmaceutical manufacturersto announce that they have agreed to offer many of their flagship drugsat heavily discounted most favored nation's prices. Some of the drugs mentioned include those for diabetes, asthma, and blood thinning.