Politics, Policy & Law
PhRMA rejects Trump election gambit, triggering most favored nation order
Most favored nation order faces legal, logistic challenges
Most favored nation order faces legal, logistic challenges.
Seeking to avoid the perception that it was intervening in the U.S. presidential election, PhRMA’s board last week rejected a proposal from the Trump administration to include Medicare Part D gift cards in a drug pricing deal. The rejection torpedoed a deal the industry had negotiated with the White House, triggering President Donald Trump’s decision to issue a “most favored nation” drug pricing executive order.
The PhRMA board had approved a deal that would