Trump will not propose Medicare Part D negotiation

The White House’s plans for reducing prescription drug prices, which President Donald Trump will unveil in a speech Friday, will not include negotiation of Medicare Part D prices, a senior administration official told reporters Thursday.

A prescription drug pricing blueprint that the White House will release Friday will include administrative steps the federal government can take on its own, requests for public comment about potential administrative actions, and demands for Congress to enact proposals that were included in President Trump’s FY19 budget request. ...