Grassley opposes international pricing index

Senate Finance Committee Chair Chuck Grassley (R-Iowa) said Wednesday he opposes the Trump administration’s plan to create an international reference pricing system for Medicare Part B drugs.

Grassley’s opposition is a setback for the International Pricing Index (IPI), a proposal to link prices for Part B drugs to a basket of prices paid in 14 countries (see “Azar’s IPI: Socialist or Capitalist?”)...