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In Order to Lower Drug Prices, 3 Areas the Government Should Address

President Donald Trump is set to deliver his first major policy speech about drug costs this week.   The president’s budget outlined several targeted initiatives in this area, and recent comments by the Health and Human Services Secretary Alex Azar indicate that the administration is developing a larger, more comprehensive plan to address drug pricing issue.
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Requests for brand name over generic prescription drugs cost the Medicare program $1.7 billion in a single year, study finds

 E-Mail The Medicare Part D program would have saved $977 million in a single year if all branded prescription drugs requested by prescribing clinicians had been substituted by a generic option, according to a new study by researchers at the Johns Hopkins Bloomberg School of Public Health. And if Medicare patients had requested generic drugs instead of brand name drugs, the Medicare Part D program would have saved an additional $673 million in one year, for a total savings of $1.7 billion. Me...
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