The aforementioned phrase refers to a sequence of directives issued by the earlier presidential administration in the US regarding the associated fee and availability of pharmaceutical medicines. These directives aimed to decrease drug costs for American customers and reform features of the pharmaceutical market. For example, one proposal concerned permitting the importation of sure prescribed drugs from Canada, whereas one other targeted on rebates negotiated by pharmacy profit managers (PBMs).
The potential impacts of those govt actions had been important, touching upon problems with healthcare entry, affordability, and the pharmaceutical trade’s enterprise practices. Traditionally, prescription drug costs within the U.S. have been significantly increased than in lots of different developed nations. Due to this fact, makes an attempt to regulate these prices typically generated appreciable debate amongst policymakers, pharmaceutical firms, affected person advocacy teams, and the general public.