<img height="1" width="1" style="display:none;" alt="" src="https://dc.ads.linkedin.com/collect/?pid=118459&amp;fmt=gif">
Show all

Executive Orders Signed to Reduce Drug Prices

executive order

1.5 minute read

President Trump recently signed four executive orders aimed at lowering drug prices. This topic has been a long-standing campaign promise of his administration. The executive orders focus on insulin prices, drug importation, drug rebates, and international pricing. Here’s an overview of the four orders:

The fourth order ensures that the United States will pay the lowest price available in economically comparable counties for all Medicare Part B drugs. The U.S. often pays 80% more for these drugs then other developed counties. Implementation of this order has been delayed until August 25, 2020.

The pharmacy industry has condemned the executive orders and will have the opportunity to respond directly to the president. They will discuss proposal alternatives to reduce costs and specifically the international pricing in the fourth executive order.

Download the bulletin for more details.

Discover five remedies public sector organizations have used to rein costs in. Download our FREE whitepaper!

National Insurance Services is not a law firm and no opinion, suggestion, or recommendation of the firm or its employees shall constitute legal advice. Readers are advised to consult with their own attorney for a determination of their legal rights, responsibilities and liabilities, including the interpretation of any statute or regulation, or its application to the readers’ business activities.

Market Outlook for 2020/2021
August 05, 2020
2021 Open Enrollment Checklist
August 05, 2020
Nancy Bushard

Nancy Bushard

Nancy Bushard is a firm believer that hard work pays off. True success to her is about providing efficient service and valuable solutions while continually building, refining and doing the work. Her organized, motivated and friendly demeanor makes her a great advocate for her customers. As Account Manager for National Insurance Services, Nancy works with schools, cities and counties in Minnesota on their health insurance, wellness plans, benefit communication and retirement incentives. She oversees new client implementation and meets directly with clients to explain their benefits. Nancy has a strong background in customer service and risk analysis and has been working with employee benefits since 2004. She is a licensed insurance agent (Life & Health) and is ACA certified.