Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.

Experts suggest that most Americans will not experience immediate changes in their out-of-pocket health care expenses.

Trump’s executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries.

Despite online claims, President Donald Trump’s executive orders did not include removing Medicare’s $35 monthly out-of-pocket price cap, which is set by law.

The rescinded order directed Medicare and Medicaid to test ways to lower drug costs for enrollees. Those tests hadn’t started ...

Trump has reversed some of President Biden’s initiatives, including $2 monthly out-of-pocket cap on some generics and ...

Concern is growing among Democrats after President Donald Trump reversed some of the former president’s executive orders, ...

The government is expected to pay lower prices for Ozempic and Wegovy starting in 2027. The Trump administration will decide whether to expand coverage for millions of Americans. By Rebecca ...

Grogan is a nonresident senior scholar at the USC Schaeffer Institute, and served as White House Domestic Policy Council director to President Trump from 2019-20. President Biden took a ...

Burdensome regulations. Immigration. Inflation. The Russia-Ukraine military conflict. Threats to the U.S. dollar. Trade imbalances. Those are some of the issues President-elect Donald Trump has ...

Drug pricing experts are not sure why rolling back drug pricing initiatives would be a day one priority for President Trump.