How TrumpRx Brand-Name Drug Prices Compare to Other Countries
KFF found TrumpRx prices are lower for 17 of 32 brand-name drugs, but higher for 15, including some that cost twice as much abroad.
4 Articles
4 Articles
Analysis: Prices for Many Brand-Name TrumpRx Drugs Are Cheaper than the Average Price in Other Wealthy Countries, But Are Almost as Likely To Be More Expensive
Consumers who buy brand-name prescription drugs without an available generic or biosimilar at the prices available through the new TrumpRx website are about as likely to pay more as pay less for those drugs relative to the publicly listed prices available in other comparatively wealthy countries, a new KFF analysis finds.
How TrumpRx brand-name drug prices compare to other countries
Different presidential administrations have taken various approaches to lowering prescription drug prices and closing the gap in drug prices between the U.S. and similarly wealthy countries. A fairly recent strategy has been to negotiate directly with pharmaceutical companies. Under the Biden administration, legislation was passed to establish a new Medicare Drug Price Negotiation Program, where the federal government is required to negotiate wi…
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- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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