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President Donald Trump signed two pieces of legislation into law on Wednesday that aim to inform consumers about drug prices.Both measures, the Know the Lowest Price Act and the Patient Right to Know Drug Prices Act, aim to end the drug industry's so-called gag orders of pharmacists, which prevent them from discussing cheaper price options with consumers. These price options include discussing whether a medication may be less expensive if using insurance or paying out-of-pocket.At Wednesday's signing, the President called the gag clauses "unjust" and said the legislation would lower drug prices that are "way out of whack" and "way too high.""It's called the law of supply and demand. They didn't want to have that. But now we have that and it's going to lower drug prices," Trump added.Both the President and Health and Human Services Secretary Alex Azar said at the signing that they expect further regulatory action on reducing drug prices in the coming months.Some states and municipalities have pharmacy gag order bans, but the Patient Right to Know Drug Prices Act, sponsored by Maine Republican Sen. Susan Collins, addresses banning the practice of gag orders on a federal level. The Know the Lowest Price Act, sponsored by Michigan Democratic Sen. Debbie Stabenow, prohibits Medicare drug plans from putting a gag clause on a pharmacy in their contracts.Collins and Stabenow were present at Wednesday's signing, as well as Tennessee Republican Sen. Lamar Alexander, Louisiana Republican Sen. Bill Cassidy, Deputy Attorney General Rod Rosenstein and National Economic Council Director Larry Kudlow.Some pharmaceutical industry experts say that although eliminating the gag clause is step toward consumer transparency, it doesn't address the issue of lowering actual drug costs, making it unclear how much of a tangible effect the legislation will have.The President has frequently expressed his frustration over rising drug prices, and in May, he laid?out his vision for increasing competition, reducing regulations and changing the incentives for all players in the pharmaceutical industry.The administration released a 44-page blueprint of the plan, entitled American Patients First, aiming to increase competition and improve the negotiation of drug prices, as well as reduce consumers' out-of-pocket spending on medicines and create incentives to lower list prices.Ending the pharmacy gag orders was included the plan, as well as speeding up the approval of over-the-counter medications and asking the Food and Drug Administration to require manufacturers to include prices in their TV ads.A gag order on a pharmacy is frequently brought on by clauses in contracts with pharmaceutical benefit managers, which manage most of our nation's prescription drug programs. The benefit managers negotiate prices with drug companies on behalf of insurance companies and other payers and then share those prices to retail pharmacies. They also negotiate rebates from manufacturers and discounts from drugstores. If pharmacists violate the gag rule, they risk losing their contract with the pharmaceutical benefit manager.Daniel Nam, executive director of federal programs at America's Health Insurance Plans, told Kaiser Health News that gag orders on pharmacies are becoming less frequent because these clauses are "not something they are incorporating into their contracts."Mark Merritt, president and CEO of a lobbying group for pharmaceutical benefit managers, the Pharmaceutical Care Management Association, told the publication that these clauses are "very much an outlier." 3635
President Donald Trump's stance on guns has not wavered a day after he set up a meeting with National Rifle Association officials, the White House said Friday.Trump and Vice President Mike Pence met with Chris Cox, the executive director of the NRA's lobbying arm Thursday evening, who quickly tweeted that Trump and Pence "don't want gun control."That's an apparent shift from Trump's comments during a meeting with a bipartisan group of lawmakers Wednesday, when he signaled his support for policies -- such as strengthening background checks to raising the minimum age to buy certain guns and taking guns away from the mentally ill -- that are vehemently opposed by the gun lobby.Asked if Trump's thinking has changed since Wednesday's meeting, Sanders said, "not that I'm aware of." She said the only specific promise Trump made to the NRA was that "he'll support the Second Amendment. That's not something that he's backed away from. The background check system is something that he's still very much interested in improving." 1045
Republican Reps. Chris Collins and Duncan Hunter, who are both facing federal indictments, were re-elected to Congress Tuesday night, CNN projects.Both men were early supporters of President Donald Trump, who blasted the Justice Department earlier this year for investigating the two Republicans.Despite the federal charges against him, which he calls "meritless," Collins has been actively campaigning to keep his seat in New York's 27th Congressional District.Collins, the first House member to endorse Trump's 2016 campaign, has been charged with securities fraud, wire fraud and false statements stemming from alleged insider trading in stock of an Australian pharmaceutical company.Hunter, who represents California's 50th Congressional District, was indicted the same month as Collins in August -- but for charges of campaign corruption related to a quarter-million dollars' worth of charges on his campaign credit card. Hunter claimed he was framed by a "corrupt" Department of Justice but also placed blame on his wife.He went on to suggest that his Mexican-Palestinian-American opponent -- a 29-year-old former Obama administration aide who is Christian -- is a Muslim with ties to terrorism who would threaten the security of US soldiers.Meanwhile, Sen. Bob Menendez, a Democrat from New Jersey, survived a tough re-election bid amid dismal approval ratings following his federal corruption trial that ended in a hung jury.While the Justice Department filed to dismiss charges against Menendez, he was still admonished by the Senate Ethics Committee for accepting gifts without proper approval from a wealthy ophthalmologist and returning in kind with political favors.. 1688
President Donald Trump's son has been called for jury duty in Manhattan, TMZ reports.Donald Trump Jr., the president's oldest son, reported to a jury pool room in the New York County Criminal Court building today, Feb. 28. Secret Service was surrounding the building, TMZ says.The courthouse reportedly had a big line to enter it, possibly from increased security. 372
President Donald Trump's legal team is preparing to respond to special counsel Robert Mueller regarding the possibility of an interview, Rudy Giuliani told CNN Monday.Giuliani, one of Trump's lawyers, would not characterize the response. He's recently suggested that Trump and his lawyers would be making a final decision soon, but other sources have said the coming response would likely be another effort to counter the latest from Mueller and not a final offer.CNN reported last week that Mueller has offered to reduce the number of obstruction-related questions Trump would be asked by investigators. The President's lawyers had previously offered the special counsel written answers to obstruction questions and limiting the interview to matters before his presidential inauguration, which are largely confined to collusion.The special counsel indicated an interview with the President would include obstruction questions, but did cede that some answers on topics could be in writing. Trump's lawyers -- who are not in favor of any interview despite the President saying he wants to set the record straight with special counsel -- are seeking to limit the interview to collusion topics.The-CNN-Wire 1211