Trump Plan for Drug Prices Won’t Include Direct Negotiations

President Trump is scheduled to give his first speech on how his administration will seek to lower drug prices.

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WASHINGTON (AP) — President Donald Trump is set to unveil his long-awaited plan for reducing drug prices after more than a year of bold promises to tackle pharmacy costs that are squeezing millions of Americans. But the strategy to be outlined in a speech Friday will not include a key Trump campaign pledge to use the massive buying power of the federal government’s Medicare program to directly negotiate lower drug prices for seniors. Instead, administration…

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