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White House kills rebate rule aimed at lowering drug prices

Reuters Thursday, 11 July 2019 ()
The Trump administration has withdrawn a rule that it had said would lower drug prices by ending the system of prescription drug after-market discounts called rebates that drugmakers pay to pharmacy benefit managers.
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News video: Trump Administration Drops Plan That Would've Eliminated Drug Rebates

Trump Administration Drops Plan That Would've Eliminated Drug Rebates 01:33

The White House will no longer pursue a proposal that would&apos;ve gotten rid of drug rebates in an attempt to lower drug prices for consumers.

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