HHS Moves Forward on “Most Favored Nation” Drug Pricing; Pharma Fights Back
TheWkly Analysis
Washington, D.C.: The Department of Health & Human Services, led by Robert F. Kennedy Jr., is implementing a “Most Favored Nation” model for certain high-cost Medicare drugs, benchmarking prices to other wealthy nations. Industry lobby PhRMA vows to sue, claiming it kills innovation. HHS argues seniors often pay far more than European patients and that existing Medicare authorities permit demonstration projects.
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Key Entities
- • HHS Secretary RFK Jr.: Champion of MFN policy.
- • Medicare/CMS: Administering the demonstration project.
- • PhRMA: Pharma industry lobbying group, warning of R&D cutbacks.
Multi-Perspective Analysis
Left-Leaning View
Often supports stronger government negotiation for drug prices.
Centrist View
Notes cost relief for patients vs. industry’s innovation concerns, presenting both sides.
Right-Leaning View
Mixed; some fear heavy-handed government price setting, others want cost solutions for seniors.
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