STAT+: Cassidy is circulating a proposed law to push down U.S. drug prices, backing a key Trump ambition
Cassidy and Trump both aim to lower U.S. drug prices closer to what other countries pay
WASHINGTON — Senate health committee Chair Bill Cassidy (La.) is the latest Republican to take an interest in legislation that would tie U.S. brand drug prices to lower prices in other wealthy countries, according to seven people following the issue.
Republicans historically have opposed using so-called most-favored nation policy to lower drug prices, but that appears to be changing as President Trump backs the approach.
STAT viewed a draft of legislation to link U.S. drug prices to those in other countries that two people familiar with the discussions said Cassidy has floated to industry lobbyists. However, one drug industry source said that bill is an old version, and it’s not clear how it may have changed. The people asked not to be identified to describe private conversations.
