WASHINGTON — The White House last month steered clear of extreme measures in issuing a plan to cut drug prices. While President Donald Trump called the proposal “the most sweeping action in history to lower the price of prescription drugs for the American people,” the plan left industry stakeholders relieved. Pharmaceutical company stocks even gained
ARLINGTON, Va. — The National Association of Chain Drug Stores applauded President Donald Trump’s new program to combat the drug abuse epidemic, dubbed “Stop Opioids Abuse and Reduce Drug Supply and Demand.” Announced by yesterday, the Stop Opioids Abuse plan targets what the White House said are key drivers of the opioid abuse crisis, including
ARLINGTON, Va. — The National Association of Chain Drug Stores described retail pharmacy as a strong partner in the fight against drug abuse in a letter to New Jersey Gov. Chris Christie, chairman of the President’s Commission on Combating Drug Addiction and the Opioid Epidemic. NACDS president and chief executive officer Steve Anderson noted in
WASHINGTON — The House of Representatives today narrowly approved a bill to dismantle the Affordable Care Act. Legislators voted 217-213 to overturn many of the law’s popular consumer protections, eliminate the individual mandate, and recast the insurance market. “This bill delivers on the promises that we have made to the American people,” said House Speaker
Rep. Tom Price (R., Ga.) had a tense confirmation hearing in the Senate last week for his nomination by President Donald Trump as secretary of the Department of Health and Human Services (HHS). But he got a thumbs-up from the American Pharmacists Association (APhA) on at least one count: pharmacists’ place in the U.S. health
In a meeting with pharmaceutical industry leaders, President Donald Trump decried the high cost of drugs but said his administration would work to make it easier to get new, innovative medications to market. The Pharmaceutical Research and Manufacturers of America (PhRMA), which along with drug company executives met with Trump at the White House on
I will spare you the introductory paragraph that attempts eloquence. Let’s get right to the point. In NACDS’ view, 2017 could be one of the most pivotal years in health care policy and in pharmacy patient care. NACDS not only is ready to advocate for pharmacy in this unprecedented environment; that vital work already is
WASHINGTON — Republicans in the Senate and House of Representatives are aggressively pushing ahead with measures to repeal the Affordable Care Act despite the fact that they have no coherent alternative to replace it. Health care industry analysts and trade associations have warned that repealing or gutting the law without an adequate substitute could create
After stumbling out of the gate early this month with an ill-conceived bid to hamstring the Office of Congressional Ethics (a plan that roused a chorus of critics, including President-elect Donald Trump, and was quickly withdrawn), Republicans in the House, along with their colleagues in the Senate, regained their footing and set about the business
Donald Trump briefly touched on the pharmaceutical industry in his first major press conference since being elected president. In the news conference yesterday at Trump Tower in Manhattan, Trump talked about drug companies relocating overseas and referred to the rising cost of pharmaceuticals. “We’ve got to get our drug industry back,” Trump said after discussing
It looks like the nearly two-and-a-half-year run of former Procter & Gamble chairman and CEO Robert McDonald as Secretary of Veterans Affairs is coming to an end. President-elect Donald Trump on Wednesday nominated David Shulkin, currently undersecretary for health at VA, to take the reins from McDonald, who has served as VA secretary since the
“The times they are a changin’,” Nobel laureate Bob Dylan sang in 1964. It’s as true now as it was 53 years ago, especially for the chain drug industry. With the incoming administration of Donald Trump, all bets are off with health care. The Affordable Care Act appears set for demise, but no one in
The January 20, 2017, inauguration of President Trump as the nation’s 45th president is certain to bring with it changes in the health care environment, which may impact pharmacy in a variety of ways. As important as the new administration, however, is the fact that a “unified” government will take over in Washington, with Republicans
WASHINGTON, D.C. — Sensing change in the air, a group of pharmacy associations have called on the incoming Trump administration and congressional leaders to recognize the role that pharmacies play in the nation’s health care system. In a letter to the new federal power structure, the National Association of Chain Drug Stores (NACDS), National Community
