Trump rescinded Executive Order 14087, "Lowering Prescription Drug Costs for Americans," which directed Medicare and Medicaid agencies to research and implement models for lowering the costs of prescription drugs. Separate provisions in the Inflation Reduction Act of 2022 also aimed at lower prescription drug costs are still in effect.

Experts suggest that most Americans will not experience immediate changes in their out-of-pocket health care expenses.

A group of lawmakers are urging President Donald Trump to reject pharmaceutical companies’ efforts to pause the Biden administration’s drug-price cuts.

New legislation would help set caps on the upper limit of drug costs in Maryland. Prescription drug prices have soared, according to Maryland lawmakers and healthcare advocates. Legislation Would Expand Drug Affordability Board’s Power Senate Bill 357,

The Trump administration’s first drug pricing action — rescinding a Biden executive order encouraging Medicare to help lower prescription costs — is befuddling drug pricing experts.

President Donald Trump issued a flurry of executive orders and other actions on healthcare, signaling he intends to reverse many of Joe Biden’s moves.