Trump’s Options to Fight Big Pharma’s Big Price Tags
It’s literally the cost of living. When Martin Shkreli increased the price of an AIDS drug from $13.50 to $750 there was uproar — yet little was done to address America’s outsized drug prices. Despite many promises, the Trump administration has yet to make a significant policy move. Options like importing medications or letting Medicare negotiate with the pharmaceutical industry have skeptics and supporters, while some hope President Trump will invoke eminent domain to create generic drugs. First, though, he’ll have to stand up to the powerful pharmaceutical lobby.