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Reuters
Reuters
Health

White House says has sent 'principles' for drug pricing reform to Congress

U.S. President Donald Trump has sent "principles" for drug pricing reform to lawmakers, White House spokeswoman Stephanie Grisham said in a statement on Tuesday.

The White House has called for legislation that would:

- "Cap Medicare Part D beneficiary annual out-of-pocket pharmacy expenses

- "Provide an option to cap Medicare Part D beneficiary monthly out-of-pocket pharmacy expenses

- "Offer protection for seniors against the out-of-pocket cost cliff created by ObamaCare

- "Give insurance companies an incentive to negotiate better prices for costly drugs

- "Limit drugmakers' price increases."

(Reporting by Makini Brice; Editing by Muralikumar Anantharaman)

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