Donald Trump has rescinded yet another Biden-era executive order, and drug prices could skyrocket as a result.
The president recently tossed out executive order 14087, a measure taken by Biden in order to cap certain generic drug prices at $2 for Medicare recipients, improve access to expensive cell and gene therapies for Medicaid beneficiaries, and make new medical procedures more widely available by reducing the evidence gathering process required for drugs. The order was made to allow average Americans faster and more widespread access to affordable care.
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