July 11: White House Withdraws Controversial Rule to Eliminate Drug Rebates

The White House is withdrawing a controversial proposal to change how drugs are paid for, a spokesman said Thursday.

The administration is scrapping a rule that would have banned “rebates,” which are essentially discounts that drug companies give to negotiators known as pharmacy benefit managers.

Read the full article here on The Hill.

2019-07-11T12:57:29+00:00