https://www.live-feeds.com/feed/trump-administration-finalizes-plan-to-lower-drug-prices-in-medicareContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/trump-administration-finalizes-plan-to-lower-drug-prices-in-medicarehttps://www.live-feeds.com/feed/trump-administration-finalizes-plan-to-lower-drug-prices-in-medicare#u103025Mon, 05 Oct 2026 15:37:57 +0000The Trump administration finalized a mandatory drug payment model for Medicare Part B that benchmarks prescription costs against prices in Australia and 18 other developed countries. The Global Benchmark for Efficient Drug Pricing model was officially finalized by the Centers for Medicare and Medicaid Services on October 2, 2026. However, the final version has been significantly scaled down from initial projections. Projected Medicare savings have fallen sharply compared to original estimates, leaving the program with a much narrower economic scope and a test group limited to four companies.Wh