Trump announces GENEROUS model, securing pharma deals to cut Medicaid drug prices
read at STAT ↗DealNeutral
President Trump announced a new initiative called the GENEROUS model that is intended to lower drug prices for state Medicaid programs.
The program will involve all 50 states, Washington, D.C., and Puerto Rico, and more than two dozen pharmaceutical companies have agreed to sell drugs to Medicaid at prices similar to those in peer countries.
The administration highlighted the deals as a major step toward affordability, but many specifics of how the model will operate remain unclear.
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This writeup was produced by pharmadog from original reporting by STAT.
Original headline: “STAT+: Trump touts pharma deals to offer cheaper drugs to state Medicaid programs”
read at STAT ↗448 words · retrieved 2h ago
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