Ledger · First term · № 144

30-day ultimatum to drugmakers on 'most favored nation' pricing

Broken
“[paraphrase] I am giving the pharmaceutical companies until August 24 to come up with something better, or the most favored nation order takes effect.”
Promised
, White House drug-pricing executive order signing ceremony
Stated deadline
“30 days / by August 24” → August 24, 2020
Overdue by
6 years as of September 22, 2026
Re-promised
2 times with a fresh deadline
Topic
Health care
Era
First term

What happened

The August 24, 2020 midnight deadline passed with no deal and no order, and the White House would not say whether it would proceed. A replacement order was issued on September 13, 2020 that merely directed HHS to develop a rulemaking plan. The resulting interim final rule was blocked by federal courts in December 2020 and later withdrawn.

Sources

  1. Executive Order on Lowering Drug Prices by Putting America First Trump White House Archives, Jul 24, 2020
  2. Trump deadline for drug pricing order passes with no action The Hill, Aug 25, 2020