President Trump recently signed a wide-ranging executive order urging Congress to amend a crucial provision of a Biden-era law governing Medicare drug price negotiations, with the administration’s aim ...

President Donald Trump wants drugmakers to work with his federal health department to reach an agreement on a most favored ...

At a press briefing, Dr. Mehmet Oz, Centers for Medicare and Medicaid Services Administrator, celebrated President Trump's executive order on bringing down drug pricing.

Still, the new forecast is below the 2025 COLA of 2.5% and the average COLA over the past 20 years of 2.6%. It would be the lowest since 2021, when the increase was 1.3%. COLA is not a raise, but ...