Medicare

Benefits of lobbying evident for small drugmaker

Tucked in the massive congressional budget bill is a provision that props up the price Medicare pays for a handful of medications, costing taxpayers millions at a time when the Trump administration is vowing to reduce the cost of prescription drugs.

Trump aims to reduce drug costs under Medicare

Drug companies would bear a bigger share of Medicare's costs under the congressional budget deal, a shift that could help limit future increases in beneficiaries' premiums for prescription coverage.

The Latest: Trump aims to reduce drug costs under Medicare

The Latest on proposals by President Donald Trump and in the Senate budget bill to lower drug prices for Medicare beneficiaries (all times local): 9 p.m. President Donald Trump is proposing to lower prescription drug costs for Medicare beneficiaries by allowing them to share in rebates that drug companies pay to insurers and other middlemen.