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Executive Order #14273

Executive Order to Lower Prescription Drug Prices for Americans

This is a summary of the contents of the executive order and is generated by Anthropic's API.
[Official Document] #14273 — Lowering Drug Prices by Once Again Putting Americans First
signed on 4/15/2025
  • The order aims to fix problems with Medicare's drug price negotiation program by making it more transparent and effective, while preventing higher costs for seniors' insurance premiums

  • Healthcare centers will be required to provide affordable insulin and EpiPens to low-income people who have high insurance costs or no insurance

  • The government will make it easier for states to import cheaper prescription drugs from other countries while maintaining safety standards

  • The order calls for faster approval of generic drugs and alternatives to brand-name medications to increase competition and lower prices

  • New rules will increase transparency around pharmacy benefit managers (middlemen) to help ensure discounts are actually passed on to patients