The Logical Leftist
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Trump Delays Big Pharma Price Gouging Rule
Posted
October 2, 2017
Views
3,309
Likes
154
Comments
16
Engagement
5.14%
October 2, 2017
3,309
154
16
5.14%
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6:47Now PlayingHelp us cover the political revolution
The Department of Health and Human Services (HHS) on Thursday quietly logged the delayed rollout of the rule into the federal register, Mic reports. The rule was initially set to go into effect on Sunday, but has been pushed back to next July.
The rule allows the government to punish drug companies that "knowingly and intentionally” overcharge customers with fines up to $5,000 for each instance of overcharging. In a statement, HHS said it wanted to give drug companies "sufficient time" to implement the necessary changes.
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