President Donald Trump is attempting to slash drug prices for Americans by more closely aligning their costs to lower prices paid abroad, renewing and expanding upon a failed push from his first term.

President Donald Trump has repeatedly vowed he wouldn't allow Medicaid to be cut, but House Republicans' bill to fund his agenda aims to cut hundreds of billions of dollars from the program that provides health care for poor, elderly and disabled Americans.

The executive order Trump is promising will direct the Department of Health and Human Services to tie what Medicare pays for medications administered in a doctor’s office to the lowest price paid by o

President Trump will introduce a "most favored nation" plan aimed at cutting Medicare drug prices by linking them to the prices of medication abroad, sources told CBS News.

President Donald Trump is expected to sign an executive order soon to lower the cost of prescription drugs for Medicare beneficiaries. The order would implement a “most favored nation” policy, tying the prices of certain Medicare-covered drugs to those paid by other developed countries.

Trump's plan to lower Medicare drug costs by aligning U.S. prices with other countries faces legal and industry challenges.

The administration plans to "eliminate funding that had been used to carry out non-statutory, wasteful and woke activities."

Medicare's innovation center plans to put more emphasis on empowering consumers to make personal choices in health care, and on promoting healthier lifestyles to prevent diseases, officials wrote in a strategy memo released Tuesday.

As Maryland negotiates a new health care system, federal government may cut back state’s control over Medicare costs.

President Donald Trump's Medicare and Medicaid director, former talk show host Dr. Mehmet Oz, faced an intense grilling by MSNBC's Ari Melber over the House GOP's new plan to cut hundreds of millions from Medicaid funding,