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Dr. Oz Pushes Drug Middlemen to End Rebates Before Washington Acts

Mehmet Oz, center, speaks to members of the media at the US Capitol in Washington on June 4.

Photographer: Allison Robbert/Bloomberg

Takeaways by Bloomberg AI

Prescription drug middlemen should end the complicated system of drug rebates before the government steps in to change it, Medicare and Medicaid chief Mehmet Oz said Tuesday.

The remarks signal the Trump administration may revive attempts to eliminate the payments drugmakers send to pharmacy benefit managers after prescriptions are filled. In his first term in 2019, President Donald Trump considered regulations that would have eliminated that system, but officials abandoned them before they went into effect.