On May 12, President Donald Trump issued an executive order (EO) that aims to bring the prices Americans pay for prescription drugs in line with those paid by similar nations. This legal update summarizes the EO and recent federal agency developments in response to the order. [Download the full PDF update here] Employers, providers and payers should stay informed as this directive evolves into actionable policies. Questions? If you have questions, contact TruePlan . Our team of advisors can help you with questions within the scope of employee benefits . This content is for informational purposes only. It has been partially generated from an AI language model, which may not always be exhaustive or tailored to individual circumstances. We encourage you to contact one of our experts for more information. We assume no liability arising from any use of this content.