The White House released a report Oct. 3 claiming drug prices have fallen recently.
The report, conducted by the Council of Economic Advisers, said the prescription drug component of the consumer price index indicated that drug prices were rising more slowly than general price inflation.
It argued that some recent news stories are misleading because they rely on wholesale prices that don't reflect what consumers pay.
The report also said the data cited by the media may not capture more commonly used drugs like lower-cost generics.
However, the consumer price index cited in the report does not account for all medicines, according to STAT. It only includes prices for drugs available at the pharmacy and excludes the more expensive, physician-administered medicines.
The report comes as the Trump administration has failed to deliver on promises such as eliminating rebates in government healthcare programs and requiring drugmakers to advertise list prices in direct to consumer TV ads.
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