President Biden’s executive order sets out a plan to address what the administration sees as anti-competitive hot spots in several industries.
Some key points:
- Calls on the Department of Health and Human Services to release a 45-day plan to tackle high prescription drug prices.
- Calls on HHS to consider rules within 120 days to allow over-the-counter hearing aids.
- Leads the Food and Drug Administration to help speed up imports of prescription drugs from Canada.
- Encourages the Department of Justice and the Federal Trade Commission to review guidelines for hospital mergers.
- calls on the HHS to support transparency rules for hospital prices, tackling surprise billing from hospitals; and standardize plans in the national health insurance market to facilitate comparative purchases.
- Encourages the Federal Communications Commission to prevent Internet service providers from entering into agreements with landlords that limit tenants’ choices for broadband services.
- Calls on the communications regulator to require service providers to declare prices and tariffs and limit early termination fees.
- Encourages the FCC to reinstate the “net neutrality” rules overturned by the Trump administration.