No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Thursday, March 26, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

‘We want more babies, to put it nicely’: Trump strikes deal for drugmaker to lower cost of common IVF drug

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 3 mins read
A A
‘We want more babies, to put it nicely’: Trump strikes deal for drugmaker to lower cost of common IVF drug
Share on FacebookShare on TwitterShare on LInkedIn



Drugmaker EMD Serono will reduce the cost of a common fertility medication through a deal struck with the Trump administration, President Donald Trump said Thursday while also unveiling new federal guidance he said will encourage employers to offer fertility coverage.

The new guidance will allow companies to offer fertility benefits separate from major medical insurance plans, like they do with dental and vision plans, Trump said.

The Oval Office announcement offers a first glimpse at how Trump plans to follow up on his executive order earlier this year aiming to reduce the cost of in vitro fertilization, a medical procedure that helps people facing infertility build their families. But it falls far short of his promise as a candidate to make IVF treatment free. It marks the third deal the administration has made with pharmaceutical companies to cut drug prices in recent weeks.

EMD Serono’s Gonal-f is among several drugs frequently used by patients going through IVF treatments — which involve using hormones to trigger ovulation, producing multiple eggs that are retrieved from the ovaries to be fertilized or frozen. The drugs can be expensive, often costing patients thousands of dollars for a single IVF cycle. Many patients trying to get pregnant through IVF go through more than one cycle.

Trump said the drug will be available at a discount on TrumpRx, a government website where patients will be able to buy drugs directly from manufacturers.

Trump said the Food and Drug Administration will also be working with EMD Serono to expedite approval of another one of its fertility drugs available in Europe, called Pergoveris.

Thursday’s announcement comes after Trump issued a February executive order pledging to make IVF more affordable. During his campaign last year, Trump pledged that if he was elected, he would make IVF treatment free.

“Under the Trump administration, your government will pay for — or your insurance company will be mandated to pay for — all costs associated with IVF treatment,” he said at an event in Michigan. “Because we want more babies, to put it nicely.”

That pledge came in the wake of growing pressure after his Supreme Court nominees helped overturn the right to abortion in Roe v. Wade that kicked off an effort in GOP-led states to impose new restrictions, including some that have threatened access to IVF by trying to define life as beginning at conception.

Roger Shedlin, CEO of the fertility and family building benefits company WIN, on Wednesday expressed excitement about what he called “steps in the right direction.”

“Any initiative that addresses the cost of drugs will have a material positive impact on the overall cost of the fertility cycle,” he said.

Corinn O’Brien, 39, of Birmingham, Alabama, said anything to lower the costs of IVF would be “huge for families.”

O’Brien said she underwent three rounds of IVF and gave birth to a daughter in June. Each time, the drugs would cost anywhere from around $1,000 to $5,000.

She said covering the whole IVF cycle “ultimately would be a game changer for families,” but helping with the cost of drugs “is progress and is much appreciated.”

O’Brien added it would be great if more employers would cover fertility services because, for many, “this is their only chance to expand their family.”

___

Swenson reported from New York. Ungar reported from Louisville, Kentucky.



Source link

Tags: BabiesCommonCostdealdrugDrugmakerIVFnicelyputstrikesTrump
ShareTweetShare
Previous Post

MH announces balance sheet optimization with $150M of debt reduction

Next Post

Does college offer a return on investment? ‘It’s front of mind for universities today in a way that it was not necessarily 15, 20 years ago’

Related Posts

edit post
Megapot raises  million to create a crypto-powered global lottery

Megapot raises $5 million to create a crypto-powered global lottery

by TheAdviserMagazine
March 26, 2026
0

Most lotteries are contained within a country or a state, and much of the time, people have to go to...

edit post
PayPal, Stripe, Visa, Mastercard are the latest to be warned about debanking by Trump administration

PayPal, Stripe, Visa, Mastercard are the latest to be warned about debanking by Trump administration

by TheAdviserMagazine
March 26, 2026
0

Mar 26, 2026, 12:13 PM ETPayPal Holdings, Inc. (PYPL) Stock, V Stock, MA Stock, STRIP Stock, MA:CA Stock, VISA:CA Stock,...

edit post
What’s happening with Iran-US ‘talks’?

What’s happening with Iran-US ‘talks’?

by TheAdviserMagazine
March 26, 2026
0

Paris: Diplomatic efforts to end the war in Iran are gathering pace, even though Tehran continues to insist talks with...

edit post
Duolingo CEO’s taxi driver test decides who gets hired—before the interview even starts

Duolingo CEO’s taxi driver test decides who gets hired—before the interview even starts

by TheAdviserMagazine
March 26, 2026
0

At Duolingo, job interviews start the moment a candidate steps into a car. Luis von Ahn, the billionaire cofounder and...

edit post
Coalition postpones Knesset vote on 2026 budget

Coalition postpones Knesset vote on 2026 budget

by TheAdviserMagazine
March 26, 2026
0

The 2026 state budget is due to receive final approval in the Knesset during Sunday night or the early...

edit post
Here’s 1 Major Problem With the 4% Rule All Retirees Should Know About

Here’s 1 Major Problem With the 4% Rule All Retirees Should Know About

by TheAdviserMagazine
March 26, 2026
0

Building a solid nest egg can, and should, help you retire with confidence. But it's not enough to save for...

Next Post
edit post
Does college offer a return on investment? ‘It’s front of mind for universities today in a way that it was not necessarily 15, 20 years ago’

Does college offer a return on investment? 'It's front of mind for universities today in a way that it was not necessarily 15, 20 years ago'

edit post
U.S. stocks fall as midsized bank earnings worry traders about underlying state of the economy

U.S. stocks fall as midsized bank earnings worry traders about underlying state of the economy

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Publix to Open 5 New Stores by End of April. See Upcoming Locations.

Publix to Open 5 New Stores by End of April. See Upcoming Locations.

March 20, 2026
edit post
Who Is Legally Next of Kin in North Carolina?

Who Is Legally Next of Kin in North Carolina?

February 28, 2026
edit post
The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

The Growing Movement to End Property Taxes Continues in Kentucky, And What It Means For Investors

March 2, 2026
edit post
Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

Foreclosure Starts are Up 19%—These Counties are Seeing the Highest Distress

February 24, 2026
edit post
Georgia’s 0 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

Georgia’s $250 Tax Rebate Is Moving Forward — Here’s When You Can Expect Your 2026 Check

March 21, 2026
edit post
Twist Biosciences: Keeping Synthetic Biology Alive

Twist Biosciences: Keeping Synthetic Biology Alive

0
edit post
Megapot raises  million to create a crypto-powered global lottery

Megapot raises $5 million to create a crypto-powered global lottery

0
edit post
Coalition postpones Knesset vote on 2026 budget

Coalition postpones Knesset vote on 2026 budget

0
edit post
Chart of the Week: The  Trillion AI Surge

Chart of the Week: The $1 Trillion AI Surge

0
edit post
XRP Shows Unusual Stability As Volatility Hits 2026 Low – Here’s What This Means

XRP Shows Unusual Stability As Volatility Hits 2026 Low – Here’s What This Means

0
edit post
Private Credit’s Verification Problem | EI Blog

Private Credit’s Verification Problem | EI Blog

0
edit post
Crayola Less Mess Painting Activity Kit only  (Reg. )!

Crayola Less Mess Painting Activity Kit only $11 (Reg. $25)!

March 26, 2026
edit post
XRP Shows Unusual Stability As Volatility Hits 2026 Low – Here’s What This Means

XRP Shows Unusual Stability As Volatility Hits 2026 Low – Here’s What This Means

March 26, 2026
edit post
Home Office to be part of Education Sector Action Group

Home Office to be part of Education Sector Action Group

March 26, 2026
edit post
Megapot raises  million to create a crypto-powered global lottery

Megapot raises $5 million to create a crypto-powered global lottery

March 26, 2026
edit post
How does your state’s effective tax rate rank?

How does your state’s effective tax rate rank?

March 26, 2026
edit post
Chart of the Week: The  Trillion AI Surge

Chart of the Week: The $1 Trillion AI Surge

March 26, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Crayola Less Mess Painting Activity Kit only $11 (Reg. $25)!
  • XRP Shows Unusual Stability As Volatility Hits 2026 Low – Here’s What This Means
  • Home Office to be part of Education Sector Action Group
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.