The Biden administration is planning for an end to its practice of paying for Covid-19 shots and treatments, shifting more control of pricing and coverage to the healthcare industry in ways that could generate sales for companies—and costs for consumers—for years to come.

The Department of Health and Human Services intends to hold a planning session on Aug. 30 that would bring together representatives from drugmakers, pharmacies and state health departments with a stake in a Covid-19 treatment industry.

This post first appeared on wsj.com

You May Also Like

Milwaukee Brewer teen outfielder signs $82 million deal before ever playing in an MLB game

NASHVILLE, Tenn. — Outfielder Jackson Chourio agreed to the largest contract for…

Court Revives Challenge to California Mandate on Women Board Members

A federal appeals court ruled that an investor may sue California over…

8 from Yankees positive for Covid in post-vaccine breakthrough cases

ST. PETERSBURG, Fla. — New York Yankees shortstop Gleyber Torres tested positive…

Kansas City Southern Deal to Get Ruling by End of August

Federal railroad regulators said they plan to issue a key ruling by…