President Trump announced an upcoming executive order aimed at reducing medication costs by implementing a 'Most Favored Nation' policy. This order would direct Medicare to pay the same prices for certain drugs as the lowest-paying countries. While potentially significant in savings, the proposal is likely to face opposition from the pharmaceutical industry. This effort comes after previous attempts to initiate similar measures have failed during Trump's first term. High drug prices remain a contentious issue in U.S. healthcare, impacting millions of Medicare beneficiaries.
I will be instituting a MOST FAVORED NATION'S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World.
Our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before.
The proposal will face fierce opposition from the pharmaceutical industry.
Complaints about U.S. drug prices being notoriously high, even when compared with other large and wealthy countries, have long drawn the ire of both parties.
Collection
[
|
...
]