Trump touts drug price cuts most Americans may not feel
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Trump touts drug price cuts most Americans may not feel
""I took prescription drugs, a very big part of health care, from the highest price in the entire world to the lowest," Trump said. But most Americans likely won't feel much impact from the initiatives, economists and health policy experts say."
"Trump also took aim at health insurers, saying he wants to "stop all payments to big health insurance companies and instead give that money directly to people so they can buy their own health care at a much lower cost.""
""Premiums are skyrocketing, drug prices are outrageous, and hard-working people are being crushed under the weight," Brad Woodhouse, CEO of progressive group Protect Our Care, said in a statement. "No amount of showmanship during the State of the Union can erase the reality millions are facing at their kitchen tables.""
Trump announced healthcare initiatives focused on reducing prescription drug prices and reforming health insurance payments. He claimed to have lowered U.S. drug prices from the world's highest to lowest and launched TrumpRx, a website offering medication coupons. Trump also proposed redirecting health insurance company payments directly to consumers. However, economists and health policy experts indicate these measures will have minimal impact on most Americans. No legislative activity on Capitol Hill suggests the initiatives lack concrete implementation. Democrats and progressive advocacy groups counter that premiums continue rising and drug prices remain outrageous, arguing Trump's announcements do not address the financial hardship facing working families.
Read at Axios
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