((The hill) – President Donald Trump said on Sunday that he would sign an executive order on Monday to limit prescription drug and pharmaceutical prices to the lowest costs for any other country.
America has paid more than other developed nations for the same prescription medication. According to Trump’s “most preferred nation” policy, the President hopes to ensure that “the United States will pay the same price as the nation that pays the lowest price all over the world”.
“Our country is finally treated fairly, and the health costs of the citizens are reduced by numbers that have never been thought before. In addition to everything else, the United States will save trillion dollars,” Trump continued in a Sunday post about the social of truth.
Trump said he would sign the Executive Order in the White House on Monday at 9 a.m. He described the Executive Ordinance “one of the consequences of the history of history in the history of our country”.
“Prescription drug and pharmaceutical prices are almost immediately reduced by 30% to 80%. Trump added in the social media contribution.
The pharmaceutical industry opened Trump’s announcement and pointed its fingers to high pharmaceutical prices for pharmacy managers and health insurance companies.
“This foreign first price program is a bad business for American patients. The import of foreign prices will reduce billions of dollars by Medicare, without guarantee that it helps patients or improves their access to medication. It endangers the hundreds of billions that are planning to invest our member companies in America and make us more of China for innovative medication, “said Stephen J Ubl.
Political Registered last week That the president was up to sign an order that helped to pursue the “most preferred nation” initiative for a “selection of medicinal products within the Medicare program”.
At that time politico reported that the details were allowed to change and that the president had not yet approved the plan personally.
