Author Topic: Trump signs executive orders aimed at lowering drug prices  (Read 314 times)

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Trump signs executive orders aimed at lowering drug prices
« on: July 24, 2020, 10:06:45 pm »
Trump signs executive orders aimed at lowering drug prices
By Peter Sullivan - 07/24/20 04:45 PM EDT

President Trump on Friday signed four executive orders aimed at lowering drug prices, seeking to take action on a key issue for voters in an election year.

The orders signed by Trump would move towards allowing states to develop plans to import cheaper drugs from Canada, eliminate a system of drug discounts known as rebates in a bid to simplify the system, and seek to make EpiPens and insulin more affordable for some patients of certain health providers.

Trump also announced a fourth, more sweeping order, seeking to slash the price that Medicare pays for drugs to be in line with prices paid in other countries, what Trump called "most favored nation" status for the U.S.


But in a surprise move, Trump said that order's implementation would be delayed until Aug. 25 to give pharmaceutical executives, who strongly oppose the idea, a chance to propose an alternative.

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https://thehill.com/policy/healthcare/508953-trump-signs-executive-orders-aimed-at-lowering-drug-prices
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Offline Smokin Joe

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Re: Trump signs executive orders aimed at lowering drug prices
« Reply #1 on: July 25, 2020, 11:52:42 am »
Opening negotiations...
How God must weep at humans' folly! Stand fast! God knows what he is doing!
Seventeen Techniques for Truth Suppression

Of all tyrannies, a tyranny sincerely exercised for the good of its victims may be the most oppressive. It would be better to live under robber barons than under omnipotent moral busybodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end for they do so with the approval of their own conscience.

C S Lewis