Trump signs executive orders aimed at lowering drug prices


President Trump signed multiple executive orders on Friday aimed at reducing the prescription drug cost like insulin

Executive orders signed by the president will require discounts on insulin and EpiPens that were issued to some hospitals for transmission to patients; and expedite a proposal to import prescription drugs from Canada and other countries for pharmacies, wholesalers, and states. The president said the changes should eliminate “intermediaries” in purchasing drugs.

“The brokers are making a fortune,” Trump said, joking that he will likely see them in Palm Beach, Florida.

Trump said that the executives of the pharmaceutical companies will be in the White House on Tuesday and that if they do not agree on a solution, an executive order will enter into force to guarantee that Medicare plans pay the lowest price in the international pharmaceutical market.

Americans pay more for prescription drugs each year than people in any other developed country in the world, according to the Organization for Economic Cooperation and Development.

As the coronavirus crisis Just a few months before Election Day, the President has focused on healthcare, which remains an important issue for voters. Among likely voters, a CBS News poll earlier this month They found that 71% said healthcare is an “important” factor in their vote for president.

In a Fox News interview last week, Trump said he would sign a health care plan in about two weeks, without any substantial information. Any review of health care would have to be approved by a divided Congress.

“We are signing a health care plan in two weeks, a complete and comprehensive health care plan,” the president told Chris Wallace on “Fox News Sunday.” “We are going to sign an immigration plan, a health care plan and several other plans. No one will have done what I am doing in the next four weeks.”

.