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The president of the United States, Donald Trump, announced that he has enacted two new rules to reduce the prices of prescription drugs, which are very high in the United States. Regarding drug companies, Trump said, “They don’t like me very much, but we have to do this,” and said he hopes the rules will be protected by the next administration.
Noting that his administration has lowered drug prices for the first time in 51 years, Trump said that is why the big drugmakers spent millions of dollars against him for advertising during his campaign.
SAVINGS OF 28 BILLION DOLLARS
The statement indicated that one of the rules is to pay the amount to be paid by the federal health system so that the medicine is drawn up by the doctor’s office in proportion to the prices of the medicines in other economic countries, and it was indicated that a savings of $ 28 billion over the next seven years. Trump announced that this rule will take effect on January 1, 2021.
VEHICLES WILL BE REMOVED
Another rule is the federal health system discount for brand name drugs, while Trump claimed that this approach will save patients 30 percent. Stating that drug companies will cut the money they give to middlemen, Trump said “older Americans will save billions of dollars by cutting out the middleman.”
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