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Trump Administration Announces Historic Action to Lower Drug Prices for Americans - for all

Discussion in 'North American Politics' started by ecco, Aug 3, 2020.

  1. ecco

    ecco Veteran Member

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    One of the items in the "New Threads" box was "TRUMP Lowers Prescription Prices".

    When I went to check it out, I found it was in the Conservatives Only DIR.


    Trump Administration Announces Historic Action to Lower Drug Prices for Americans
    FOR IMMEDIATE RELEASE
    July 24, 2020
    Contact: HHS Press Office
    202-690-6343
    [email protected]

    Trump Administration Announces Historic Action to Lower Drug Prices for Americans
    Today, President Donald Trump took historic action to deliver lower prescription drug prices to American patients. The President signed four Executive Orders on drug pricing directing the Secretary of Health and Human Services (HHS) to take several steps to deliver for American patients lower costs on prescription drugs, including insulin and epinephrine, and ensure Americans are getting the lowest price possible for their drugs.​



    I went to Google to see what was going on.
    I copied and pasted the thread title into Google and the first four entries that came up were all from the Administration. The fifth one was from...


    Oh, good, I thought. I can finally see what''s actually going to happen to my drug prices besides what the Trump propaganda asserts.

    The first thing that caught my eye was the date...
    Trump administration announces plan to lower drug prices
    Trump administration moves to lower pharmaceutical drug costs.
    By
    Sophie Tatum
    July 31, 2019, 2:21 PM
    2019?
    Almost exactly one year ago the Trump administration made the same kind of announcement. I haven't seen any changes to my drug prices over the past year. Have you?

    Is this just another of Trump's make the sheeples feel good headlines? Make a big splash announcement, and hope that satisfies the faithful. Then do nothing for a year and announce it all again. Yay!

    A little more digging finally brought up an article explaining the details...

    Trump Tackles an Old Promise to Lower Drug Prices
    Trump Tackles an Old Promise to Lower Drug Prices

    July 24, 2020BRANDI BUCHMAN
    FacebookTwitterEmail
    [​IMG]
    President Donald Trump holds up a signed executive order on lowering drug prices Friday in the South Court Auditorium in the White House complex. (AP Photo/Alex Brandon)

    WASHINGTON (CN) — Paying lip service to an issue often trumpeted by his campaign, President Donald Trump signed a series of executive orders Friday aimed at driving down drug prices, with little chance of enforcement before Election Day.

    Among the orders announced Friday from a stage at the Eisenhower Executive Office building set to look like a pharmacy, one directs health centers receiving discounts on EpiPens and insulin products for diabetics to pass those savings on to consumers. Seema Verma, administrator for the Centers for Medicare and Medicaid Services, notes that the average the cost of insulin for seniors would be $35.

    The executive order does not have immediate power, but Trump said Friday the directive would bring the cost of the drug down to just “pennies a day.” To enact the change, the administration would face regulatory burdens as well as likely litigation from pharmaceutical companies that have historically pushed back on any attempt by the federal government to control prices.

    Another order signed Friday would allow states, wholesalers and pharmacies to import prescription drugs from Canada where prices for identical drugs are lower.

    The administration rolled out its first iteration of this plan last December with little follow-through amid a pointed note by Kirsten Hillman, Canada’s ambassador to the U.S., that “Canada’s market for pharmaceuticals is too small to have any real impact on U.S. drug prices.”

    In yet another order, Trump said he would bring back the “rebate rule” that ends rebate payments drug manufacturers pay to insurers. The president did not elaborate on whether rebates would be completely nixed or if savings would be split with patients, and the White House has not released the text of the executive orders.

    Trump’s announcement of this order at the press conference devolved into a minutes-long diatribe against “middlemen, or -women, I guess.”

    ...

    “We’re taking bold historic very dramatic action to reduce the price of prescription drugs,” Trump said. “Previous administrations did nothing as lobbyists and drug companies ripped off our citizens.”
    There's a lot more in the article, but you get the point.
     
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  2. tytlyf

    tytlyf The Mind Eye

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    Just another distraction. Just another failed promise. Millions of Americans actually believe he has already lowered prices. The Trump regime is trying to intentionally manipulate it's elderly base.
     
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  3. sun rise

    sun rise "This is the Hour of God"
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    From what I read it was a very modest step that does not really lower drugs prices. It would allow states to legalize imports from Canada, for example. The drug industry reacted in a "horror horror the sky is falling" and American's health will be destroyed **** storm. That shows the nature of the problem is really the industry and their power.
     
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  4. Shadow Wolf

    Shadow Wolf Rival's Wife
    It's My Birthday!

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    We'll have to see. If it's like his animal abuse or criminal reform law it basically and practically won't change anything.
     
  5. metis

    metis aged ecumenical anthropologist

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    And if Trump was serious about helping Americans with their health care, then why does he want to eliminate the ACA, which insures roughly 20 million Americans, but not replace it with anything while we're in a pandemic?

    BTW, he claimed two weeks ago that he would present a "comprehensive" healthcare plan within two weeks and, gee, I haven't run across any news on that thus far. :shrug: Now, he he wouldn't be "playing us", would he? :rolleyes:
     
  6. ecco

    ecco Veteran Member

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    Does Canada get its drugs from a different "Drug Industry"? Why is Canada getting drugs much more inexpensively than the US?

    My guess would be members of Congress, from both parties.
     
  7. tytlyf

    tytlyf The Mind Eye

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    Capitalism is the reason US drug prices are higher. Think price-gouging. Legal robbery
    False equivalence. Big Pharma is supported mostly by republican congress. Corporations lobbying congress for favorable treatment with laws and regulations. All at the expense of the American people

    To think the capitalist republican party would attempt to lower prices is ridiculous. That goes against their very principles of capitalism.
     
  8. sun rise

    sun rise "This is the Hour of God"
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    It's the rest of the world vs the US.

    Drug companies are in effect buying Congress to have laws created so that those companies can make gigantic profits.
     
  9. Tambourine

    Tambourine Well-Known Member

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    From what I've read on the subject it's not just drug companies, American doctors also form a powerful lobby against public health insurance. Since the early 20th century, attempts at introducing a comprehensive public health insurance system in the US have been thwarted by these lobbies.
     
  10. ecco

    ecco Veteran Member

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    Read where?
     
  11. OtherSheep

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    The world will think that all Americans are like Biden.

    This should be fun to watch.
     
  12. Secret Chief

    Secret Chief Meghalayan Ape

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    U.S. Health Care from a Global Perspective, 2019 | Commonwealth Fund


    • The U.S. spends more on health care as a share of the economy — nearly twice as much as the average OECD country — yet has the lowest life expectancy and highest suicide rates among the 11 nations.
    • The U.S. has the highest chronic disease burden and an obesity rate that is two times higher than the OECD average.
    • Compared to peer nations, the U.S. has among the highest number of hospitalizations from preventable causes and the highest rate of avoidable deaths.
     
  13. Twilight Hue

    Twilight Hue The gentle embrace of twilight has become my guide

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    I think most will believe it when they see it.
     
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