According to him, he ordered Department of Health & Human Services (HHS) Sec. Alex Azar to start implementing reform such as ending incentives under Obamacare that encourages higher drug prices. Thus, derailing the gravey train for special interests.
Moreover, Trump stated Medicare Part D plans will have new tools to negotiate cheaper prices for more medicines. His administration will offer big incentives to companies that keep their prices low. It will ban the Pharmacist Gag Rule, which punishes pharmacists from telling patients how to save money.
“Our plan will end the dishonest double-dealing that allows the middleman to pocket rebates and discounts that should be passed on to consumers and patient… We are getting tough on the drug makers that exploit our patent laws to choke out competition. Our patent system will reward innovation, but it will not be used as a shield to protect unfair monopolies,” said the President.
Sen. Wyden says Trump fails to deliver on his promise
In response to Trump’s plan, Democratic Senator Ron Wyden of Oregon said the President failed to deliver on his promise to make prescription drugs cheaper.
