It is True that President Trump has rescinded Biden's order to lower prescription drug costs for people on Medicare and Medicaid

[Dante]

Healthy Returns: Trump made sweeping changes to health care in his first week

Drug pricing models rescinded

Trump rescinded an executive order from the Biden administration that created three drug pricing models aimed at lowering the cost of prescription drugs for people on Medicare and Medicaid.

The Biden administration announced the proposals in February 2023, but they had not been implemented. They included a $2 monthly out-of-pocket cap on certain generic drugs and lower costs for cell and gene therapies.

Biden's major health-care initiatives under the Inflation Reduction Act, including the $2,000 annual out-of-pocket cap on prescription drugs and the Medicare drug price negotiation program, were not affected by Trump's executive actions.

link: MSN

 

[CrusaderFrank]

Is it that President Trump has rescinded Biden's order to lower prescription drug costs for people on Medicare and Medicaid?

Check with your pharmacist and your medical insurance company. Where the Progressives I can sometimes disagree with correct, when they claimed MAGA Republicans would be all on board with hard line conservatives in going after Medicare and the Medicaid programs that address quality of life issues for seniors and others who have medical issues?

I see it is all over the much hated-by-maga legacy media as well as the social media Trump has a difficult time silencing.

Trump rolls back effort to lower Medicare, Medicaid drug costs ​

Provided by Dow Jones Jan 21, 2025 11:50am​

By Jessica Hall​

The executive order halts an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries​

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President Donald Trump, in signing dozens of executive orders on Monday, rescinded an effort by former President Joe Biden to lower drug costs by directing Medicare and Medicaid to test models that would bring down prescription-drug prices and make cell- and gene-therapy treatments more accessible.​

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Read: Trump's Day 1 executive orders target EVs, inflation, immigration. Here's what could come next.​

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In reversing the executive order Biden signed in 2022, Trump halted an effort to cap the copayment for generic medications at $2 for Medicare beneficiaries, along with another program that would see Medicare pay less for drugs that receive accelerated approval from the Food and Drug Administration.​

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The cell- and gene-therapy program, meanwhile, would have helped state Medicaid programs pay for therapies that are highly effective but expensive. The Center for Medicare and Medicaid Innovation had started the process of enrolling states in the pilot program, and the application process was expected to be open through Feb. 28.​

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Read: Trump may use Medicaid cuts to fund tax reform. These states would be hit hardest.​

I went to RiteAid to pick up aspirin and they wanted to charge me A Billion Dollar, maybe more

Tuck Frump!! Things were soooooo much better with the previous guy who had no idea where he was!