
President Donald Trump stated he plans to signal an govt order to chop prescription drug costs by mandating that the US pays the identical worth for medication as whichever nation pays the bottom worth on this planet.
He stated in a social media put up that that he would signal the order at 9 am Monday, Washington time. He predicted pharmaceutical costs might drop 30% to 80%.
Trump’s Fact Social put up didn’t element how the order would work. He additionally didn’t specify potential limits on the coverage, comparable to if it might apply solely to authorities packages like Medicare or Medicaid, or if the White Home sees a option to apply this extra broadly.
This story was initially featured on Fortune.com