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2025-01-21 16:22:22
The executive order should be read in full. Trump was the first to create the provision for lowering drug costs. [Link] Biden took it further, leading to the need for a $10 billion bailout prior to the election. It’s not sustainable. [Link]
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2025-01-21 18:42:38
Trupm's provision for lowered pharmaceuticals was made voluntary for insurance companies. None of the big pharm instituted it. [Link] [Link]
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2025-01-21 19:54:41
Proposed note 1) misses key point that Biden’s implementation was not optional and 2) relies on a one-sided Fortune article that omits key context, such as the intent to spur competition and long-term cost projections. [Link]
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2025-01-21 23:20:56
Trump rescinded Biden's EO, which required the Center for Medicare/Medicaid Services to develop & test ways to lower drug prices for Medicare & Medicaid, which programs were never enacted. Current drug prices, including $35 insulin cap remain unaffected by Trumps EO [Link]
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