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U.S. President Donald Trump on Tuesday signed an executive order that aims to delay Medicare negotiations for a broad category of prescription drugs, handing the deep-pocketed pharmaceutical industry a major win as it lobbies aggressively against efforts to rein in its pricing power.
Trump's order, titled "Lowering Drug Prices by Once Again Putting Americans First," instructs Health and Human Services Secretary Robert F. Kennedy Jr. to work with Congress to "modify" the Medicare drug price negotiation program that was established under the Biden administration and has already yielded significant results despite pharma companies' best efforts to block it in court.
Specifically, Trump calls for a four-year extension of the period during which small-molecule prescription drugs are exempt from price negotiations with Medicare. Under the Inflation Reduction Act, small-molecule drugs—which are typically taken in pill form and represent 90% of medications currently in circulation—are not subject to the price negotiation process until at least nine years after their Food and Drug Administration approval date.
Trump is giving the pharmaceutical companies permission to rape the public.
When your grandmother dies from diabetes because she doesn't have $900 per month for insulin, that the MAGA morons who put Trump is office.
MAGA DID THIS.
MAGA = TREASON
Trump's order, titled "Lowering Drug Prices by Once Again Putting Americans First," instructs Health and Human Services Secretary Robert F. Kennedy Jr. to work with Congress to "modify" the Medicare drug price negotiation program that was established under the Biden administration and has already yielded significant results despite pharma companies' best efforts to block it in court.
Specifically, Trump calls for a four-year extension of the period during which small-molecule prescription drugs are exempt from price negotiations with Medicare. Under the Inflation Reduction Act, small-molecule drugs—which are typically taken in pill form and represent 90% of medications currently in circulation—are not subject to the price negotiation process until at least nine years after their Food and Drug Administration approval date.
Trump is giving the pharmaceutical companies permission to rape the public.
When your grandmother dies from diabetes because she doesn't have $900 per month for insulin, that the MAGA morons who put Trump is office.
MAGA DID THIS.
MAGA = TREASON
