Trump proposal to cut drug prices promises immediate impact
American Patients First aims to increase competition for medicines and reduce patients’ out-of-pocket costs.
By Anna Edney|May 11, 2018 at 03:21 PM
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Donald Trump said he would propose the most sweeping plan in U.S. history to lower drug prices, an attempt to meet a promise from his campaign that has largely gone unaddressed so far in his presidency.
“We’ll have much lower prices at the pharmacy counter and it’ll start taking effect immediately,” Trump said in a speech in the White House Rose Garden. “We’re also increasing competition and reducing regulatory burdens so drugs can be gotten to the market quicker and cheaper.”
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