Trump promises $200 prescription savings cards for Medicare patients

The savings cards, which aim to offer older patients with one-time cost savings for prescription medications, are slated for shipment to 33 million Medicare beneficiaries in the next few weeks. Delivering that many savings cards will cost nearly $7 billion, money the White House administration stated will be acquired from the savings it wants to garner from the importation relaxation the president revealed Sept. 24, STAT reported.

Throughout a North Carolina campaign speech in which President Donald Trump revealed that HHS and the FDA now permit states to import drugs from Canada, he likewise exposed the federal governments strategies to send out $200 prescription savings cards to Medicare clients, according to STAT.

The New York Times reported Sept. 18 President Trumps chief of personnel, Mark Meadows, told the pharmaceutical industry it required to pay for $100 cash cards that would be provided to older Americans before the November election. This strategy was declined by the industry. PhRMA, the markets largest trade group said the strategy would “neither supply enduring help, nor advance the basic reforms essential to help elders better afford their medications.”.

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Katie Adams –
Monday, September 28th, 2020
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