Trump Says He'll Sign Order Cutting Drug Prices 'Very Soon' [View all]

President Donald Trump said he plans to sign a “very inclusive” health-care plan “very soon” ... “I want what’s right for the people,” (I love the people) he said at a press briefing in Florida on Friday. “We’re going to bring our drug prices down to levels that nobody ever thought possible.”

He’s been seeking to repair his standing on health-care issues, particularly with senior voters. Polls have shown sentiment is souring over his handling of the coronavirus pandemic and efforts to eliminate the Affordable Care Act without having a ready replacement.

McLaughlin & Associates, a consulting and polling firm, produced a memo on July 29 for Republican leaders saying “You can’t beat something with nothing. We now have an alternative that is a winning solution — one that (will receive) broader and deeper public support than Medicare for All.”

While he provided few details, Trump announced plans for executive orders to lower prescription drug prices under Medicare by linking them to rates paid in other countries and allowing Americans to buy medication imported from Canada.

Trump plan: ‘Winning Solution’ (details coming ‘soon’)

https://financialpost.com/pmn/business-pmn/trump-says-hell-sign-order-cutting-drug-prices-very-soon