Under Trump, the Food and Drug Administration approved more affordable generic drugs than ever before.
In the eight years before President Trump’s inauguration, prescription drug prices increased by an average of 3.6% per year. Under Trump, drug prices have seen declines in nine of the last ten months, with a 1.1% drop in December.
A reformed Medicare program stops hospitals from overcharging seniors on their prescription medicine — saving Americans hundreds of millions of dollars this year alone.
President Trump also signed a bill last year, allowing some drug imports from Canada so that prescription prices will go down.
Trump signed the Right-To-Try law allowing terminally ill patients to try experimental therapies that have pass preliminary testing but haven’t yet been approved by the FDA.
Finally, Trump signed an executive order this year that forces all healthcare providers to disclose the cost of their services so that Americans can comparison shop and know how much less providers charge insurance companies.
When signing that bill, he said no American should be blindsided by bills for medical services they never agreed to in advance.
AAN Staff
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