On Thursday, President Biden’s US Department of Health and Human Services (HHS) killed off Trump executive orders that were designed to lower prescription drug prices significantly for Americans, including insulin and epinephrine. The cost of insulin is a real problem for diabetics in America.
The administration says it is going to re-evaluate the executive action from Trump by the end of March. At this point, nobody knows if the lowering of drug prices will ever come back.
On Thursday, Bloomberg Law reported, “The HHS Thursday froze the former Trump administration’s December drug policy that requires community health centers to pass on all their insulin and epinephrine discount savings to patients”
“Centers that don’t pass on the savings wouldn’t qualify for federal grants.”
“This freeze is part of the Biden administration’s large-scale effort announced this week that will scrutinize the Trump administration’s health policies,” the report noted. “If the previous administration’s policies raise ‘fact, law, or policy’ concerns, the Biden HHS will delay them and consult with the Office of Management and Budget about other actions.”
A Bloomberg Government reported pointed out that the Biden administration is on a “different page” entirely concerning lowers drug prices than the Trump administration, citing the Biden team believing “at least a dozen lawsuits … over Trump-era moves to lower drug prices”:
“Biden enters the presidency with at least a dozen lawsuits waiting over Trump-era moves to lower drug prices, an issue the new administration will likely tackle in its own way. The Department of Health and Human Services under Biden inherits challenges to rules that tie drug reimbursement to cheaper foreign drug prices and allow medication imports from Canada. It also faces complaints over Trump’s push for drugmakers to ship discounted drugs bought by low-income health centers to commercial contract pharmacies.”
Why would an American president do this to the American people?
Do you know how many people the lowering of prescription drug prices would help? The problem that the Trump administration understood is that the same pharmaceutical companies that charge an arm and a leg for their drugs in the United States charge other countries less for the same drugs, sometimes a lot less.
Trump signed four executive orders in July that directed the secretary of Health and Human Services (HHS) to “end a shadowy system of kickbacks by middlemen that lurks behind the high out-of-pocket costs many Americans face at the pharmacy counter,” the department announced at the time. The department said it would provide Americans with more options for buying drugs.
Always thinking about the American people President Trump at the signing ceremony said that the high price of insulin and EpiPens literally cut off low-income American that are in desperate need of the treatments. They couldn’t afford the drugs.
“The four orders I’m signing today will be on the prescription drug market in terms of pricing and everything else to make these medications affordable and accessible for all Americans,” Trump said, as he was surrounded by health care professionals. “The first order will require federal community health centers to pass the giant discounts they received from drug companies on insulin and EpiPens directly to their patients. You know insulin became so expensive people weren’t able to use it. They desperately needed it.”
“We have it to a level that you’re not going to believe,” he continued. “EpiPens — likewise you have been hearing horrible stories about EpiPens over the last six or seven years, horrible, horrible, horrible increases for where they went to almost nothing to massive amounts of money. We’re changing that right now.”
“Under this order,” Trump added, “the price of insulin for affected patients will come down to just pennies a day, pennies a day from numbers that you weren’t even able to think about. It’s a massive cost savings.”
Trump said providers “should not be receiving discounts for themselves while charging their poorest patients massive full prices.”
Donald Trump, love him or hate him, was a president for the people and not the elitists. That’s why the Woke Supremacists had to get rid of him at any cost. He truly is the blue-collar billionaire.
Trump also mentioned that not only were they going to end the “shadowy system of kickbacks by middlemen,” but another executive order allowed states, pharmacies, and wholesalers to provide safe and legal importation of prescription drugs from Canada and other countries where the price for the identical drug is incredibly lower.”
The Biden administration is proving to be the exact opposite of the Trump administration. They are hammering the middle class and working-class families with taxes and regulations that are going to harm real families. It takes me back to the days of the Obama administration when it seemed like every day the Democrats were doing something to harm more Americans. That nightmare has returned.