Trump Administration Defends Plan to Lower Prescription Drug Prices

One of the main reasons healthcare costs continue to rise, is the members prescription drug costs. I wonder what our costs would look like without adding these costs. I would say that more than half of my clients run into financial difficulties, because of their drug costs.

The coverage gap is narrowing every year, but the government tends to increase the amount to reach that gap yearly. As long as there’s politics involved in the process  it seems the consumer always ends on the losing end.

Only time will tell if changes in the coverage gap and overall drug prices will make a difference in the consumers pocketbooks. There are plans by the government to lower drug costs, but as usual there are differences of opinion as to how to do it. Hopefully they can come up with a plan to benefit the consumer as opposed to being at a stalemate where nobody benefits. Dave Obregon | 888-355-1599

 The Trump administration hit back on Monday against critics of President Trump’s plan to reduce prescription drug prices, saying his ideas would be far more effective than remedies championed by Democrats.

Democrats have long supported two proposals that Mr. Trump endorsed during the 2016 presidential campaign. The government, they say, should directly negotiate with drug manufacturers to obtain lower prices for Medicare beneficiaries. And consumers, they say, should be allowed to import pills from Canada and certain other developed countries where brand-name drugs often cost less. (click here)

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