11 — He’s lowering prescription drug costs for seniors.
20 Reasons to Re-Elect President Trump
As part of President Trump’s Medicare reform program, prescription drug costs have been falling consistently since 2017.
According to the Centers for Medicare and Medicaid Services:
“The average basic Part D premium will be approximately $30.50 in 2021. The 2021 and 2020 average basic premiums are the second lowest and lowest, respectively, since 2013.”
“This trend of lower Part D premiums, which have decreased by 12 percent since 2017, means that beneficiaries have saved nearly $1.9 billion in premium costs over that time.”
“Further, Part D continues to be an extremely popular program, with enrollment increasing by 16.7 percent since 2017.”
Also, for the first time, Part D will cover insulin for just $35 a month per prescription.
President Trump also issued an Executive Order designed to lower Medicare drug prices even more.
The order establishes a new purchasing policy, tying drug prices to the “most-favored-nation”.
This means that Medicare will not pay more for a drug than the lowest price paid by other countries.
For example, if drug X is selling for $5 in Denmark, $7 in Mexico, and $10 in New Zealand then, under Trump’s policy, the United States would not pay more than $5 for the drug. Hence, the “most-favored-nation” price.
This ends the abusive practice of having the United States always pay the highest price.
Another four years of Trump means continued Medicare reform, more choices for seniors, lower costs, and no socialist healthcare programs, like “Medicare for All”.
- Full List
- Previous: 10 — He pulled the U.S. out of the Iran Nuclear Deal.
- Next: 12 — No new wars!
Article references (5):
- Centers for Medicare and Medicaid Services (2)
- The White House
- Washington Examiner
- UPI
