President Donald Trump stated he plans to signal an government order to chop prescription drug costs by mandating that the US pays the identical value for medication as whichever nation pays the bottom value on the planet.
He stated in a social media publish that that he would signal the order at 9 am Monday, Washington time. He predicted pharmaceutical costs may drop 30% to 80%.
Trump’s Fact Social publish didn’t element how the order would work. He additionally didn’t specify potential limits on the coverage, similar to if it will apply solely to authorities applications like Medicare or Medicaid, or if the White Home sees a method to apply this extra broadly.
This story was initially featured on Fortune.com