Trump Orders to Lower Prescription Drug Prices, Americans Will Have to Spend Less Money For Medicines

New York : US President Donald Trump signed four orders on Friday related to the reduction in the prices of drugs. Now Americans will have to spend less money on buying medicines prescribed by the doctor. It is believed that Trump took this important decision right now because he is facing criticism for not being able to properly control the Corona epidemic just before the election.

On this occasion, Trump said that one order would allow for the legal import of cheap medicines from countries like Canada, while the second order would give exemption from pharmaceutical companies which would pass through intermediaries to patients.

Another order issued by Trump, according to Reuters, is to reduce the cost of insulin. While the fourth order is such that if negotiations with pharmaceutical companies are successful, then there will be no need to implement them. Trump said that if this happens, Medicare will be available to buy medicines at the same price that other countries sell.

President Trump said that officials of top pharmaceutical companies have requested for a meeting so that they can discuss how they can reduce drug prices. Before signing the documents, Trump said, “We are putting patients before lobbyists, putting seniors before our special interests, and we are putting America first.”

It is worth noting that due to the increasing cases of Corona in America, Trump has been criticized a lot. On Friday, he also said that the White House would soon issue a proposal for a healthcare bill.