"It increases transparency; in many instances, prices are 80% lower than they are today,"
"No more Canadian detours to purchase drugs more inexpensively at our neighbor. You do it from home. You do it with a click."
"Most people need insurance to pay for expensive drugs,"
"Hard to imagine prices here are lower than net prices. Definitely not lower than most out of pocket payments."
A direct-to-consumer federal website named "TrumpRx" will allow consumers to purchase discounted prescription drugs directly from the government. The initiative claims increased transparency and asserts that many prices will be up to 80% lower than current levels. The site is expected to launch soon, though the specific prescriptions to be offered have not been specified. Pfizer agreed to sell certain drugs to Medicaid at lower prices. An executive order sought 'Most Favored Nation' pricing and letters were sent to major drugmakers urging price reductions. Economists caution the program may have limited market impact because insurance and net pricing determine most patients’ costs.
Read at Business Insider
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