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Weekend Reads Donald Trump wants to offer $ 200 worth of drugs to seniors just before the presidential election

19:20  26 september  2020
19:20  26 september  2020 Source:   pressfrom.com

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Donald Trump veut offrir pour 200 dollars de médicaments aux seniors juste avant l'élection présidentielle © Gage Skidmore / Flickr Donald Trump wants to offer $ 200 of drugs to seniors just before the presidential election This measure could cost more than $ 6 billion. But it is not certain that the US president has the legal right to do so.

“No one has seen this before. These cards are amazing. ” This is what Donald Trump said at a rally in North Carolina. As reported by Business Insider and Bloomberg , the US president took the opportunity to announce the upcoming sending of cards of 200 dollars (about 170 euros) to the elderly registered with Medicare, the insurance system- government health. These cards will be used for the purchase of prescription drugs. “They will be posted in the coming weeks. I will always take care of our wonderful seniors, ”added Donald Trump.

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According to Bloomberg, the initiative, announced less than a month and a half before the US presidential election on November 3, could cost $ 6.6 billion, or around 5.7 billion euros. But 13 million Americans with low incomes, registered with Medicare and who already receive federal assistance to better pay for their prescription drugs, could be excluded from this project. The Trump administration has not specified where the funds will come from. The Wall Street Journal reported that the money for the cards would be withdrawn from the Medicare trust fund, without this information being officially confirmed by authorities.

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In his latest bid to show that he's lowering drug prices, President Trump said he will send $ 200 drug discount cards to 33 million Americans on Medicare. The move has raised many questions, including how the roughly $ 6.6 billion in benefits will be funded. https://t.co/tumelvKVqA

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- CNN (@CNN) September 25, 2020 “Taxpayer funded bribe”

As Business Insider points out, it is not yet certain whether the The Trump administration has the legal right to do so. This announcement in any case aroused the surprise, even the anger, of the players in the sector. "As we have said before, single-use savings cards will not provide lasting aid, nor advance the fundamental reforms needed to help older people pay better for their drugs," Business told Business. Insider The Pharmaceutical Research and Manufacturers of America, a pharmaceutical industry lobby group.

Donald Trump has been in office for nearly four years. If he actually wanted to lower drug prices he would have done it already. It's as simple as that. As long as Trump is president, Big Pharma will continue to get away with murder. https://t.co/3uRCU58MzZ

- Ron Wyden (@RonWyden) September 25, 2020

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artwork. For Democratic Oregon Senator Ron Wyden, Donald Trump's move is a “taxpayer-funded bribe.” “Trump said resorting to nifty coupons that hide the fact that he totally failed é to reduce drug prices and that Big Pharma prosper under its watch. Pharmaceutical companies will pay as much for this gadget as Mexico will pay for the wall, ”he said in a statement.

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This is interesting!