US President Donald Trump launched a new government website called TrumpRx.Gov, which offers deep discounts on dozens of commonly used prescription drugs. President Trump has called this step the biggest reduction in drug prices in American history.
“People will save a lot of money and be healthy,” Trump said at an event organized at the White House. He also said that some of the world’s largest drug-producing countries have agreed to lower prices under ‘most favored nation’ agreements in exchange for avoiding US tariffs.
American people will get direct benefit
According to American Trump, this will greatly benefit the American people. He called it a ‘huge deal’. Trump claimed at the White House that consumers can use the site to take advantage of discounted prices on prescription drugs through coupons that can be redeemed at pharmacies.
Actually, this plan is related to Trump’s election promises and ‘America First’ health policy. Trump says that other rich countries buy medicines made in America at low prices, while Americans have to pay three times more for them. This program will ensure that pharmaceutical companies sell medicines at the same prices as are available in other countries. Let us tell you that for a long time, drug prices in America have been skyrocketing compared to similar products around the world.
Launching with discounts on more than 40 medicines
The White House said the website launched with discounts on more than 40 popular drugs. Where users can search for the medicine they want on the site, then print a coupon and present it at a pharmacy to purchase the medicine at a discounted price.
Medicine will be available at cheap prices
Launching the website, Trump argued that Americans have long been paying higher prices for medicines than patients in other countries. “Americans were actually subsidizing the cost of drugs for the entire world, and that’s not going to happen anymore,” Trump said. According to the President, 16 of the world’s 17 largest pharmaceutical companies have signed the agreement for the pricing framework, and the rest are expected to join as well. Trump said that under the agreements, new medicines introduced in America will also have to be sold at the same lowest global price.
Trump praised the tariff policy
Trump linked pricing agreements to the use of tariffs and said he had warned other countries that drug prices abroad would increase if they did not agree to lower prices for the United States. He said, ‘Doing this will increase the prices of medicines in other countries. They had to agree, and the reason they agreed was my tariff policy.
New medicines will also be added to the website
Along with this, Anmerica’s Chief Design Officer Joe Gebbia explained the intricacies of this site. He said the site has launched with more than 40 medicines, and medicines will be added to it regularly. The site provides access via printable or digital coupons depending on the drug and manufacturer.
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