Last Friday, President Donald Trump signed four executive orders aimed at lowering prescription drug prices.
Per a White House release, the President signed four sweeping executive orders which together will significantly lower the cost of prescription drugs while increasing access to life-saving medications such as insulin:
- The first order directs federally qualified health centers to pass along massive discounts on insulin and epinephrine from drug companies to low-income Americans.
- The second order will allow the safe, legal importation of prescription drugs from Canada and other countries where the price for identical drugs is lower.
- The third order will prohibit secret deals between drug manufacturers and pharmacy “benefit manager” middlemen, ensuring patients directly benefit from available discounts at the pharmacy counter.
- The fourth order ensures the United States pays the lowest price available among economically advanced countries for Medicare Part B drugs. The United States often pays 80 percent more for these drugs than other developed nations.
“The four orders that I’m signing today will completely restructure the prescription drug market, in terms of pricing and everything else, to make these medications affordable and accessible for all Americans,” President Trump said.
A Coast doctor was on hand to witness the signing of the orders by the President. Dr. Amber Colville practices in Ocean Springs and lives in Pascagoula. She joined Y’all Politics to talk about being invited to the ceremony, standing on stage with the President, and what these orders mean for patients.
Watch the full interview below.