Posted on 10/02/2025 9:36:37 AM PDT by SeekAndFind
President Donald Trump on Tuesday announced a multipronged effort aimed at lowering drug costs in the United States, including the creation of a “TrumpRx” direct-to-consumer website where Americans can buy medicine at discounted prices and a sweeping deal with Pfizer to reduce the prices of many of its products.
“The United States is done subsidizing the health care of the rest of the world,” Trump said at a news conference. “By taking this bold step, we’re ending the era of global price gouging at the expense of American families.”
Pfizer is the first drugmaker to voluntarily agree to all the demands Trump laid out in a July letter to pharmaceutical company CEOs. The president signaled others might soon follow.
Pfizer will sell drugs to Medicaid and set prices of new drugs at “Most Favored Nation” levels, the lowest price made available in peer countries. It will sell many of its primary care medicines and some specialty brand-name drugs at a 50% savings, on average, at TrumpRx, the company said. And it will expand its domestic manufacturing, while receiving a three-year reprieve on certain tariffs on pharmaceutical imports.
The TrumpRx site, which will not go live until early 2026, will not sell or distribute medications, a senior administration official told reporters Tuesday. Consumers will be able search for their medicines and will be redirected to manufacturers’ direct-to-consumer channels.
The efforts come as Trump has been haranguing drugmakers for months to lower their prices for US patients. But he acknowledged on Tuesday that his actions may result in prices rising in other countries, while coming down in America — calling that “fair.”
Industry experts have questioned whether his efforts will truly lower the prices Americans pay for drugs, which often depend on insurance coverage.
(Excerpt) Read more at edition.cnn.com ...
“Most Favored Nation”....about time...
Give the man a gold star.
I’m still trying to get past this story taking FOUR females to write......is President Trump THAT intimidating to them? Lol!
Wish he would name it AmericaRx or something instead. If it does succeed the dims will rename it to one of their faggy cohorts if they take over one day. I hated the name ObamaCare as well even though it is equivalent to the pos that created it and should be named after his worthless keister.
Pfizer? No thanks.
Is it only for people on medicaid!? I haven’t been able to afford my medicine for years on medicare.
Why am I skeptical?
Maybe because my monthly premium more than doubled with Aetna for 2026 with another increase in the deductible. I believe that the increases here are to compensate for the elimination of the donut hole where those who required more drugs had to pay for them. Now with the donut hole gone everybody pays more upfront to cover for the cost of eliminating the donut hole.
Again, I am skeptical about TrumpRx....
People on Medicaid already get their meds for next to nothing. What about the rest of us?
It was never named ‘Obamacare’; people just call it that.
And what little we know so far indicates that TrumpRx will be a very different thing, a website where people can buy drugs directly.
Should have been done decades ago. Democrats won’t support it because they do not want to fix the system. They want to destroy it so they can build a new one in their own warped image.
People on Medicaid get their meds paid for with other peoples' money.
Wanna see one of those "other people"?
LOOK IN THE MIRROR.
“his actions may result in prices rising in other countries”
Good. It’s about time.
PFIZER? I’m with you. In truth, I can’t remember the last time I took a RX or OTC med.
Yikes, just remembered, when I broke my arm in 3 places three years ago, I took opioids for pain.
Indeed for the people in action.
Democrats kick dog
Pfizer should be bankrupted from lawsuits pertaining to the Covid killer “vaccine”.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.