In his ongoing campaign to expunge the Trump presidency, President Biden’s Department of Health and Human Services (HHS) executed an order that would rescind the Trump administration executive order eliminating the inflated drug prices caused by a “shadowy system of kickbacks by middlemen.”
Last July, President Trump issued four executive orders that instructed the Secretary of Health and Human Services to “end a shadowy system of kickbacks by middlemen that lurks behind the high out-of-pocket costs many Americans face at the pharmacy counter.”
Mr. Trump said the high price of insulin and epinephrine pens (EpiPens) used in emergency situations to combat severe allergic reactions that can often cause death, have cut off low-income people in “desperate” need of the medications. The slate of executive orders included a directive that required federal community health centers to pass the significant discounts they received from pharmaceutical companies on insulin and EpiPens directly to patients.
Another facet to Mr. Trump’s move to make prescription medication more affordable to the public – and especially to those who were forced out of their insurance plans under Obamacare, allowed states, wholesalers, and pharmacies to offer “safe and legal importation of prescription drugs from Canada and other countries where the price for the identical drug is incredibly lower.”
The move to rescind Mr. Trump’s cost saving measures by the HHS is just one component of the Biden administration’s government-wide effort, announced this week by the White House, to scrutinize the Trump administration’s healthcare policies. Read more…