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Trump announces new orders to lower drug prices, slash healthcare costs

The orders signed by US President Donald Trump would allow states to develop plans to import cheaper drugs from Canada

Donald Trump, Pompeo
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The orders "will lead to a massive reduction in drug costs," said Trump at an event in the White House.

ANI
US President Donald Trump on Friday (local time) signed four executive orders to lower drug prices.

The orders signed by Trump would allow states to develop plans to import cheaper drugs from Canada, eliminate a system of drug discounts known as rebates in a bid to simplify the system and seek to make epinephrine and insulin more affordable for some patients of certain health providers, The Hill reported.

The US President also announced an order seeking to slash the price that Medicare pays for drugs to be in accordance with the prices paid in other countries. However, the order's implementation

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