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Experts say you might not see lower drug costs any time soon under a new executive order

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High out of pocket drug prices have long forced many Americans to decide between taking their medicine in full or rationing it to make affordable. The idea behind a new executive order from President Trump is that Medicare Parts B and D would refuse to pay more for drugs than the lower prices paid by other developed nations. However, signing the order only begins a lengthy bureaucratic process that may or may not fulfill the promise. Dr. Christopher Finch, the chair of the College of Pharmacy at UTHSC, said the order has the potential to help a wide variety of patients on Medicare. Medicare Part B provides things like an outpatient prescription that cannot be self-administered, durable medical equipment, and clinical research.

 

 

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