Wednesday, December 18, 2019

Trump OKs Plan for States to Buy Canada Drugs; Will Mean Lower Drug Prices for US Consumers

The Trump administration laid out a plan today (December 18, 2019) to fulfill the president's long-standing vow to lower prescription drug prices by allowing states, drug wholesalers, and pharmacies to import cheaper drugs from Canada, according to the Washington Post website.

Officials could not say when the plan might go into effect.

Curbing extremely high drug prices has been a top priority for President Trump ahead of the 2020 election, and he demanded advisers pursue options long opposed by many Republicans, including importing cheaper drugs from other countries and using some overseas prices as a benchmark for some drugs in Medicare.

Health and Human Services Secretary Alex Azar told reporters yesterday that while the administration is "moving as quickly as we possibly can," it still needs to collect public input and he could not predict a timetable for the plan's implementation.

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