Summary
President Donald Trump announced a deal with Pfizer to reduce drug costs, ensuring Americans don't pay more than other countries for the same medications. TrumpRx, a new website, allows Americans to buy drugs directly from manufacturers, offering significant savings. This approach aims to help those with high deductibles and limited insurance coverage.
Key Facts
- President Trump announced a pricing deal with Pfizer for more affordable drug prices.
- The deal introduces "most favored nation" pricing for Medicaid and all new American patients.
- TrumpRx is a new website for direct drug purchases, potentially reducing costs substantially.
- The direct-to-consumer (DTC) model provides about an 80% discount on drugs like Eucrisa.
- DTC pricing could help insured Americans who face high out-of-pocket costs or deductibles.
- The model aims to eliminate middlemen, reducing drug costs for American patients.
- The plan includes potential expansion ideas like "direct-to-health plans pricing" to cut costs further.
