Summary
President Trump discussed his plan to lower U.S. drug prices during his State of the Union address. He encouraged Congress to support his "most-favored nation" strategy to match drug costs with those in other developed countries. Critics argue that many Americans may not notice any changes in their drug bills.
Key Facts
- President Trump addressed drug pricing in his State of the Union speech.
- He wants a "most-favored nation" rule to lower U.S. drug prices to match other countries.
- Trump's plan includes the TrumpRx website for drug price discounts.
- Trump stated drug prices in the U.S. went from highest to lowest globally.
- Some experts and economists believe most Americans won't see price changes soon.
- Trump criticized health insurers and suggested redirecting funds directly to people.
- Democrats and advocacy groups disagreed, stating health costs are still high.
