Trumps plan to lower drug costs is a bait-and-switch that leaves seniors paying more.

Images Money / Flickr

*****************************************************

Recommended For You

Swift Store Platinum Edition

Platinum Upgrade for Swift Store

AdsCrisp Professional Ninja Commercial

10X Professional Tools for 20X FASTER Results using AdsCrisp.

StockNation Personal - 25,000 HD Premium Videos

Stocknation is a collection of amazing Searchable 25,000 Premium Stock HD Videos

*****************************************************

On Thursday, January 31, the Department of Health and Human Services (HHS) led by Secretary Alex Azar, announced a proposal that will have the biggest impact on the American healthcare system since the Affordable Care Act passed in 2010.

The Trump Administration aims to lower drug prices for recipients of Medicare and other government programs by banning drug makers from paying rebates to pharmacy benefits middlemen known as PBMs.

Ironically, Azar is the former president of Lilly USA, a pharmaceutical company that has been criticized for raising its prices. During his decade with Lilly, the company notoriously tripled the price of insulin.

Unfortunately for seniors, the new policy is a huge bait and switch that leaves most paying more — a fact the HHS admits in its own report.

THE BAIT

While running for president in 2016, Donald Trump promised voters that his Affordable Care Act repeal-and-replace bill would provide insurance for everyone. “There was a philosophy in some circles that if you can’t pay for it, you don’t get it. That’s not going to happen with us,” he said.

Instead, the proposal would have caused 14 million people to lose their healthcare immediately and another 10 million people to lose it over the next decade.

Luckily, it failed to pass the Senate.

In October 2018, the Trump Administration imposed new rules to make it easier for insurance providers to discriminate against sick consumers. While on the same day, he told supporters at a Philadelphia rally, “We will always protect Americans with preexisting conditions.”

WHAT HAPPENS NEXT?

The new rule includes a 60-day period for public comment. The new protections could go into effect as soon as that period passes.

*****************************************************

Recommended For You

LiteApp Studio 2.0 - Template Club

Get access to fresh professional templates each and every month

WP GDPR Fix Elite Unltd Sites Yearly

Make your Wordpress blog or site GDPR compliant with this powerful plugin that makes you compliant and protects you from penalties.

*****************************************************

It’s unlikely that this proposal will affect working Americans’ healthcare in the near future because it has been criticized by two committees overseeing healthcare in the Democrat-controlled House.

Original Article : HERE ; This post was curated & posted using : RealSpecific

This post was curated & Posted using : RealSpecific

Thank you for taking the time to read our article.

If you enjoyed our content, we'd really appreciate some "love" with a share or two.

And ... Don't forget to have fun!

Recommended

VidRankXpress Scale

A Revolutionary 1-Click Software Turns ANY Video into Endless Traffic Machine That Gets Page 1 Ranking on YouTube and Google and Drives Tons of Traffic from TOP Social Giants on 100% Autopilot.

Commission Shortcut TITANIUM PRO

Commission Shortcut is YOUR shortcut to automated affiliate commissions in 3 simple steps! 100% Cloud based app and done-for-you campaigns!

Moola Vine Traffic Coop VSL (1 Share)

1 Share in the Moola Vine Traffic Coop VSL

Leave a Reply