Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.
Despite online claims, President Donald Trump’s executive orders did not include removing Medicare’s $35 monthly out-of-pocket price cap, which is set by law.
President Donald Trump voided an executive order signed by former-President Joe Biden aimed at lowering prescription drug prices.
Concern is growing among Democrats after President Donald Trump reversed some of the former president's executive orders, including efforts to reduce prescription drug costs for Medicare and Medicaid beneficiaries.
President Donald Trump rolled back a Biden administration executive order aimed at lowering prescription drug prices, including an effort to make more generic drugs available to Medicare patients for just $2 a prescription.
Trump has reversed some of President Biden’s initiatives, including $2 monthly out-of-pocket cap on some generics and experimental pricing models for gene therapies. But so far the healthcare elements of the Inflation Reduction Act remain unchanged.
President Donald Trump began his second administration with a blitz of policy actions to reorient U.S. government priorities.
The Democratic National Committee ( DNC) is going on the offense against President Donald Trump just two days into his second term, blasting the 45th and 47th President over what they say is a plan to follow through on the controversial Project 2025 agenda, including by cutting Social Security, Medicare and Medicaid.
A flurry of executive orders and other actions Trump issued on his first day back in office included rescinding directives by his predecessor, former President Joe Biden, that had promoted lowering drug costs and expanding coverage under the Affordable Care Act and Medicaid.
Experts suggest that most Americans will not experience immediate changes in their out-of-pocket health care expenses.
An executive order designed to lower the cost of prescription drugs was one of the measures rescinded by President Donald Trump on Monday.