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President Trump Just Took a Blowtorch to Big Pharma & Obamacare

admin July 28, 2020 News Comments Off on President Trump Just Took a Blowtorch to Big Pharma & Obamacare

Congress, Big Pharma, the FDA and lazy past presidents have put Americans with health problems through the wringer. Everyone knows it. Everyone complains about it. President Trump signed four executive orders last week that will be a massive benefit to any American with ongoing health problems. This isn’t just a tiny thing – and it’s not some tax gimmick. This is one of the most significant changes to a corrupt, rigged system that we’ve ever seen. Here’s what President Trump did.

The president’s first Executive Order bans Federally Qualified Health Centers from pocketing the discounts they receive on prescription drugs. Trump highlighted the cost of EpiPen and insulin when signing the order.

EpiPen is made by pharmaceutical company Mylan. The lifesaving auto-injector shots are a necessity for anyone with severe allergies to bee stings, shellfish, latex and other stuff. It costs Mylan about $30 to manufacture a single EpiPen. Mylan sells EpiPen to the 14,200 Federally Qualified Health Centers (FQHCs) in the US for about $40 to $50 apiece, which is a massive discount.

But thanks to FDA regulations, FQHCs are then allowed to turn around and sell EpiPen injectors to people at full market price. The FQHC pockets a huge discount, while families that need to have an EpiPen around at all times so their child doesn’t die of a peanut allergy are forced to pay $650 for it. That rip-off ended on Friday, when President Trump signed the Executive Order.

The same principle goes for insulin shots, which basically doubled in price after the federal government began implementing Obamacare in 2012. They kept ratcheting up the price of insulin to try to coerce Americans into signing up with the Obamacare exchanges.

 

Trump’s next Executive Order lifted the ban on American pharmacies, wholesalers and US states from purchasing prescription drugs from places like Canada, where the drugs are sold much more cheaply. Americans who live in border states can drive to Canada and purchase the exact same prescription, made in the same plant and packaged in the same bottle, for as much as 90% less than they cost in American pharmacies. It also applies to Medicare, which is now required to buy drugs at the same lower prices that other countries pay for them.

Trump’s third executive order is estimated to save Medicare patients billions of dollars annually. The Obamacare fraud allowed Medicare Part D prices to inflate by about 50% since 2012. That’s because a convoluted system of middlemen and insurance companies stood between patients and the drug manufacturers. The middlemen negotiate “discounts” on drug prices to supposedly save the taxpayers money on Obamacare.

But none of those cost savings were passed on to Medicare patients. Instead, the middlemen receive “rebate” checks for negotiating a discount with the federal government. Nice work if you can get it. This was yet another scam of the Obamacare fraud that President Trump just annihilated with his pen.

President Trump referred to his fourth Executive Order as “the granddaddy of them all.” Americans typically pay $7 or $8 for a single pill that costs $1 in countries with socialist medical systems like Germany and Canada. That’s because you and I as taxpayers are subsidizing the entire cost of drug research and development for the rest of the world. When liberals point to the “incredible and amazing” socialist health care systems that other countries have, the only reason why those systems are operable is because WE PAY FOR IT through higher drug costs than any other country in the world.

President Trump looked at how drug pricing really works and realized it was another NATO situation. Americans are paying for the rest of the world to have cheaper health care, while our own people are being impoverished by a rigged system. European freeloader countries have been enjoying much cheaper health care costs – not because they have a better system under socialism, as Bernie Sanders and Alexandria Ocasio-Cortez would tell you – but because everyday Americans are being gouged at the pharmacy.

We can predict that these Executive Orders will be incredibly effective and will make life better for millions of Americans, based on the mainstream media’s total blackout on this story. Not a single outlet has even mentioned that President Trump just signed four momentous orders that lower crippling prescription costs for Americans. Must be an election year or something!


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