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President Donald Trump The brave executive order on drug prices is not just politics – it is a revolution in health care accessibility. The plan is simple and yet transformative: ensure that Americans are no longer paying for medicines than the citizens of other rich nations.
Consider this great reality: a GLP-1 drug Costing $ 88 in London orders $ 1,000 in the United States. Even after a discount of the manufacturer, the Americans continue to pay more than $ 400 – for identical medicines, from the same company, manufactured in the same facility. This inequality is especially bile when pharmaceutical companies pull out 70% of their profit from America – a nation that represents only 4% of the world’s population. This global free riding American patients now ends.
Industry leaders recognize this imbalance. I have already worked with executive directors from four main American pharmaceutical companies and a foreign manufacturer eager to move to the US, their answer was encouraging, but we are ready to act decisively if necessary. American health and human services and Medicare and Medicaid Services Centers (CMS) They have legal authority to surrender the dedication of President Trump: other developed countries have to pay more, so that Americans can pay less, preserving the innovation pipeline.
Americans deserve both revolutionary therapies and accessible access to them. Still according to the Kaiser family Foundation, almost one -third of patients skip the prescribed medicines due to the cost– an unacceptable reality in the richest nation in the world.
Although prevention through a healthier lifestyle remains our best strategy for reducing drug addiction, certain treatments will always be key. The pharmaceutical industry has provided remarkable progress in cancer therapies and autoimmunes that are of use to patients around the world.
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We are continuously appreciated by innovation as a basic American principle, but we cannot indefinitely subsidize global medical progress, while other rich nations contribute disproportionate little.
President Donald Trump, accompanied by the Secretary of Health and Human Services, Robert F. Kennedy Jr., left, he spoke during the oath ceremony for Dr. Mehmet Oz as Administrator Medicare and Medicaid Services in the oval office in the White House on April 18. (Andrew Hardik/Getty Images)
The negotiating approach of President Trump has already proven to be effective NATOwhere European countries responded to responsibility by making historical re -investments that strengthened the Alliance. The same principle is applied here. President and I stand United: Global free ride to American patients must end.
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Cms, with Dr. Mehmet Oz The forehead extends beyond the payment reform to the fundamental diverting of the stimulus to provide care. This initiative will protect the safety nets for the vulnerable population while dealing with financial pressures that state partners and federal programs face – especially Medicaid, which recorded dramatic growth and costs.
Next months will be crucial in achieving President Trump prescription for healthier America – one where innovation Treats, and patients no longer take over the unjust share of the global health care burden.
