Dems Slam Drugs Plan: Trump Failed to Prevent Pharmaceutical Price Gouging

Dems Slam Drugs Plan: Trump Failed to Prevent Pharmaceutical Price Gouging
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Flickr/ Jim BowenUS05:26 12.05.2018Get short URL
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WASHINGTON, May 12 (Sputnik) – US President Donald Trump’s proposal to address rising drug costs will not prevent pharmaceutical companies from hurting millions of Americans with unfair price hikes, House Minority Leader Nancy Pelosi said in a press release.

“The President’s proposals… do nothing to hold wealthy drug companies accountable for their unconscionable price gouging,” Pelosi said on Friday.

Earlier in the day, the White House unveiled a blueprint to bring down the cost of US drugs. Health and Human Services Secretary Alex Azar said the plan will allow patients to choose lower-priced medications, including generics, and increase market competition.

Pelosi also accused Trump of breaking his promise to US voters by not allowing Medicare, the government-funded healthcare provider, to negotiate lower drug prices which would save seniors “billions of dollars at the pharmacy.”

Pelosi said Trump should work with Democrats on a better plan that will help millions of Americans to save money on medications.

According to a press release from the White House, the United States had the highest per-capita spending on pharmaceuticals of any country in 2015.

Source.