Dr. Jay Bhattacharya, Director of National Institute of Health, discusses behaviors to lower President Donald Trump’s prescription prices and prioritize priorities for institutions.
Wednesday, Billionaire Entrepreneur Mark Cuban expressed his support for the administrative order of President Donald Trump’s medical and drug prices on Wednesday.
“Shark Tank” “Mark Cuban, which founded the cost and drug of pharmaceutical companies and drugs in 2022, said the Trump administrative order announced earlier this week can save great prescription costs.
The Cubanian wrote about X, “You must be honest. @Realdonaldtrump EO, especially drug prices can save hundreds of millions of dollars.”
He explained six policies that he thinks that pharmaceutical producers, pharmacy benefits managers (PBMS) and pharmacy will interact and change how to save money for consumers’ drugs.
Mark Cuban starts the online pharmacy and claims to be “radically transparent.”
Entrepreneur Mark Cuba applauded President Donald Trump’s medical execution order and demanded more prescription reform. (Steven Ferdman / Getty Images / Getty Images)
Cuba said that if an independent group without economic incentives in divorce and formula, Cuba would end rebates and allow prescription drugs.
The PBM also said that the manufacturer should provide claim data to employers, stocks and manufacturers because the manufacturer cannot pay the cost and cannot reduce the retail price.
Cuba said, “There is nothing special about special pharmaceuticals,” he said, saying, “There is nothing special about special pharmaceuticals.”
Mark Cuba, along with Trump, asked where he was wrong.
Cuba has criticized Trump since his first office in 2016. (Andy Manis / Getty Images / Getty Images)
The Cuban also suggested that all pharmacies should be completely repaid the brand drugs and suggested that the general cost ratio should be eliminated because distributors can raise the price for generic due to charging threats.
Another policy that Cuba advocated was to eliminate the confidential clause to prevent the company from talking to the manufacturer, which would not only end the Biosimiller replacement request so that the PBM could replace the PBM lower the cost without replacing the more expensive version, but also leads to a better price and health plan for the patient. I think.
Cuba’s post concluded that “I came here to help me.”
Trump reveals the next industry to face the imminent ‘main’ tariffs.
Trump’s command requires regulatory reforms of the medical and pharmaceutical industry. (Getty image / Getty image)
The Trump administration’s administrative order instructed the federal agency to develop various regulations and reports related to medical and prescription drugs, including the revision of the drug price negotiation program and stabilizing the Medicare Part D premium under the inflation reduction law.
It also ordered the development of regulations to reduce the price of high -cost drugs for senior citizens under Medicare, including drugs that are not part of the price negotiation program. MEDICAID drug payment program correction; It is cheaper to save lives such as insulin and injectable epinephrine.
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Administrative orders lower competition and pharmaceutical prices in order to re -evaluate the role of brokers in the pharmaceutical value chain, and make high -cost prescription drugs competitive, and require “not to sacrifice safety or quality” without sacrificing safety or quality.
