"When you open up the government's new online drugstore, the first thing you see is a banner with giant text: "Find the world's lowest prices on prescription drugs." Launched last night, TrumpRx allows Americans to purchase certain medications at steep discounts-either by buying them directly from the drug company or by showing a coupon at the pharmacy. "Thanks to President Trump, the days of Big Pharma price-gouging are over," the website says."
"TrumpRx does make a compelling case that the president has mounted an extraordinary effort to stop pharmaceutical companies from ripping off Americans. The website offers discounts on some 40 drugs-the result of months of negotiations between drugmakers and the Trump administration."
"Those with insurance-some 85 percent of Americans-typically will get a better deal using the coverage they already have than they would paying out of pocket on TrumpRx. More than three-quarters of Americans with commercial insurance are eligible to pay $20 or less for a month's supply of Xeljanz, a rheumatoid-arthritis drug. But customers paying cash via TrumpRx will still shell out more than $1,500."
TrumpRx launched as a government online drugstore promising the world's lowest prescription prices and offering discounted purchases or pharmacy coupons. Negotiations produced listings for about 40 drugs and agreements from most major pharmaceutical companies. The administration secured deep discounts on select products, including near-85% cuts for some IVF drugs and Wegovy priced as low as $199 per month. However, most Americans will not find comparable savings because many insured patients—about 85% of the population—typically receive better prices through their plans. Significant price gaps remain for some drugs, where cash prices on TrumpRx exceed insured copays by large margins.
Read at The Atlantic
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