Donald Trump has rescinded an executive order from President Joe Biden that sought to lower the price of drugs.
A provision about insulin in the Inflation Reduction Act is conflated with a 2022 executive order by former President Joe Biden on lowering prescription drug costs in posts online that suggest President Donald Trump has canceled the $35 insulin co-pay cap for certain Medicare programs.
President Donald Trump’s Day One executive order rescinding Biden-era Medicare and Medicaid price innovation programs signals sweeping changes to the drug and treatment pricing agency within the Centers for Medicare and Medicaid Services and perhaps a substantive shake-up in two of the largest federal social welfare programs.
The temporary moratorium on some federal financial assistance programs was set to take effect Tuesday, setting off widespread confusion.
President Donald Trump issued a flurry of executive orders during the first ... one of the orders revoked was one that lowered prescription drug costs for people on Medicare and Medicaid. Several VERIFY readers asked us if these posts are true.
The two-page memo, which is set to take effect on Tuesday night, could impact lower-income households that rely on Medicaid, school breakfast and lunch programs; and the Special Supplemental Nutrition Program for Women,
Kennedy struggled to identify and explain the fundamental aspects of Medicare, which provides coverage to older and disabled Americans.
Three of President Donald Trump's cabinet picks prepared for skepticism and intense grilling from Democratic senators during their confirmation hearings Thursday.
President Donald Trump rescinded an executive order issued by former President Joe Biden aimed at finding new models for lowering drug costs. Trump's action didn't affect the caps on seniors' drug costs or Medicare price negotiations that Biden signed into law.