Experts Slam Trump’s $200 Medicare Drug Card Proposal
Experts say a last-minute proposal by President Donald Trump to distribute $200 prescription drug credits to Medicare Part D enrollees on preloaded debit cards faces many unanswered questions and will be difficult to implement, especially in the short time before the Nov. 3 election. The proposal, the latest in a series of proposals and executive orders from the administration that are intended to reduce drug prices, would do little to help seniors with high out-of-pocket drug costs, they say.
“I’ll be the point guard for the Knicks before this happens,” says Joe Paduda, principal of Health Strategy Associates. “This is just another of the president’s many off-the-cuff promises, one it appears none of his staff knew about before he made it in a campaign speech.”