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.â€

© 2024 MMIT
Peter Johnson

Peter Johnson

Peter has worked as a journalist since 2011 and has covered health care since 2020. At AIS Health, Peter covers trends in finance, business and policy that affect the health insurance and pharma sectors. For Health Plan Weekly, he covers all aspects of the U.S. health insurance sector, including employer-sponsored insurance, Medicaid managed care, Medicare Advantage and the Affordable Care Act individual marketplaces. In Radar on Drug Benefits, Peter covers the operations of (and conflicts between) pharmacy benefit managers and pharmaceutical manufacturers, with a particular focus on pricing dynamics and market access. Before joining AIS Health, Peter covered transportation, public safety and local government for various outlets in Seattle, his hometown and current place of residence. He graduated with a B.A. from Colby College.

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