Caveat for drug prices - Medicaid/Medicare and cash only

That's still a great win, as people on Medicare/Medicaid can use all the extra help they can get, but this might not reach as many people as the tweets would indicate

quote:

---

U.S. President Donald Trump and nine major pharmaceutical companies on Friday announced deals that will slash the prices of their medicines for the government's Medicaid program and for cash payers, in his latest bid to align U.S. costs with those in other wealthy nations.

---

quote:

---

Under the deals, each drugmaker will cut prices on most drugs sold to the Medicaid program for low-income people, senior administration officials said, promising "massive savings" on widely used medicines without giving specific figures.

---

quote:

---

but officials said they included agreements to cut cash-pay direct-to-consumer prices of select drugs sold potentially through the TrumpRx.gov website, to launch drugs in the U.S. at prices equal to - not lower than - those in other wealthy nations and to increase manufacturing

---

It will be interesting to see if the price cuts to the cash pay price work out better for someone who's got really good insurance or not

For example, the cash price for my kids Epilepsy medicine would be $1k a month. Our BCBS plan actually gets that down to $40 a month. If the TrumpRX price was even all the way down to $200-$300, I'd still be better off going through insurance.