By Travis Gillmore
President Donald Trump addressed the nation on Thursday night to announce the launch of TrumpRx.com featuring medicine at discount prices.
“This launch represents the largest reduction in prescription drug prices in history by many, many times,” Trump said.
Administration officials touted opportunities for cost savings nationwide.
“This historic announcement will save millions of Americans their hard-earned money,” White House press secretary Karoline Leavitt said during a Feb. 5 briefing.
The administrator for the Centers for Medicaid and Medicare Services, Dr. Mehmet Oz, and National Design Studio Director Joe Gebbia will accompany the president for the prime-time address.
Trump first announced the website, which will allow consumers to purchase some pharmaceutical drugs directly from manufacturers, such as Pfizer and Amgen, among others, on Sept. 30.
Eliminating middlemen, including pharmacy benefit managers, reduces costs, officials said. Insured and uninsured Americans are expected to benefit from no prior authorizations and lower prices.
This is a breaking news story and will be updated.
