Daily Dumb: Drugs will be cheaper if Companies Cut Middlemen Because Europe.

Bray123

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https://www.breitbart.com/politics/...e-middlemen-making-europe-pay-its-fair-share/

I couldn't really follow this, but it's NotTooBrightBart so some Trumptard can hopefully explain.

Pharmacy Benefit Managers (PBMs) middlemen drive up drug prices by roughly 50 percent. PBMs and big insurance companies take 25 percent. Along with massive hospitals, they abuse a little-known government program called 340B to take another $66 billion or 10 percent. Government middlemen take the rest through statutory rebates and fees.

“We’re going to knock out the middleman. We’re going to get drug costs down at levels that nobody has ever seen before,” Trump said in December. “The horrible middleman that makes more money, frankly, than the drug companies, and they don’t do anything except they’re a middleman.”
Biden ditched Trump’s rebate rule in his so-called Inflation Reduction Act. It cost seniors billions and made PBMs billions more. Reinstating the rebate rule will return billions to seniors and lower their drug prices.
That was the rule that cut the cost of insulin to $35. How it cost seniors billions is not clear.
This week, Trump signed an executive order to make healthcare prices transparent. “When healthcare prices are hidden, large corporate entities like hospitals and insurance companies benefit at the expense of American patients. Price transparency will lower healthcare prices and help patients and employers get the best deal on healthcare,” said the White House. Trump will expose 340B abuse through this executive order and lower drug prices even more by making the middlemen show their true prices.

Trump will bring lower drug prices by making Europe pay its fair share.
Europe does not have PBMs and the Fraudster has no influence on the lower prices paid by Europe. The IRA cannot be repealed by Executive Order.
https://www.reuters.com/fact-check/...ump-order-prescription-drug-costs-2025-01-28/
He does seem to agree that profiteering by big Pharma means raised prices for Americans though. Do the cult supporters agree that the world will be a better place if the US has smaller hospitals and Big Pharma immense profits are curtailed?
 
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