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01 17, 19, 07:08:21:PM

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 |  All Boards  |  Current Events  |  Topic: Trump falsely claims ‘drug prices declined in 2018 0 Members and 1 Guest are viewing this topic.
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Author Topic: Trump falsely claims ‘drug prices declined in 2018  (Read 17 times)
wvit1001
Sr. Member

Posts: I am a geek!!


« on: 01 12, 19, 12:36:59:PM » Reply

 Trump asserted late Friday that drug prices declined for the first time in nearly 50 years, implying in a tweet that his administration’s efforts to speed generic drugs to market were responsible for that historic feat.

But in the context of America’s prescription drug market, the statement is both a non-sequitur and demonstrably false.

A recent analysis of brand-name drugs by the Associated Press found 96 price increases for every price cut in the first seven months of 2018. At the start of last year, drug makers hiked prices on 1,800 medicines by a median of 9.1 percent, and many continued to increase prices throughout the year.



https://www.statnews.com/2019/01/12/trump-falsely-claims-drug-prices-declined-in-2018/
dont-blameme
Contributor
Sr. Member

Posts: 58805


« Reply #1 on: 01 12, 19, 12:51:33:PM » Reply

I have to agree with that wvit as I am now paying less for what I take on a day to day basis. Matter of fact three now has no copay.
LadyRavensWing
Sr. Member

Posts: 17034


« Reply #2 on: 01 12, 19, 01:18:15:PM » Reply

"I" also heard that the so called "BIG PHARMA" companies are going to raise the prices of their toxic, side affect laden,

expensive wares again this year!

*Ldy R.* 
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