Trump plans first major speech on drug prices next week Trump to give speech on lowering drug prices this month

Trump plans first major speech on drug prices next week

The cost of prescription drugs has been a top concern of Republican and Democratic voters since before Trump was elected.

By signing up you agree to receive email newsletters or alerts from POLITICO. But it would benefit those patients with high drug costs. ADVERTISEMENT "You'll be seeing drug prices falling very substantially in the not-so-distant future, and it's going to be beautiful," Trump said at the time. Trump has accused drug companies of “getting away with murder” with high prices but has so far not proposed sweeping actions against drug prices that would draw strong opposition from drug companies.

Trump to give speech on lowering drug prices this month

The speech will include a request for information on ideas to lower drug prices.

Lobbyists say a possible proposal that could be included is shifting drugs from Medicare Part B into Part D, where there is more negotiation over the price. Trump's 2019 budget proposal included a wide array of changes to Medicare and Medicaid aimed at tackling the cost of medicines. Missing out on the latest scoops? Gidley said the date of the speech is subject to change. Don't miss a brief. The policy would likely lead to higher premiums, which the government subsidizes.