Trump's Lowering Drug Prices Orders Haven't Taken Effect Yet
The Claim
Trump took on Big Pharma and signed orders that will massively lower the cost of prescription drugs.
Emerging story
During Trump's acceptance speech at the Republican National Convention, he claimed that he has taken on big pharmaceutical companies and has substantially brought down the cost of prescription drugs. Trump signed four executive orders on July 24, aimed at lowering prescription drug prices.
Misbar’s Analysis
Misbar’s investigation found those orders haven't taken effect yet, and the text of one hasn't even been made publicly available.
According to NPR, the administration did not send this executive order to reporters and it was not immediately clear whether the president signed it. Trump said he will be meeting with pharmaceutical executives on Tuesday. NPR noted that health policy experts say the orders will likely offer patients only minimal relief and may take months to implement if they're implemented at all.
It’s misleading to say that the Trump administration has lowered the prices of drugs. The executive orders have not yet been implemented, and the implications of the orders are currently unknown.
