The White House said the president is signing an executive order that directs the Department of Health and Human Services to look for more ways to lower drug costs.
IRVINE, California — President Joe Biden is highlighting his administration’s efforts to lower prescription drug costs on Friday as part of his three-state Western tour this week, as he confronts a sobering inflation report in the waning weeks before midterm elections.
Biden acknowledged the issue on Thursday, saying that “Americans are squeezed by the cost of living. It’s been true for years, and folks don’t need a report to tell them they’re being squeezed.” “From prescription drugs, to health insurance, to energy bills, and so much more,” he said. “We’re standing up for working people and their right to get a raise and get a better job.”
The new law will lower drug costs for the 49 million people on Medicare in a number of other ways that have been less controversial. It makes vaccines free, caps monthly out-of-pocket insulin costs at $35, and limits out-of-pocket drug expenses at $2,000 starting in 2025.
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President Joe Biden wraps up Southern California visit with trip to IrvineAhead of the Orange County visit, Biden also signed an executive order directing the Department of Health and Human Services to explore other ways of driving down prescription drug costs.
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President Biden arrives in Southern CaliforniaPresident Joe Biden arrived in Los Angeles Wednesday evening.
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Biden pushing lower prescription drug costs in midterm pressBiden will head to a community college in Irvine, California, to meet with seniors and tout his administration’s efforts to reduce inflation and drive down costs.
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Biden pushing lower prescription drug costs in midterm pressPresident Biden will head to a community college in Irvine, California, on Friday to meet with seniors and tout his administration’s efforts to reduce inflation and drive down costs. biden prescription kprc2 click2houston
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Biden pushing lower prescription drug costs in midterm pressPresident Joe Biden will head to a community college in Irvine, California, on Friday to meet with seniors and tout his administration’s efforts to reduce inflation and drive down costs.
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Biden, campaigning with Rep. Katie Porter, promotes actions to lower prescription drug costsThe president promotes Democrats' work to lower drug costs at an Irvine event with Rep. Katie Porter, the only at-risk California lawmaker to appear with him this week.
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