Trump says Medicare beneficiaries will be sent $200 card for prescription drugs – By Cassidy Morrison (Washington Examiner) / Sept 24 2020
President Trump said Thursday that his administration would send Medicare beneficiaries charge cards with $200 available to spend on prescription drugs.
“Under my plan, 33 million Medicare beneficiaries will soon receive a card in the mail containing $200 that they can use to help pay for prescription drugs. Nobody’s seen this before,” Trump said during a campaign stop in North Carolina.
In unveiling his America First Healthcare Plan, Trump pledged that he would decrease prescription drug prices for Medicare enrollees. He added that he will lower insulin costs by about 66%.
The proposal lay out details for how the cards would be distributed or funded.
“We’re putting into place the largest package of saving for seniors of any administration in history,” Trump said.
Trump has made similar promises in the past to cut the cost of prescription drugs for older people and has touted his administration’s role in lowering Medicare Part D drug coverage premiums.