Will Consumers See Lower Prescription Costs Within 30 Days Thanks to Trump’s New Order? Experts Weigh In

On May 12, President Donald Trump signed an executive order giving drugmakers a 30-day deadline to electively lower prescription drug costs in the United States. If not, they face new limits in the future over what the government will pay.

Trump’s order has left some Americans wondering why they’re paying more for prescriptions than consumers in other countries. According to Evan P. Nadler, a doctor and the founder of ProCare Consultants and ProCare TeleHealth, the biggest problem the U.S. faces is its commitment to capitalism and the free market.

“The reason other countries get better prices is in large part because a single payer system like the National Health Service in the U.K. can negotiate the price for the entire country, unlike in the U.S., where there are private and public insurers all negotiating individually,” Nadler said.

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