The following content is Americans want limited government.
One of the things we sometimes kindly say is that Joe Biden couldn’t possibly be leading the government, that there must be rogues making these terrible policy decisions for him.
What can’t be denied is that the Trump administration, whether in power or not, is mistreating elderly Americans who are simply trying to take their medicine. As with many of the world’s problems, the solution is to go back to what Donald Trump was already doing.
More than 50 million Americans enrolled in Medicare Part D have seen their premiums increase by more than 20% this year, and it’s projected that premiums could rise another 50% in 2025. What could actually lower health care costs for seniors would be for the federal government to reinstate the Trump rebate rule.
In 2020, President Trump policy The program offered seniors the opportunity to receive rebates paid by pharmaceutical companies to pharmacy benefit managers (PBMs) for priority placement on insurers’ drug lists. The rebates were designed to help seniors who need very expensive medicines. At the time, Trump proposed a specific plan to help seniors, which could have totaled billions of dollars in savings for seniors.
Trump said the rebate rule would “save billions of dollars for older Americans by preventing middlemen — so-called name middlemen — from ripping off Medicare patients on inflated prescription drug prices.”
“That means that from now on, patients will benefit, not the super-rich,” Trump said at the time. “Today’s action puts an end to this inequity and gets these discounts directly into the hands of Americans who need them the most.”
And Biden Publicly criticizing PBMs He himself said his administration repealed Trump’s kickback rules when PBMs applied for them. Litigation Others disagree. Maybe it was just a smart move to postpone the rule until it was resolved in the courts, or maybe it was a blatant political ploy to kill one of Trump’s policies and prevent him from claiming it as a reelection victory.
The latter theory seems to be borne out by the Biden administration’s signature domestic “achievement,” the so-called Inflation Control Act (IRA), which has resulted in the worst inflation in modern times. Obsolete President Trump’s drug discount rules are denying needed savings to seniors who are most at risk.
And seniors aren’t getting any money back because the Biden administration had to subsidize Chinese electric vehicles (EVs) with $300 billion in Medicare tax credits. As we previously reported:
China is taking over American companies and siphoning billions of dollars in green scam tax credits. The IRA has not stopped the Chinese government-owned green energy industry from setting up shop in America to qualify for tax credits while importing everything from China. In other words, they are stealing tax credits that should be given to American companies.
This is another example of Democrats sacrificing the needs of vulnerable Americans on the altar of their Green God.
Seniors have been especially hard hit by the economic shock of the past three years. Inflation has eaten into the life savings of people on fixed incomes who are struggling to pay for groceries and other necessities. They’ve spent their whole lives relying on the Medicare system that’s supposed to take care of them, not, increasingly, Chinese companies. Unpopular electric cars Marketplace, or prescription drug intermediaries.
In a statement last week condemning elder abuse, the Biden administration He stated proudly“Older Americans are the heart and soul of our families, communities, and nation,” he said. “We must create new opportunities to improve our nation’s prevention and response to elder abuse, neglect, and exploitation.”
Perhaps the White House could start by not gutting Medicare, which they won’t get a chance to do if Trump is re-elected in November and restores the rebate provision to provide real relief to seniors.
