Secretary Azar Lies About Trump Lowering Prescription Drug Prices
February 22, 2019
Today, Trump’s Secretary of Health and Human Services, Alex Azar, lied to cover up Trump’s broken promise and credit him for lowering the costs of prescription drugs.
Secretary Azar falsely tried to credit Trump for lowering prescription drug prices.
Azar: “In 2018, for the first time in almost fifty years, the consumer inflation measure for prescription drug prices actually went negative. We saw companies take substantially fewer price increases on brand drugs and more price cuts on all kinds of drugs after the release of the blueprint than in previous years.”
The truth is that Trump has done nothing to actually lower prescription drug costs, which continue to skyrocket.
Associated Press: “President Donald Trump claims drug prices fell in 2018 for the first time in nearly 50 years, but the evidence doesn’t appear to be on his side. A recent Associated Press analysis of prices for brand-name drugs found far more increases than cuts in the first seven months of 2018. The analysis found 96 price hikes for every price cut.”
Associated Press: “The Consumer Price Index for prescription drugs shows a 0.6 percent reduction in prices in December 2018 when compared with December 2017, the biggest drop in nearly 50 years. The government index tracks a set of medications including brand drugs and generics. However, that same index showed a 1.6 percent increase when comparing the full 12 months of 2018 with the entire previous year.”