×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: medicare | premiums | healthcare | aca

Trump: 'I Am Substantially Lowering Medicare Premiums'

trump looking at the camera while on the wh lawn
President Donald Trump (Mandel Ngan/Getty Images)

By    |   Thursday, 17 September 2020 10:28 AM EDT

President Donald Trump on Thursday vowed to “substantially” decrease the price of Medicare premiums after Democrats targeted him on healthcare in a recent advertising campaign.

“I am SUBSTANTIALLY LOWERING MEDICARE PREMIUMS. Have instituted Favored Nations Clause and Rebates on Drug Companies,” Trump tweeted Thursday morning. 

He added that recent ads from Democrats, including presidential nominee Joe Biden, highlighting healthcare are “fake.” The Democratic Congressional Campaign Committee and the Biden campaign have both launched ads targeting Trump and Republicans for their failure to repeal and replace the Affordable Care Act.

“Never been done before. Drug companies are hitting me with Fake Ads, just like sleepy Joe,” Trump said on Twitter. “Be careful! Drug prices will be reduced massively, and soon.”

The Trump administration recently backed off a proposed Medicaid rule that could have led to wide-scale cuts to the federal health program. 

Medicare & Medicaid Services Administrator Seema Verma said on Monday that although “the proposed Medicaid Fiscal Accountability Rule (MFAR) was designed to increase transparency in Medicaid financing and ensure that taxpayer resources support the health care needs of our beneficiaries, we’ve listened closely to concerns that have been raised by our state and provider partners about potential unintended consequences of the proposed rule, which require further study.”

© 2022 Newsmax. All rights reserved.


Politics
President Donald Trump on Thursday vowed to "substantially" decrease the price of Medicare premiums after Democrats targeted him on healthcare in a recent advertising campaign. "I am...
medicare, premiums, healthcare, aca
208
2020-28-17
Thursday, 17 September 2020 10:28 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved