The executive order, which Biden signed in October 2022, had not spurred any lower drug prices by the time Trump revoked it Jan. 20. The order directed the Health and Human Services Department ...
President Trump reverses Biden's order to cap out-of-pocket costs for prescription drugs, potentially increasing costs for Medicare and Medicaid recipients.
Despite online claims, President Donald Trump’s executive orders did not include removing Medicare’s $35 monthly out-of-pocket price cap, which is set by law.