The Open LedgerA citizen’s reference · checked October 15, 2026

P-31Partly keptHealth care

Lower prescription drug prices.

What happened

A voluntary Medicare model he announced on May 26, 2020, let seniors in participating Part D plans buy insulin for $35 a month from January 2021. His broadest step, a rule tying some Medicare Part B drug prices to lower foreign prices, was issued Nov. 27, 2020, and blocked by federal courts in December before it took effect.

Sources

  1. CMS, May 26, 2020cms.govhttps://cms.gov/newsroom/press-releases/president-trump-announces-lower-out-pocket-insulin-costs-medicares-seniors #103
  2. K&L Gates, Dec. 29, 2020klgates.comhttps://www.klgates.com/Federal-Courts-Block-Implementation-of-Most-Favored-Nation-Drug-Pricing-Rule-12-29-2020 #198

Status checked October 15, 2026. Court cases move; before relying on a pending matter, open the source for later developments.