Don't worry, getting rid of state lines, which will promote competition, will be in phase 2 & 3 of healthcare rollout. @foxandfriends
— Donald J. Trump (@realDonaldTrump) March 7, 2017
But that's a lie. The federal government can't erase state lines. It would be a violation of the US Constitution, giving the states the right to regulate the insurance market within their borders.
On top of that, selling insurance across state lines is already legal, but not a single insurance plan has been sold across state lines because, one, insurers from one state do not have the networks in other states, and two, each states has different regulations that the federal government can't legally repeal.
Then he said this:
I am working on a new system where there will be competition in the Drug Industry. Pricing for the American people will come way down!
— Donald J. Trump (@realDonaldTrump) March 7, 2017
Which is also a lie. Trump can't do that because of the patents for drugs. When a drug maker has a patent for a drug, the patent prohibits competitors from making a similar, generic or biosimiliar drug for YEARS. That guarantees a monopoly for drug makers that sometimes they expand by buying companies that make competing generics.
And there's NO WAY Trump will be able to change that. Much less when a few weeks ago Trump said he won't put price caps on drugs.
So no, Trump won't lower prices for drugs at all. He's just lying in order to appear like he's governing when in reality he has no clue.
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