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Dave McCormick: “Trump's put in place this...most favored nation provision on…”

Featuring: Dave McCormick, Republican | U.S. Senate, Pennsylvania

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Senator McCormick Delivers Remarks at the Pennsylvania Press Club

Published | Video Starts at 41:35

So pharmaceutical costs are about 20% of all healthcare costs. Healthcare is about 20% of the economy. So about 5% of the overall economy is drug prices. And Trump's put in place this, which isn't Trump's put in place this...most favored nation provision on drugs. which means that you can't charge less for a drug in France or India or Germany than you do in America. (41:35–41:44)

CLAIM

Asserts that a policy was implemented to prevent higher drug prices in the U.S. compared to other countries.

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