9/25, 4:01 PM (Source: TeleTrader)
more TeleTrader news

US drug-discount cards to be covered by Medicare trust fund - report

Discount cards for prescription drugs that are set to be delivered to senior citizens in the United States will be funded by a Medicare trust fund, The Wall Street Journal reported on Friday citing an unnamed White House official.

The idea to send $200 discount cards to around 33 million senior people on Medicare was unveiled on Thursday by US President Donald Trump under a new healthcare plan.

According to the report, the Trump administration officials will be allowed to waive Medicare’s laws or standards to test new initiatives to secure over $6 billion in funding for the discount cards that are set to be delivered by mail to US senior citizens in the coming weeks.

Breaking the News / GA