Trump unveils TrumpRx website to list lower-priced prescription drugs

President Trump announced the launch of a White House-backed site called TrumpRx, which officials say will connect consumers to sellers and display cash prices so people can compare lower-cost prescription drug options.

President Donald Trump unveiled a new website called TrumpRx at a White House event attended by Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz and National Design Studio Director Joe Gebbia. White House officials presented the site as a tool for consumers to find lower cash prices on prescription drugs. The administration said the move follows earlier negotiations with drugmakers and is linked to its broader push for price transparency and ‘‘most favored nation’’ pricing. Similar private services already exist that show cash prices or coupons for medicines. Reported details: - The announcement took place at a White House event with Dr. Mehmet Oz and Joe Gebbia present. - White House press secretary Karoline Leavitt described TrumpRx as a state-backed website intended to help consumers find lower-cost prescription drugs. - The administration previously said Pfizer agreed to lower prices for some drugs offered through Medicaid and said it reached deals with Ely Lilly and Novo Nordisk to reduce prices on some weight-loss drugs before the site’s launch. - Dr. Oz told ABC News the site will link users to pharmaceutical sellers so people can view and pay the lowest cash price without buying through insurance, and that the government site itself will not sell drugs. - The report notes existing third-party services, such as GoodRX, also help consumers identify lower cash prices and coupons. Summary: The administration presents TrumpRx as a government platform to increase price visibility and connect buyers to sellers showing cash prices. Undetermined at this time.