(Bloomberg) --
President Donald Trump said that Americans in the Medicare health-care program for the elderly and disabled will be sent $200 discount cards for prescription drugs ahead of the November election.
“Nobody’s seen this before. These cards are incredible,” Trump said. “The cards will be mailed out in coming weeks. I will always take care of our wonderful senior citizens.”
It wasn’t immediately clear who would pay for the cards or under what authority the Trump administration was providing them. Assuming they are sent to all 33 million Medicare beneficiaries, the cards would cost about $6.6 billion.
President Donald Trump said that Americans in the Medicare health-care program for the elderly and disabled will be sent $200 discount cards for prescription drugs ahead of the November election.
“Nobody’s seen this before. These cards are incredible,” Trump said. “The cards will be mailed out in coming weeks. I will always take care of our wonderful senior citizens.”
It wasn’t immediately clear who would pay for the cards or under what authority the Trump administration was providing them. Assuming they are sent to all 33 million Medicare beneficiaries, the cards would cost about $6.6 billion.