Comprehends it complicated company, but he understands it effectively. Today, my administration is acting on every piece of the executive order I signed on prescription drug importation in July. The American people pay an average of over listen to this 3 times more for medication than Canadians. So you could be two feet away on each side of the border three times more.
Canada is far more than many other countries. My strategy will permit states, wholesalers, and pharmacies to do something career political leaders Addiction Treatment have promised for decades since it was really easy as an idea but never provided. We will finally enable the safe and legal importation of prescription drugs from Canada.
Massive varieties of tremendous numbers. Florida wishes to do it, Colorado desires to do it numerous states want to do it, and they will be doing it. However that's still greater than the favored countries. So as favored nations begins, I think that probably beats everybody no Visit this link matter where you are, no matter Click to find out more where you're trying to buy.
And by permitting you to do this through Canada, we're doing it very, very quickly. So it goes very fast. And the brand-new guideline enters into effect since today. Is that quick enough? I think so. What do you believe? (Applause.) Our congressmen. The America First Health care Plan consists of another historic arrangement to benefit our excellent elders.
Nobody has seen this before. These cards are unbelievable. The cards will be mailed out in coming weeks. I will always take care of our wonderful senior residents. Joe Biden won't be doing this. (Applause.) And this is likewise partially because of the remarkable money that we're going to be conserving with the favored nations and various other things that we have actually done.
I had no concept, but I have had lots of physicians who I have terrific respect for, by the way, come to me. And I said, "Well what's the distinction in between this and this?" One is an extremely widely known name; one is just a tablet in a bottle with no tag on it.
So we've authorized more generic drugs than anybody at a quick speed too. We're also requiring that low-income patients get the benefits of federal government discount rates on insulin and the EpiPen, and that you understand, that is a big that is a big offer. That is a huge offer. Insulin is among the most common medications for senior citizens.
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Insulin prices soared under the last administration like you wouldn't believe. Right, Seema? Under my strategy, numerous countless Medicare clients will see their insulin costs capped at simply $35 a month. That's a 66 percent expense reduction. (Applause.) And this feature will be get- offered on over 1,600 Medicare plans that elders can begin registering for starting October 1st.
This insulin, which they were just ripping you on, is close to being totally free even lower than the $35 a month. So, you did a great task on that. Thank you quite. (Applause.) And Seema would pertain to my workplace, "Sir, I have something so exciting." She worked on that for a very long time in getting that done.
If you require insulin a lot of people were going without it. They simply couldn't manage it. Now they can definitely afford it. We'll accelerate our unrelenting effort to save elders money on their premiums. Considering that I took office, we lowered Medicare Part D premiums by 12 percent, Medicare Advantage premiums are likewise down dramatically a 44 percent reduction in North Carolina (applause).
Forty-three percent lower in Pennsylvania - what does cms stand for in health care. And a 54 percent lower price in Michigan. So that's something. (Applause.) And we have them all over the country. All over the country, there are numbers easily. We'll make sure that all senior citizens pay the very same rate for the very same service, whether at a hospital, a surgical treatment center, or a physician's office.
We're speaking about the billions. And it likewise conserves our federal government a lot of money, however we'll conserve our senior people billions of dollars a year. Great job. We're taking into location the largest plan of saving for senior citizens of any administration in history. No administration is even close to what we have actually done.
And I never even get slammed for saying it. That must imply it's true, best? My congressman and my great senator. (Applause.) Under the Democrat strategy, costs will skyrocket. Our elders will lose the benefits they paid into their entire I imply, they've been paying for their whole lives significant quantities of cash all to finance socialism and open borders.
But we help our buddies and we assist socialism all over the world and we injured our individuals, and we're refraining from doing that any longer. (Applause.) As long as I'm President, nobody will lay a hand on your Medicare. Your Medicare is going to be safe and it's going to be solid.
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That's much better care for American patients. (Applause.) The historic action I'm taking today includes the first-ever executive order to affirm it is the official policy of the United States federal government to secure clients with preexisting conditions (what is a single payer health care system). So we're making that authorities. (Applause.) We're putting it down in a (inaudible) because our challengers, the Democrats, like to constantly discuss it, and yet pre-existing conditions are much safer with us than they are with them.
This is verified, signed, and done so we can put that to rest. They'll say it anyhow since it's disinformation. (Applause.) Disinformation. Very same thing goes for Social Security. Keep in mind, throughout the last campaign 4 years ago, they kept stating I was going to damage Social Security? I made Social Security more powerful, much better.
So Social Security nothing occurred. I keep stating, "Whatever took place to Social Security?" Remember? "He is going to right away assault." No, simply the opposite. Your Social Security is 100 percent with me, however it's not 100 percent with them. Any healthcare reform legislation that pertains to my desk from Congress must safeguard the preexisting conditions or I will not sign it.
We're putting it down, and we have it signed and we have it sealed (which of the following is a trend in modern health care across industrialized nations?). (Applause.) The new Democrat lie is that they will cover preexisting conditions, but in fact, the socialist takeover, financial shutdowns that they talk about if you look at this state, honestly, where you have Democrat governors, Democrat leaders.
Pennsylvania you take a look at what's going on in Pennsylvania with the shutdown. We simply won a huge lawsuit, where a judge a terrific federal judge ruled it unconstitutional what they were doing. They're injuring people. There's damage on the side of a shutdown. Individuals do not recognize, with suicides, and drug usage, and all of the alcohol.
And Michigan is another state the shutdown is extremely extreme. By the method, on November fourth, I make certain everything will be open. They'll reveal on the night of November 3rd that we're opening up. (Applause.) Unless these unsolicited ballots do not come in for weeks and weeks and weeks, you know? They want them to come in over a long period of time.