Biden wanted to lower them so naturally he’s doing the opposite. I think Democrats would be wise to make this a bigger story. Whether it materially affects people’s current prescription drug bill or not, the intention is obvious and people need to know about it: The Trump administration’s first drug pricing action — rescinding a Biden executive order encouraging Medicare to help lower prescription costs — is befuddling drug pricing experts. “It is perplexing why Trump would have included receding this drug cost executive order on Day One,” said Larry Levitt, executive vice president for health policy at KFF. “It at least sends a signal that Trump may not be serious about addressing drug costs.” He’s joking, right? Trump not serious about addressing drug costs? Why, that would mean he doesn’t really care about the American people after all. That can’t be right. This expert says that it’s unclear if this will actually impact the “models” which are in various stages of development: In October 2022, former President Joe Biden issued an order directing the Center for Medicare and Medicaid Innovation to create several payment models to lower prescription drug costs. The agency announced three models in February 2023. One model encouraged Medicare prescription drug plans to offer a co-payment for certain inexpensive generic drugs capped at $2 a month per drug. Another called on state Medicaid agencies to jointly create outcome-based agreements with manufacturers for pricey cell and gene therapies. The model is intended to ensure the price that…