Understands it complex service, but he understands it extremely well. Today, my administration is doing something about it on every piece of the executive order I signed on prescription drug importation in July. The American individuals pay approximately over listen to this three times read more more for medicine than Canadians. So you might be two feet away on each side of the border 3 times more.
Canada is even more than lots of other countries. My plan will allow states, wholesalers, and drug stores to do something profession political leaders have guaranteed for years since it was really easy as a concept but never provided. We will lastly permit the safe and legal importation of prescription drugs from Canada.
Massive numbers of remarkable numbers. Florida wishes to do it, Colorado wishes to do it lots of states wish to do it, and they will be doing it. However that's still higher than the favored countries. So as preferred nations starts, I think that most likely beats everybody no matter where you are, no matter where you're trying to purchase.
And by permitting you to do this through Canada, we're doing it really, extremely rapidly. So it goes extremely fast. And the new guideline enters into effect since today. Is that quick enough? I believe so. What do you think? (Applause.) Our congressmen. The America First Healthcare Strategy includes another historical provision to benefit our great senior citizens.
No one has seen this previously. These cards are unbelievable. The cards will be mailed out in coming weeks. I will always look after our wonderful senior people. Joe Biden won't be doing this. (Applause.) And this is also partly since of the remarkable money that we're going to be conserving with the favored countries and different other things that we've done.
I had no concept, but I have had numerous doctors who I have fantastic respect for, by the way, concerned me. And I said, "Well what's the distinction between this and this?" One is a really popular name; one is just a pill in a bottle with no tag on it.
So we have actually approved more generic drugs than anyone at a fast speed too. We're likewise needing that low-income patients receive the advantages of federal government discount rates on insulin and the EpiPen, and that you understand, that is a big that is a big deal. That is a big offer. Insulin is one of the most common medications for seniors.
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Insulin rates soared under the last administration like you wouldn't think. Right, Seema? Under my strategy, numerous thousands of Medicare patients will see their insulin expenses capped at simply $35 a month. That's a 66 percent expense reduction. (Applause.) And this feature will be obtain- readily available on over 1,600 Medicare plans that elders can begin signing up for beginning October 1st.
This insulin, which they were simply ripping you on, is close to being free even lower than the $35 a month. So, you did a fantastic task on that. Thank you very much. (Applause.) And Seema would concern my office, "Sir, I have something so exciting." She worked on that for a very long time in getting that done.
If you need insulin a great deal of individuals were going without it. They simply couldn't afford it. Now they can certainly manage it. We'll accelerate our unrelenting effort to save senior citizens cash on their premiums. Because I took workplace, we reduced Medicare Part D premiums by 12 percent, Medicare Advantage premiums are also down considerably a 44 percent reduction in North Carolina (applause).
Forty-three percent lower in Pennsylvania - what does a health care administration do. And a 54 percent lower price in Michigan. So that's something. (Applause.) And we have them all over the nation. All over the country, there are numbers easily. We'll make sure that all seniors pay the very same cost for the very same service, whether at a hospital, a surgical treatment center, or a doctor's office.
We're speaking about the billions. And it likewise saves our government a lot of cash, but we'll save our senior citizens billions of dollars a year. Fantastic task. We're taking into location the biggest 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 indicate it holds true, ideal? My congressman and my excellent senator. (Applause.) Under the Democrat strategy, costs will skyrocket. Our elders will lose the benefits they paid into their entire I mean, they have Click for source actually been paying for their entire lives incredible amounts of money all to fund socialism and open borders.
But we help our friends and we help socialism all over the world and we hurt 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 strong.
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That's better look after American clients. (Applause.) The historical action I'm taking today includes the first-ever executive order to affirm it is the main policy of the United States government to safeguard clients with pre-existing conditions (which of the following is not a result of the commodification of health care?). So we're making that official. (Applause.) We're putting it down in a (inaudible) since our opponents, the Democrats, like to continuously speak about it, and yet preexisting conditions are much more secure with us than they are with them.
This is verified, signed, and done so we can put that to rest. They'll state it anyhow due to the fact that it's disinformation. (Applause.) Disinformation. Exact same thing goes for Social Security. Remember, throughout the last campaign 4 years ago, they kept saying I was going to damage Social Security? I made Social Security more powerful, much better.
So Social Security absolutely nothing happened. I keep stating, "Whatever took place to Social Security?" Remember? "He is going to immediately attack." No, just the opposite. Your Social Security is 100 percent with me, but it's not one hundred percent with them. Any healthcare reform legislation that comes to my desk from Congress should protect 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 not a result of the commodification of health care?). (Applause.) The brand-new Democrat lie is that they will cover preexisting conditions, but in truth, the socialist takeover, economic shutdowns that they speak about if you look at this state, honestly, where you have Democrat governors, Democrat leaders.
Pennsylvania you take an appearance at what's going on in Pennsylvania with the shutdown. We simply won a big lawsuit, where a judge a fantastic federal judge ruled it unconstitutional what they were doing. They're injuring people. There's damage on the side of a shutdown. Individuals don't understand, with suicides, and drug usage, and all of the alcohol.
And Michigan is another state the shutdown is extremely severe. By the way, on November fourth, I'm sure everything will be open. They'll announce on the evening of Go to this site November 3rd that we're opening up. (Applause.) Unless these unsolicited tallies do not come in for weeks and weeks and weeks, you know? They desire them to come in over a long duration of time.