FactCheck.org finds Trump's claims of massive Medicaid drug savings lack transparency and may be exaggerated

President Trump and administration officials claimed that 'most favored nation' pricing deals with drug companies would save Medicaid over $64 billion and 'rescue state budgets.' FactCheck.org reported that experts say key details remain murky, including which drugs are covered, how many states will participate, and whether the projected savings—less than 2% of annual Medicaid spending initially—are realistic. The deals are largely confidential, and some companies have indicated only select products are included, undermining the administration's rosy projections.

“The Council of Economic Advisers estimates that the most favored nations deals that we’re extending to states today will save Medicaid over $64 billion, and that’s over a relatively short period of time.” — During a speech touting the administration's drug pricing deals Quote verified against source