Understands it complicated organization, but he understands it extremely well. Today, my administration is acting on every piece of the executive order I signed on prescription drug importation in July. The American individuals pay approximately over listen to this 3 times more for medicine than Canadians. So you could be two feet away on each side of the border three times more.
Canada is much more than many other nations. My strategy will allow states, wholesalers, and drug stores to do something profession political leaders have actually promised for decades because it was extremely basic as a concept but never ever provided. We will finally permit the safe and legal importation of prescription drugs from Canada.
Huge varieties of incredible numbers. Florida wishes to do it, Colorado wants to do it lots of states want to do it, and they will be doing it. However that's still greater than the favored countries. So as favored countries starts, I believe that probably beats everybody no matter where you are, no matter where you're attempting to buy.
And by permitting you to do this through Canada, we're doing it very, very rapidly. So it goes extremely fast. And the new guideline enters into result as of today. Is that quick enough? I believe so. What do you think? (Applause.) Our congressmen. The America First Healthcare Strategy consists of another historic arrangement to benefit our terrific senior citizens.
Nobody has actually seen this in the past. These cards are unbelievable. The cards will be sent by mail out in coming weeks. I will constantly take care of our wonderful senior residents. Joe Biden won't be doing this. (Applause.) And this is also partly due to the fact that of the remarkable cash that we're going to be saving with the preferred countries and various other things that we've done.
I had no idea, however I have had lots of doctors who I have great respect for, by the method, pertained to me. And I stated, "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 without any tag on it.
So we have actually authorized more generic drugs than anyone at a quick rate too. We're also needing that low-income patients receive the benefits of federal government discount rates on insulin and the EpiPen, and that you know, that is a big that is a big offer. That is a big deal. Insulin is among the most typical medications for senior citizens.
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Insulin prices skyrocketed under the last administration like you wouldn't think. Right, Seema? Under my plan, hundreds of thousands of Medicare patients will see their insulin costs capped at just $35 a month. That's a 66 percent cost decrease. (Applause.) And this function will be avail- readily available on over 1,600 Medicare strategies that seniors can begin registering for beginning October 1st.
This insulin, which they were simply ripping you on, is close to being totally free even lower than the $35 a month. So, you did a great job on that. Thank you really https://www.google.com/maps/d/drive?state=%7B%22ids%22%3A%5B%2212cCPxSyear6VMywJTKkS0593Y8Tm0MWW%22%5D%2C%22action%22%3A%22open%22%2C%22userId%22%3A%22117422177869594849721%22%7D&usp=sharing much. (Applause.) And Seema would come to my office, "Sir, I have something so exciting." She dealt with that for a long period of time in getting that done.
If you need insulin a lot of individuals were going without it. They just could not manage it. Now they can certainly afford it. We'll accelerate our unrelenting effort to conserve elders money on their premiums. Given that 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 - who is eligible for care within the veterans health administration?. And a 54 percent lower cost in Michigan. So that's something. (Applause.) And we have them all over the country. All over the country, there are numbers just like that. We'll make sure that all senior citizens pay the exact same rate for the same service, whether at a hospital, a surgical treatment center, or a physician's office.
We're speaking about the billions. And it also saves our federal government a lot of money, however we'll conserve our elderly people billions of dollars a year. Wonderful job. We're taking into place the biggest package of saving for seniors of any administration in history. No administration is even near what we've done.
And I never ever even get criticized for stating it. That must mean it holds true, right? My congressman and my great senator. (Applause.) Under the Democrat plan, expenses will increase. Our elders will lose the advantages they paid into their whole I mean, they have actually been paying for their entire lives incredible amounts of cash all to fund socialism and open borders.
However we help our buddies and we help socialism all over the world and we hurt our people, 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 look after American clients. (Applause.) The historic action I'm taking today consists of the first-ever executive order to verify it is the main policy of the United States federal government to secure patients with preexisting conditions (how much is health care per month). 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 affirmed, signed, and done so we can put that to rest. They'll say it anyway because it's disinformation. (Applause.) Disinformation. Same thing goes for Social Security. Remember, throughout the last project four years earlier, they kept stating I was going to destroy Social Security? I made Social Security stronger, much better.
So Social Security nothing took place. I keep saying, "Whatever happened to Social Security?" Keep in mind? "He is going to instantly attack." No, simply the opposite. Your Social Security is 100 percent with me, but it's not one hundred percent with them. Any healthcare reform legislation that concerns 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 (how to qualify for home health care). (Applause.) The brand-new Democrat lie is that they will cover preexisting conditions, but in fact, the socialist takeover, economic shutdowns that they discuss if you look at this state, honestly, where you have Democrat governors, Democrat leaders.
Pennsylvania you have a look at what's going on in Pennsylvania with the shutdown. We simply won a big court case, where a judge a fantastic federal judge ruled it unconstitutional what they were doing. They're hurting people. There's damage on the side of a shutdown. People do not recognize, with suicides, and substance abuse, and all of the alcohol.
And Michigan is another state the shutdown is really severe. By the way, on November 4th, I make certain whatever will be open. They'll announce 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 desire them to come in over an extended period of time.