Comprehends it complicated company, however he comprehends 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 people pay an average of over listen to this three times more for medicine than Canadians. So you might be 2 feet away on each side of the border 3 times more.
Canada is far more than numerous other countries. My strategy will enable states, wholesalers, and pharmacies to do something profession political leaders have actually assured for years since it was really easy as an idea but never ever provided. We will lastly enable the safe and legal importation of prescription drugs from Canada.
Huge numbers of significant numbers. Florida wants to do it, Colorado wishes to do it many states desire to do it, and they will be doing it. But that's still greater than the preferred countries. So as preferred countries kicks in, I think that probably beats everybody no matter where you are, no matter where you're shopping.
And by permitting you to do this through Canada, we're doing it very, really quickly. So it goes very fast. And the new guideline enters into result as of today. Is that fast enough? I believe so. What do you believe? (Applause.) Our congressmen. The America First Health care Strategy includes another historic arrangement to benefit our fantastic senior citizens.
No one has actually seen this before. These cards are amazing. The cards will be sent by mail out in coming weeks. I will always look after our fantastic elderly people. Joe Biden won't be doing this. (Applause.) And this is also partly due to the fact that of the remarkable money that we're going to be saving with the preferred nations and different other things that we have actually done.
I had no idea, however I have had many physicians who I have excellent respect for, by the method, pertained to me. And I said, "Well what's the difference between this and this?" One is a very popular name; one is just a pill in a bottle without any tag on it.
So we have actually approved more generic drugs than any person at a rapid pace too. We're likewise requiring that low-income clients get the advantages of federal government discounts on insulin and the EpiPen, and that you understand, that is a big that is a huge offer. That is a huge deal. Insulin is one of the most typical medications for elders.
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Insulin prices soared under the last administration like you would not think. Right, Seema? Under my plan, numerous thousands of Medicare clients will see their insulin expenses topped at simply $35 a month. That's a 66 percent cost reduction. (Applause.) And this function will be avail- readily available on over 1,600 Medicare plans that elders can start signing up 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 wonderful task on that. Thank you really much. (Applause.) And Seema would concern my workplace, "Sir, I have something so amazing." She dealt with that for a very long time in getting that done.
If you require insulin a great deal of individuals were going without it. They just could not afford it. Now they can absolutely afford it. We'll accelerate our ruthless effort to conserve senior citizens 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 decrease in North Carolina (applause).
Forty-three percent lower in Pennsylvania - what is health care. And a 54 percent lower rate in Michigan. So that's something. (Applause.) And we have them all over the country. All over the nation, there are numbers just like that. We'll make sure that all seniors pay the very same cost for the very same service, whether at a medical facility, a surgical treatment center, or a medical professional's workplace.
We're talking about the billions. And it likewise conserves our federal government a great deal of cash, but we'll conserve our senior people billions of dollars a year. Wonderful job. We're putting into place the biggest package of conserving for elders of any administration in history. No administration is even near what we've done.
And I never even get slammed for saying it. That must suggest it holds true, right? My congressman and my great senator. (Applause.) Under the Democrat strategy, expenses will escalate. Our senior citizens will lose the benefits they paid into their entire I imply, they've been paying for their entire lives tremendous amounts 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 not doing that any longer. (Applause.) As long as I'm President, no one 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 better take care of American patients. (Applause.) The historic action I'm taking today consists of the first-ever executive order to affirm it is the main policy of the United States federal government to safeguard patients with preexisting conditions (what does a health care administration do). So we're making that official. (Applause.) We're putting it down in a (inaudible) because our challengers, the Democrats, like to continuously speak about it, and yet pre-existing conditions are much safer with us than they are with them.
This is affirmed, signed, and done so we can put that to rest. They'll state it anyway since it's disinformation. (Applause.) Disinformation. Very same thing chooses Social Security. Keep in mind, throughout the last project 4 years earlier, they kept stating I was going to ruin Social Security? I made Social Security more powerful, better.
So Social Security nothing occurred. I keep stating, "Whatever occurred to Social Security?" Keep in mind? "He is going to immediately assault." No, Alcohol Detox just the opposite. Your Social Security is one hundred percent with me, but it's not 100 percent with them. Any healthcare reform legislation that concerns my desk from Congress need to secure the preexisting conditions or I will not sign it.
We're putting it down, and we have it signed and we have it sealed (what does cms stand for in health care). (Applause.) The new Democrat lie is that they will cover preexisting conditions, however in fact, the socialist takeover, economic shutdowns that they talk about if you take a look at this state, frankly, where you have Democrat guvs, Democrat leaders.
Pennsylvania you have a look at what's going on in Pennsylvania with the shutdown. We simply won a big lawsuit, where a judge a great federal judge ruled it unconstitutional what they were doing. They're injuring people. There's damage on the side of a shutdown. People don't understand, with suicides, and substance abuse, and all of the alcohol.
And Michigan is another state the shutdown is very serious. By the way, on November 4th, I make certain everything will be open. They'll reveal on the evening of November 3rd that we're opening up. (Applause.) Unless these unsolicited tallies do not come in for weeks and weeks and weeks, you understand? They want them to come in over an extended period of time.