Understands it complex organization, but he understands it really 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 an average of over listen to this 3 times more for medication than Canadians. So you could be two feet away on each side of the border three times more.
Canada is even more than lots of other countries. My plan will allow states, wholesalers, and drug stores to do something career politicians have guaranteed for years due to the fact that it was extremely basic as an idea but never ever provided. We will finally enable the safe and legal importation of prescription drugs from Canada.
Massive numbers of incredible numbers. Florida wishes to do it, Colorado wants to do it many states wish to do it, and they will be doing it. However that's still greater than the preferred nations. So as preferred nations begins, I think that probably beats everybody no matter where you are, no matter where you're shopping.
And by enabling you to do this through Canada, we're doing it really, really rapidly. So it goes really fast. And the brand-new rule enters into effect since today. Is that fast enough? I think so. What do you think? (Applause.) Our congressmen. The America First Healthcare Strategy includes another historical arrangement to benefit our excellent seniors.
Nobody has actually seen this previously. These cards are amazing. The cards will be mailed out in coming weeks. I will always look after our terrific senior people. Joe Biden won't be doing this. (Applause.) And this is also partly due to the fact that of the tremendous cash that we're going to be conserving with the favored nations and different other things that we have actually done.
I had no idea, but I have had lots of doctors who I have fantastic regard for, by the way, concerned me. And I said, "Well what's the difference between this and this?" One is a very widely known name; one is just a tablet in a bottle without any tag on it.
So we've authorized more generic drugs than any person at a rapid pace too. We're also requiring that low-income patients get the advantages of government discounts on insulin and the EpiPen, and that you understand, that is a big that is a huge deal. That is a big deal. Insulin is one of the most common medicines for elders.
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Insulin prices skyrocketed under the last administration like you would not think. Right, Seema? Under my plan, hundreds of countless Medicare patients will see their insulin expenses capped at simply $35 a month. That's a 66 percent expense reduction. (Applause.) And this function will be get- available on over 1,600 Medicare plans that elders can start 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 great task on that. Thank you quite. (Applause.) And Seema Go to this website would concern my workplace, "Sir, I have something so exciting." She dealt with that for a long time in getting that done.
If you need insulin a lot of people were going without it. They simply could not afford it. Now they can absolutely manage it. We'll accelerate our unrelenting effort to conserve elders cash on their premiums. Because I took office, we minimized 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 - a health care professional is caring for a patient who is about to begin iron dextran. And a 54 percent lower price in Michigan. So that's something. (Applause.) And we have them all over the country. All over the nation, there are numbers simply like that. We'll ensure that all elders pay the very same cost for the exact same service, whether at a hospital, a surgery center, or a doctor's workplace.
We're discussing the billions. And it Drug Abuse Treatment also saves our federal government a great deal of money, but we'll save our senior residents billions of dollars a year. Wonderful job. We're putting into location the biggest bundle of saving for seniors of any administration in history. No administration is even near what we have actually done.
And I never even get slammed for saying it. That must suggest it's true, best? My congressman and my excellent senator. (Applause.) Under the Democrat plan, costs will escalate. Our elders will lose the advantages they paid into their whole I indicate, they have actually been spending for their entire lives tremendous amounts of money all to finance socialism and open borders.
However we assist our good friends and we help socialism all over the world and we hurt 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 look after American patients. (Applause.) The historic action I'm taking today includes the first-ever executive order to verify it is the official policy of the United States government to safeguard clients with preexisting conditions (how much does medicare pay for home health care per hour). So we're making that authorities. (Applause.) We're putting it down in a (inaudible) because our challengers, the Democrats, like to constantly discuss it, and yet pre-existing conditions are much safer with us than they are with them.
This is verified, signed, and done so we can put that to rest. They'll say it anyway because it's disinformation. (Applause.) Disinformation. Exact same thing goes for Social Security. Keep in mind, throughout the last campaign four years earlier, they kept stating I was going to damage Social Security? I made Social Security more powerful, better.
So Social Security nothing took place. I keep stating, "Whatever happened to Social Security?" Keep in mind? "He is going to right away attack." No, simply the opposite. Your Social Security is 100 percent with me, however it's not one hundred percent with them. Any health care reform legislation that concerns my desk from Congress need to protect the pre-existing 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 true about health care in texas?). (Applause.) The brand-new Democrat lie is that they will cover pre-existing conditions, but in fact, the socialist takeover, financial shutdowns that they speak about if you look at this state, honestly, where you have Democrat guvs, Democrat leaders.
Pennsylvania you have a look at what's going on in Pennsylvania with the shutdown. We just won a huge lawsuit, where a judge a fantastic federal judge ruled it unconstitutional what they were doing. They're hurting https://messiahlrae530.wordpress.com/2020/11/27/top-guidelines-of-what-is-single-payer-health-care/ individuals. There's damage on the side of a shutdown. People don't recognize, with suicides, and substance abuse, and all of the alcohol.
And Michigan is another state the shutdown is really serious. By the method, on November fourth, I make sure everything will be open. They'll reveal on the evening of November 3rd that we're opening up. (Applause.) Unless these unsolicited tallies don't come in for weeks and weeks and weeks, you know? They want them to come in over a long duration of time.