Trump's order, signed shortly after his inauguration on Monday, targets policies his administrations calls "deeply unpopular" and "radical," NBC News reported. One of those now-cancelled policies directed Medicare to investigate ways to slash drug costs, including the possibility of a $2 monthly out-of-pocket cap on some generic medications.

WASHINGTON — President Trump began his second term Monday with a sweeping order aimed at reversing dozens of former President Biden’s top priorities, from regulations aimed at lowering health care costs, to coronavirus outreach, Affordable Care Act expansions, and protections against gender-based discrimination.

The move halts several pilot programs, including offering Medicare Part D recipients generic medications for a $2 copay.

Among the dozens of Biden-era executive orders he rescinded on day one, President Trump nixed one that aimed to explore new health care payment models that would lower prescription costs for Medicare and Medicaid beneficiaries.

President Trump is rescinding Biden’s Executive Order on prescription drug costs. A change that could significantly affect Americans with chronic health conditions and fixed incomes.

The majority of Americans think prescription drug costs are unreasonable and believe a major contributor to the high cost is profits made by pharmaceutical companies, a survey by KFF found.

An executive order designed to lower the cost of prescription drugs was one of the measures rescinded by President Donald Trump on Monday.

As President Donald Trump’s health care agenda for a second term takes shape, it’s becoming clear that many Biden-era policies won’t make the cut.