Is this a massive grift from Trump?

I was wondering about why Medicaid is no longer going to be covering GLP-1's for weight loss starting in Jan 2026. I looked into why and it looks like the Trump administration initiated this change to medicaid (see here and here).

Then after looking into it further it looks like Trump has made a deal with two pharmaceutical companies, Norvo Nordisk and Eli Lily, to start manufacturing them and selling them directly on his website TrumpRx for around $350 per month.

Is this a massive grift? Gutting medicaid coverage of GLP-1's so he can sell them directly to patients through his website?

Author: Rare-Regular4123