Medicare negotiating drug prices could be the game changer Americans need

[ipatent]

Medicare negotiating drug prices could be the game changer Americans need

The push to lower drug pricing was a key part of the $6 trillion budget that Biden originally unveiled in late May. In that budget, the president proposed allowing Medicare, the federal health insurance program for elderly and disabled people, to directly negotiate drug prices with manufacturers—which it currently isn’t allowed to do. Medicare’s lack of negotiating power is largely blamed for the sky-high drug prices that many elderly Americans can’t afford.​

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I'm with the Dems on this one...how about you?

 

[Cuddles]

Medicare negotiating drug prices could be the game changer Americans need

The push to lower drug pricing was a key part of the $6 trillion budget that Biden originally unveiled in late May. In that budget, the president proposed allowing Medicare, the federal health insurance program for elderly and disabled people, to directly negotiate drug prices with manufacturers—which it currently isn’t allowed to do. Medicare’s lack of negotiating power is largely blamed for the sky-high drug prices that many elderly Americans can’t afford.​

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I'm with the Dems on this one...how about you?

DOA, but you knew that since you liked my post criticizing Sinema gutting the bill

 

[ipatent]

DOA, but you knew that since you liked my post criticizing Sinema gutting the bill

It needed its own thread. We need a popular uprising to bring it back. AARP is starting to run commercials in my area supporting the right to negotiate.

 

[Cuddles]

It needed its own thread. We need a popular uprising to bring it back. AARP is starting to run commercials in my area supporting the right to negotiate.

I honestly don't see how anyone who calls themselves capitalist would oppose it. Now, if you are a republican and prefer crony capitalism if it means engaging in culture wars, then yeah, opposing it make sense.

 

[ipatent]

The drug companies have been running some really dishonest scare commercials to try to kill it.

The Republicans oppose it because drug companies contribute to Republicans, but that doesn't mean rank and file conservatives approve of a structure that sanctions price gouging.

 

[Mercor]

The production cost of medicines is split 2 ways when to comes to selling price
First is the cost to manufacturer and market a drug, then add on a profit margin. This is the cost basis used to sell to the rest of the world
The cost of R&D, a cost that can be more then the total revenue of a drug, has been borne in the USA market only
Now they want to spread the cost of R&D in all sales, so the price goes down in the USA and higher in the developing world

 

[Cuddles]

The Republicans oppose it because drug companies contribute to Republicans, but that doesn't mean rank and file conservatives approve of a structure that sanctions price gouging.

 

[Overnight]

We should be able to opt out of Medicare and Disability payments when we turn 18. It's such a BS system.

 

[ipatent]

We should be able to opt out of Medicare and Disability payments when we turn 18. It's such a BS system.

Eighteen year olds have a lot to learn, and a lot of life surprises in store for many of them.

 

[Cuddles]

...but that doesn't mean rank and file conservatives approve of a structure that sanctions price gouging.

rank & file:

Trevor is 41 and dying of liver disease. He lives in a low-income housing facility and he doesn’t have health insurance.

“Had Trevor lived a simple thirty-nine minute drive away in neighboring Kentucky, he might have topped the list of candidates for expensive medications called polymerase inhibitors, a life-saving liver transplant, or other forms of treatment and support,” Metzl writes. But Tennessee officials repeatedly blocked efforts to expand Medicaid under the Affordable Care Act.

But Trevor is not mad at the state’s elected officials. “Ain’t no way I would ever support Obamacare or sign up for it,” he tells Metzl. “I would rather die.” When Metzl prods him about why he’d choose death over affordable health care, Trevor’s answer is telling. “We don’t need any more government in our lives. And in any case, no way I want my tax dollars paying for Mexicans or welfare queens."

https://portside.org/2019-03-13/dying-whiteness