Be careful what you wish for.
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This has been in the works for a while. The mechanism to start accomplishing this was passed in the IRA. Then, it takes time to do the actual work of negotiating.
“We will have tougher negotiation, more competition and much lower prices at the pharmacy counter,” Trump said in a Rose Garden address that was closely watched by drug companies and patient groups. “And it will start to take effect very soon.”
The last administration was content to just talk big and forget about it. The Biden-Harris administration has moved quite swiftly in comparison.
Careful.
Authoritarianism is a powerfully addictive substance.
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And regulatory socialism is a very slippery slope.
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Where did I mention Trump?
This is a thing that has pretty broad bipartisan support outside of the Pharma lobby.
What if we let you lie and say Trump did it, since you’re probably going to anyway?
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He issued a couple of Executive Orders in an election year to try to get this exact same thing done.
Medicare Part A or B does not pay for prescription drugs and a laundry list of other medical needs including dent, vision, hearing PT, mental health etc etc
You have to purchase a “supplemental plan” or Part D to cover those expenses and the 20% of doctors Part B doesn’t cover.
The wife and I use a Humana PPO plan. Most RX are $0. Except for a blood thinner for me but it’s affordable. Humana costs $50.00/ month for both of us and the Rx savings alone is well worth it.
Statement like “Reduced Medicare prescriptions” is a misleading statement.
- Medicare A&B is deducted from your SS benefits EVERY month and remember, as wage earners we contributed to Medicare EVERY paycheck.
- Prescriptions are paid for as explained above
- The goobermint is bastardizing Medicare giving Medicare and Medicaid benefits to illegal invaders who never paid in. So ■■■■ them.
- As a poster suggested above. Big Pharma is either going to discontinue meds that they can’t be profitable making or the supply will dwindle.
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Trump just lied and claimed credit for it yesterday.
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Authoritarianism depends on the consent of the governed. Their cooperation.
Wouldn’t it be interesting if the companies just got together and decided to govern the patents themselves? Pick the winners themselves?
What could centgov do?
There’s been some indicators of that kind of thinking recently. Ignoring the SCOTUS, things like that.
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That would run afoul of the anti trust and anti cartel laws. Of course, selective enforcement, based on who they contribute to would be a factor.
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But you’re perfectly comfortable with Harris’ lying about her role in the southern border disaster, an Israeli arms embargo, the denials of Joe Biden’s cognitive decline, defunding police, the elimination of ICE, fracking etc etc and etc?
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Again, just ignore them. What is centgov going to do about it?
Yes. Of course.
That depends on if you contributed to the current officials in power.
regulatory socialism? Is that the new name for fascism?
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Sure.
I’m not arguing that Congress should have a role in this or not or that this is not a good thing. I’m simply not going to shout to the mountains how great Biden/Harris is when there was eight years of Obama/Biden that didn’t do this.
