All I can say…it’s about time. Why do we even need executive order in first place?
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Don’t answer…we all know why.
What’s about time?
“The Pharmaceutical/Drug Companies would say, for years, that it was Research and Development Costs, and that all of these costs were, and would be, for no reason whatsoever, borne by the ‘suckers’ of America, ALONE. Campaign Contributions can do wonders, but not with me, and not with the Republican Party,”
“We are going to do the right thing, something that the Democrats have fought for many years, therefore, I am pleased to announce that Tomorrow morning, in the White House, at 9:00 A.M., I will be signing one of the most consequential Executive Orders in our Country’s history. Prescription Drug and Pharmaceutical prices will be REDUCED, almost immediately, by 30% to 80%.”
“I will be instituting a MOST FAVORED NATION’S POLICY whereby the United States will pay the same price as the Nation that pays the lowest price anywhere in the World, our Country will finally be treated fairly, and our citizens Healthcare Costs will be reduced by numbers never even thought of before. Additionally, on top of everything else, the United States will save TRILLIONS OF DOLLARS.”
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If this holds out, it will go into the best things Trump has accomplished thread. It is ridiculous for the US to fund medical research while Japan and Europe get a free ride.
It’s got to be a bit more complicated than we have heard so far. Perhaps an adjustment to allow poorer countries to get some,sort of break. Otherwise drug companies would just have to tell those countries they couldnt have drugs for their people because it would put the most favored country clause in effect.
I’m wondering if this can go in effect unless congress passes it as a law, too. It’s a good idea but it’s a bit “pen and a phone” ish.
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Good thoughts, BUT consider the following:
1
That is what we are doing right now.
2
The US is less than 5% of the World’s population.
More than half the world’s populaton lives here.
3
Right now in the US
“The list price for each indicated dose of Keytruda given every 3 weeks is $11,564.16” SOURCE: KEYTRUDA.COM
(Goes as low as $5,200)
4
Right now in China, India etc.
it is $2,600 per 100mg/4mL vial and goes as low as $1,350
SOURCE: FIERCEPHARMA
The example above is just one drug, Keytruda.
My point:
If we ae going to pay such a GINORMOUS bill,
If we are going to foot the bill for a world-wide socialized pharmacare for all
There is probably a better way todo it than to send the bill to cancer patients and insurance companies.
How about they start by adding up the cost we are paying and making China and India and Malayasia and Pakistan etc each individually and ask us for the money.
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Won’t the pharma companies raise their prices in foreign countries to make up for the decrease in income?
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Yep! Most importantly though, U.S. prices will go down.
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Novo Nordisk, is a Danish pharmaceutical company makes Ozempic.
They sell it for
- $936 per month in the US
- $85–$100 per month Denmark
- $67–$139 per month in China
- etc.
Again, if the US is gonna pay to subisidize all those countries
let them add up the bill and ask us for it.
Far better than forcing our patients , and our insurance companies to pay, and then demonizing our insurance companies.
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No way would I take Ozempic.
I’ve been told by people taking it that it makes you nauseous.
There are other drugs out there.
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I won’t fault anyone for taking it.
Obesity is bad and I am glad for people when they decide to treat it.
That said the way Ozempic works is by stopping food from moving from your stomache. You feel full becaus you are full.
(Like constipation but higher.)
I imagine that can be uncomfortable.
I imagine not being able to bend over is also uncomfortable.
Many take it for diabetes and complain it makes them nauseous.
There are other diabetic meds that don’t make one nauseous.
Why not?
Why are we subsidizing all the other countries? That’s been a question floating around for years. Decades.
The only reason that makes sense to me (for the current paradigm) is that the medical insurance industry enables it. And I have no explanation for that.
This shouldn’t have needed an executive order. There is some “structure” of underlying power that has prevented a free global market. I wonder what this EO is going to trigger…
Lawsuits most likely. Trump tried this exact same thing during his first term. Pharma sued and Trump backed down.
How’s he going to lower prices?
Insurance companies don’t care what a drug (or a procedure) costs
(via Grok)
Hospitals don’t care what a drug (or a procedure) costs
Socialism fails every time and every place it is tried.
I tried taking it, largely due to my type two diabetes. It upset my intestines so much I gave it up. I found a constant blood sugar monitor more helpful in controlling what I eat, anyway. If you can see immediately the effect of types and amounts of food on your blood sugar, it makes it easier to control your diet.
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