Trump pharmacy good. mamdani grocery stores bad

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Biden, Harris hail Medicare drug price cuts that will save billions

https://www.reuters.com/business/healthcare-pharmaceuticals/us-expects-6-bln-savings-first-medicare-drug-price-negotiations-2024-08-15/ [1000043066] Merck & Co’s (MRK.N), opens new tab diabetes drug Januvia faces the steepest percentage price cut of the drugs on the list, decreasing 79%, while Novo Nordisk’s (NOVOb.CO), opens new tab insulin aspart products will face the second steepest of 76%, according to the government. The other eight drugs on the list face cuts of between 68% and 38% …

Biden administraton lists the first 10 drugs that Medicare will target for price cuts

The power to negotiate the prices comes from the Inflation Reduction Act passed last year. The actual negotiations will occur during the next two years, with prices announced by Sept. 1, 2024. But the lower prices for the drugs won’t begin until 2026. “When you have the biggest leverage with the biggest drug-buying group in the country — seniors, 50 million of them — get better prices, it affects the whole ecosystem and the marketplace,” Klobuchar said. This is great news. Americans hav…

Waited a few dozen posts to see if there were any arguments that could explain the huge difference in enthusiasm for TrumpRX vs Biden’s RX negotiations.

There arent.