Big Pharma Pushes Trump Team to Ease Medicare Drug Price Negotiation Rules

By Free Republic | Created at 2024-11-27 19:26:09 | Updated at 2024-11-27 21:40:11 2 hours ago
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Big Pharma Pushes Trump Team to Ease Medicare Drug Price Negotiation Rules
US News ^ | 11/27/24 | Reuters

Posted on 11/27/2024 11:10:46 AM PST by DallasBiff

NEW YORK (Reuters) - The U.S. pharmaceutical industry is pushing to revamp the new law that allows Medicare to negotiate prices for its costliest prescription drugs once president-elect Donald Trump is back in office, according to lobbyists, executives, analysts and healthcare policy experts.

(Excerpt) Read more at usnews.com ...


TOPICS: Business/Economy; Government; Politics/Elections
KEYWORDS: bigpharma; bigprofit; trump

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Gawd am I sick of big pharma commercials.

I lost 55 lbs. by giving up high fructose soft drinks.

1 posted on 11/27/2024 11:10:46 AM PST by DallasBiff


To: DallasBiff

GET GOV’T OUT OF HEATHCARE!!!!

Unconstitutional Gov’t, not free enterprise, is the problem with healthcare and its prices.

Return Healthcare to the free market - the BEST healthcare system in the world.


2 posted on 11/27/2024 11:17:25 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)


To: DallasBiff

Did giving up HFCS soft drinks come with side effects of:

headaches

nausea

rash

diarrea

rashy-diarrea

vomiting

sore throat

heart attack

stroke

aneurism

seizure

increased risk of cancer

decreased risk of life

death

upset stomach

or itchy, burning, urination?

Because if so, you may be entitled to compensation

[as in I'm tired of commercials about miracle drugs with worse side effects than the ailment.....followed by ambulance chaser commercials offering riches for people dumb enough to take the meds in the first place.]

/rant

3 posted on 11/27/2024 11:18:56 AM PST by Repeat Offender (While the wicked stand confounded, call me with Thy saints surrounded.)


To: Repeat Offender

The worst are the drugs you take before gay ass sex. WTF is up with that?


4 posted on 11/27/2024 11:23:52 AM PST by HYPOCRACY (Democracy is dead. Long live the Republic!)


To: DallasBiff

This is a really bad idea. Our federal government needs to pay lower prices for off-patent drugs and medical products and contain the prices it pays for patented drugs and medical products through aggressive negotiation. Big Pharma and other medical companies are slowly bankrupting our country while they get super rich.

This comment by a true believer in capitalism may surprise you, but when government is one of a corporation’s biggest customers, they can’t expect to earn the same hefty profit margins from government business that they earn in the free markets. This is how defense contracting works. It’s low profit-margin, high volume business. I’ll have more to say on this in the future.


5 posted on 11/27/2024 11:25:56 AM PST by socialism_stinX (The national government is always the most dangerous organization in every country.)

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