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  #11  
Old 08-27-2016, 07:38 PM
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Seraph Seraph is offline
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Originally Posted by djharkavy View Post
Instead of strict price controls, how about we require that U.S. citizens get meds at the same price as citizens of other countries (with an exemption for charitable cases.)

The drug company can set whatever piece they want, so long as they charge the same in other countries.

Or how about just lifting the restriction in Medicare Part D that prohibits Medicare from negotiating drug prices like Medicaid and private insurance companies do. That's a 53 million client negotiating block that would have real teeth.
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  #12  
Old 08-29-2016, 01:33 PM
Tom Servo Tom Servo is offline
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Quote:
Originally Posted by djharkavy View Post
Instead of strict price controls, how about we require that U.S. citizens get meds at the same price as citizens of other countries (with an exemption for charitable cases.)

The drug company can set whatever piece they want, so long as they charge the same in other countries.

Sent from my phone, using Tapatalk.
All mistakes are caused by the phone.
That's my story and I'm sticking to it...
I think we'd see a mass exodus of globally cheaper drugs from the market as the multinationals circle the wagons around their most profitable products.

Or we'd start getting drug variants that are just unique enough from global alternatives so there could be no equivalent to price match.
Quote:
Originally Posted by Seraph View Post
Or how about just lifting the restriction in Medicare Part D that prohibits Medicare from negotiating drug prices like Medicaid and private insurance companies do. That's a 53 million client negotiating block that would have real teeth.
I think it's worth a shot.

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