The costs of some dozen or so drugs are now being negotiated by Medicare and Pharma is spending gazillions of dollars to try to prevent it. Does Pharma think that negotiating drug prices on even this minuscule group of drugs might be a “gateway” to lowering the cost of more drugs? To which I would answer, “It damn well should be the opening salvo in Medicare being able to negotiate the cost of all drugs!”
My question is: Why isn’t Medicare able to negotiate and set the cost of ALL drugs? The ridiculously minuscule number of drugs that Medicare was okayed to negotiate is ludicrous. Medicare needs to be able to negotiate the cost of ALL drugs it procures. Anything less is insufficient and insulting and not really of much benefit to Medicare recipients.
If Congress really wanted to actually do something to mitigate inflation, it would write a law that allows Medicare to negotiate the costs of ALL drugs with Pharma.
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