this post was submitted on 22 Jun 2024
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United States | News & Politics
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Negotiating drug prices? How about making price gouging ILLEGAL? How about a world market price for drugs instead of a monopoly market in America?
I can go through this entire list like this. Trying to cheer for these crumbs is contortion at it's most contorting.
Most governments negotiate the drug prices around the world. This is standard practice. They have buying power so they can get far better pricing than anyone else. Just because it's a new concept to you, doesn't make it stupid.
I sure don't know everything, but why mention it then? It's just normal? Or is this new for the US?
How is it negotiation when there is only one medicine, like in the case of insulin, or even Zolgensma? What chips does the government have to negotiate with? Buying power doesn't matter.
I still think that's screwed up, and needs fixing, but if it brought us in line with the rest of the world when it comes to drug prices, then bring it on.
There are 3 companies that produce insulin. Why don't you ask some of your Canadian neighbors how much they pay for insulin.