The government is currently prohibited by law from negotiating drug prices for Medicare. Medicare Part D is a federal government program which subsidizes the costs of prescriptions drugs for people enrolled in Medicare. Since it was approved by Congress in 2003 39 million Americans have enrolled in the program which now costs more than $80 billion per year. Opponents of Medicare Part D argue that it should be changed to allow the federal government to negotiate prices with pharmaceutical companies. They point out that the Veterans Affairs administration is allowed to negotiate prices and pays 40-58% less for drugs than Medicare does. Analysts estimate that the government would save up to $16 billion a year if they were permitted to negotiate drug prices. Proponents of Medicare D argue that the government should not interfere with prices set by private drug makers who use profits for the development and research of new drugs.
@B4KD56P4 days
The government should pay what the average market price is that insurance companies have negotiated.
Yes, I would prefer a single payer healthcare system though.
No, they should target margins
Yes, but allow for other drug coverage when a drug doesn't or is new.
Yes, they are obligated to make them as affordable as possible.
Yes, negotiating for LOWER prices
No more than any other group insurance company
Yes, but nationalizing pharmaceutical companies is better
Healthcare should be free for all citizens.
Only to lower prices for the public
They should be able to cap costs but not at the expense of the patient
Yes, if it benefits the consumer
The government should only get involved if price gouging or fixing is occuring
Yes, if it reduces drug prices
Yes, but there should be limitations on how high the prices can get
Other insurance companies negotiate prices, I don’t see why Medicare should act differently
Government is a monopoly and should obey any laws regulating monopolies.
Yes, but to a degree to where they don't hurt people financially
Yes, but the government should be sure to encourage drug research and development by considering offsetting the profit losses, using methods such as tax breaks, reimbursement, or investment
Yes, but only to make drug prices more affordable
I support Medicare for All
Yes, and health care should be a right for everyone.
Yes, medical prices should be significantly lower, if not free. What good will medicine or treatment do you if you can't access it because you can't afford it?
Since it is a subsidized program I guess it would make sense.
No, the government should not interfere with the free market and abolish Medicare
Yes, but a decentral community run healthcare would be more ideal.
yes if they have the ability to hurt rather then help like opioids
Pharmaceutical companies should be nationalized and folded into a universal single-payer system
Yes, like all insurance companies should be able to.
Yes, we should pass a regulation that bans medical care costs from being more than what it takes to run the businesses
Yes, we should pass a regulation that stops medical care and health insurance costs from being more than what it takes to run the businesses. Then, provide Medicare For All.
No, the pharmaceutical companies should all be nationalized.
I feel that I do not know enough about this topic to contribute an answer.
Regulate and make generic drugs free to those prescribed
I don't have enough information to accurately answer this question.
Maybe privatize this
Yes, if we regulate based on the international average.
healthcare and life saving drugs and medication should be free or easily affordable
if it something you need to live it should be free
How would anyone know what the government would change/do?
Yes drug companies will chargevthe government more without oversight.
Drug prices should not exceed a reasonable percentage of the cost to make.
Yes, companies have the ability to negotiate for services. Medicare should also have this ability. This is the opposite of allowing the free market to work
I know nothing about this subject
Yes but the people also need to be involved , and have a lot of say.
We should not have to worry about prices of medications
No, unless they are pressing criminal charges on companies that drastically inflate the prices on life-saving drugs
Yes, and the whole health insurance and medical market should be socialized.
Yes, but no benefits should be given to the private company negotiating.
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