Prescription Drug Prices: Politicians Are All Talk, No Action

Source: Garrison Center
by Thomas L Knapp

“Just to be clear, if the American political establishment was really interested in lowering drug prices, it would eliminate prescription coverage under Medicare (and if it was really interested in lowering healthcare costs in general, it would eliminate Medicare). Neither of those things being ‘on the table,’ so to speak, having Medicare drive a harder bargain when paying for prescription drugs just makes sense — not because, as the HHS report pretends, Medicare is distinct from ‘the market,’ but because Medicare is a substantial player IN the market.” (09/13/21)