Most European nations have universal health care and profits is not the priority in giving people the treatments and medicines they need. The US is geared the opposite and it's insurance and drug companies fixing prices.
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Geee now imagine a single payer system where we could actually dictate pricing.
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Wouldn’t he need to repeal the bill “w” signed, making it illegal for Medicare to negotiate drug prices? This was done to help expedite their hopeful demise of Medicare and put many more billions into the hands of big pharm.
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Midterm
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OMG, those are socialist countries with socialized medicine. Oh the horror, US health care is doomed, absolutely doomed, or at least that is what Trump has been telling us about healthcare in Europe.
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Another issue is Tort reform. Pharmaceutical companies are sued MUCH more in USA and most of proceeds go to class action attorneys. That cost is passed on to USA consumers
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Would love to know how that works. The business models are totally different...
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So Medicare payments would be limited but not how much individuals would have to pay. Trump could have proposed a bill restricting prices rather than restricting payments, but that would have actually would help everyone.
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Hospitals will still charge what they want!
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This is a good start but unshackle Medicare and Medicaid and let them negotiate the best deals for Americans.
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Why doesn’t the US just negotiate our own pharmaceutical prices?
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Thus driving the drug prices in Europe upward?
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Hands up who believes this
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