Yeah right, America has a long history of cheap medicine. Lol
Even CBO says Pelosi’s Democratic-Socialist drug plan would“result in lower spending on r&d, thus reducing introduction of new drugs.”We need marketplace reforms to spur more manufacturer competition. That’s how you reduce prices w/o sacrificing innovationhttps://www.americanactionforum.org/daily-dish/cbo-on-pelosi-and-drugs/ …
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Hey Professor, give us a lecture on socialism and corrupt-authoritarianism
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EPI pens used to cost $7 per prescription of 2. My newest company plan...$349 per prescription of 2. This is worse than highway robbery.
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Funny thing is that drug companies spend far more on annoying TV ads than R&D. Maybe it would be better to finance the R&D directly rather than letting them chose research by profitability rather than by the benefit of the drugs. Focus on profits brought us the opiate epidemic...
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Watch her !!
.... she’s TrickyThanks. Twitter will use this to make your timeline better. UndoUndo
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Give it up Newt
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CBO analyzes based on existing&projected spend. You should be talking to big pharma, which has infamously protested that it won't be able to invest in R&D (specifically) if it's regulated in any way. That's BS, though it's been an effective threat and means to avoid regulation.
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FYI one of the reasons so many antibiotic-resistant strains are out there is because antibiotics are not a great profit center. Bigger $ to be made in chronic conditions like diabetes and many forms of cancer. Patients = repeat customers with no choice about buying, over years.
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Thank you Newt! Government control = Higher prices and lower quality!!! America needs Healthcare back in the FREE enterprise system... 100% Supplementing healthcare for lower income families would cost a fraction of Medicare for all!
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