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Those price increases are not from the ACA, they're the result of Medicare Part D, which took effect in 2006. From the wiki[1]: By the design of the program,
by wefarrell 10y ago
Those price increases are not from the ACA, they're the result of Medicare Part D, which took effect in 2006.
From the wiki[1]:
By the design of the program, the federal government is not permitted to negotiate prices of drugs with the drug companies, as federal agencies do in other programs
The bill forces the government to pay whatever the pharma manufacturers will charge. If you were selling a product and there were a law preventing your largest customer from negotiating the prices which you set, why wouldn't you heavily inflate your prices?
[1]https://en.wikipedia.org/wiki/Medicare_Part_D https://en.wikipedia.org/wiki/Medicare_Part_D
- danjoc 10y ago>Those price increases are not from the ACA, they're the result of Medicare Part D, which took effect in 2006. Oh good, let's see you present to me evidence that the inflation rate of health care in the US is below that of the inflation rate of the country as a whole. Can you do that? Because that's my point. Health care is not affordable. Hospitals are charging tens of thousands of dollars for treatments that cost a couple hundred dollars 2 hours away across the border. http://archive.azcentral.com/business/articles/20120831scorpion-sting-leaves-woman-big-bill.html http://archive.azcentral.com/business/articles/20120831scorp... That's fraudulent. Put those people in jail.
- wefarrell 10y agoOh good, let's see you present to me evidence that the inflation rate of health care in the US is below that of the inflation rate of the country as a whole. Can you do that? Because that's my point. No, because the cost increases were not due to the affordable care act, they were due to Medicare Part D. The goal of the ACA was to reduce the number of people without insurance. Controlling pharmaceutical costs is outside of the scope and for that you can blame the law that specifically forbids the government from controlling pharmaceutical costs.
- danjoc 10y ago>No, because the cost increases were not due to the affordable care act You're distracting from the real issue with a different argument. I didn't say the ACA caused the increases. I am saying the Affordable Care Act failed to make health care more affordable.