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In terms of setting prices, that's what Medicare is largely. The government sets the prices. That's why in the US there has been a large push for "Medicare for
by Someone1234 8y ago
In terms of setting prices, that's what Medicare is largely. The government sets the prices. That's why in the US there has been a large push for "Medicare for all" (with Medicare Advantage plans covering above the basic coverage).
- maxxxxx 8y agoI bet the US could save boatloads of money if they abolished Medicaid, VA and other programs and instead went to Medicare for all as base coverage. Then you can add private insurance on top of that if you want more extensive coverage.
- merpnderp 8y agoNot the worst idea. We have already boxed ourselves into the worst type of socialized medicine, we might as well try to fix it.
- dv_dt 8y agoVA costs for drugs are lower than Medicare because the VA is allowed to negotiate drug prices, while Medicare is not. Part of the Medicare for all bill should change that.
- refurb 8y agoThe VA prices are less a negotiation and more of “the law says you have to give me at least a 24% discount”.
- dv_dt 8y agoConsidering that other first world nations pay half or less per capita for healthcare, and have government bodies setting allowed prices for drugs, then perhaps this is a big clue to affordable healthcare in the US.