3 ms·
I was going to comment the same thing. Pointing to Medicare/Medicaid as examples for why drug negotiation doesn't work is an impressively incorrect line of thou
by Andrex 7y ago
I was going to comment the same thing. Pointing to Medicare/Medicaid as examples for why drug negotiation doesn't work is an impressively incorrect line of thought.
- maxerickson 7y agoMedicaid mandates drug prices at a fixed percentage of what private buyers pay.
- jacobush 7y agoSo just raise prices.
- maxerickson 7y agoPrivate buyers won't just automatically pay more, so they can't "just raise prices". Of course prices will still be raised, but the point is that Medicaid drug spending is rather directly linked to negotiated prices for drugs, not just based on whatever the manufacturer asks.