3 ms·
That the private operators of part D were always free to negotiate prices is most of the point.
by maxerickson 3y ago
That the private operators of part D were always free to negotiate prices is most of the point.
- ceejayoz 3y agoWith substantially less market power than "the Federal government on behalf of all of Medicare", and with the knowledge that the Feds will bail them out when costs are high. https://www.kff.org/affordable-care-act/press-release/3-charts-about-medicare-drug-price-negotiations/ https://www.kff.org/affordable-care-act/press-release/3-char... > The Congressional Budget Office has estimated that negotiated prices will reduce Medicare spending on drugs subject to negotiation, translating into nearly $100 billion in federal savings between 2026 and 2031.
- refurb 3y agoPart D expansion has come in way under estimated costs which is a massive shocker for a federal program.
- refurb 3y agoThat was my exact point.