Of course the argument goes: Every other government in the world negotiates prices. Why in the hell can we not do it?
Of course the cost of drugs is too high. But if anyone thinks that taking this approach will simply be lowering the price alone, I suggest looking at what else is involved with this bill.
The winners have already been picked, and as this clip indicates, it is questionable how “they” arrived at these ten drugs. No one mentions as to “who” actually “they are” that did the choosing. The legal action taken by the drug companies include actions the government is taking beyond just the government’s negotiation of price.
Recall at the time of Obamacare how the halls rang with this refrain? “The cost of hospitals is too damn high’? Well Medicare took care of that. Reimbursement rates fell far below the cost of care. New Regulations were endless. Smaller hospitals went out of business or were forced to merge creating mega hospital systems. The days of the local family Doc doing his own thing were over.
If anyone thinks that medicine has gotten better since Obamacare, think again. It went far beyond simply offering an insurance policy. Its intent was to force hospitals and Doctors into submission with vast control of the management of the hospital. But I have covered that ad nauseam previously.
I suggest these “simple negotiations” for ten drugs will wind up in the end, for Medicare folks being required to accept the drugs Medicare determines are “right for you.” After all, the next round will be 15 drugs. Why stop there? A new bureaucracy has been born. A new panel of the wise, they will build their fiefdom. Before its over, they will mandate to all what the “appropriate” drug for you and me shall be.
Former FDA Commissioner Dr. Scott Gottlieb joins ‘Squawk Box’ to discuss the latest in Medicare’s drug cost battle, as the Biden administration is expected to release a list of 10 drugs for which Medicare will negotiate prices, and more. 15 drugs next round. I can see this panel sitting around together, smiling as they rub their hands together. Ten years from now we will read their emails regarding this new nefarious activity.
Love that they conveniently left out the part where Joe asked if another round of shots dijour was needed and Gottlieb saying in hindsight we should have let natural immunity run its course.
Note: As discussed below: Large molecule drugs are made of proteins that are complex in structure and much less stable compared to small molecule drugs. Large molecule drugs are costly to manufacture and, at this time, can only be administered through an IV or infusion. These drugs have a targeted effect on tissues and are increasingly used to treat cancer.
For those needing examples of how the government works with Obamacare, here are a few wayback posts of Bunker:
Sebelius to unleash Bounty Hunters on Hospitals and Doctors with new edict
April 10, 2014 — bunkerville
More chillingly, however, the administration is defining Medicare fraud down to include “unnecessary” and “ineffective” care. And to root this out, it plans to make expanded use of private mercenaries—officially called Recovery Audit Contracts—who will be authorized to go to doctors’ offices and rummage through patients’ records, matching them with billing claims to uncover illicit charges. What’s more, Obamacare increases the fine for billing errors from $11,000 per item to $50,000 without the government even having to prove intent to defraud.
Medical Service Codes Go From 18,000 to 140,000
Example:

“What’s more, Obamacare increases the fine for billing errors from $11,000 per item to $50,000 without the government even having to prove intent to defraud”.
The best of the swamp.





seniors should not answer the door. When they peek through the peephole, the bureaucrats will be dressed as snake oil salesmen because they are cutting Medicare parts A, B, C and D. They are going to try to sell seniors on the new bill which we call Medicare part E, but it doesn’t cover one senior citizen. Not one. Just call it Halloween health care because it is really scary
