https://www.axios.com/2024/02/07/trump-medicare-price-negotiations-executive-power If Donald Trump returns to the White House, the self-proclaimed master negotiator could get his shot at brokering Medicare prices for drugs.
Why it matters: Trump first ran for president bucking conservative orthodoxy by vowing to negotiate drug prices, though he later abandoned that pledge.
>But the Democrats' drug pricing law would require the GOP frontrunner to negotiate Medicare prices for some drugs if he wins a second term, and former Trump health officials expect he would use executive power to soften the government's approach.
Catch up quick: The Biden administration last week kicked off negotiations over the first set of 10 high-cost drugs, a milestone for Democrats who long supported leveraging the government's purchasing power to rein in drug prices.
>President Biden is campaigning on his drug pricing victories, drawing a contrast with Republicans who have widely panned negotiations and other measures they argue will hurt drug development.
>Though Trump remains critical of the pharmaceutical industry, he hasn't made drug pricing a focus of his campaign the same way he did in 2016 or 2020.
Future administrations won't have much flexibility to dismantle or ignore Medicare drug price negotiations without a change from Congress.
>The Inflation Reduction Act sets out how many drugs Medicare must negotiate, what factors it should consider, and the types of drugs up for negotiations.
>But Medicare has discretion in how it determines the negotiated price — and that's where Trump or another Republican administration would have leeway to dial back negotiating powers.
Anonymous
Quoted By:
What they're saying: Biden's and Trump's views on Medicare drug prices are "probably not that different," said Brian Blase, a former Trump policy adviser and president of Paragon Health Institute. >But the people advising Trump would likely take a more friendly view of pharma. >"We'd get more differences in who's advising the presidents and what the presidents hear in way of recommendations," he said. >"There definitely would be some changes" to the negotiation process under a Trump presidency. It's not clear how it would change, Blase said, but he and others suggested possible levers that could be pulled. A Trump health secretary likely wouldn't push for prices below what's required by law, Blase said. >A Trump administration could loosen Medicare's interpretation of whether a drug has competition, which could result in more drugs being exempt from negotiations, said Joe Grogan, who led Trump's Domestic Policy Council. >Trump appointees may also try to increase transparency around negotiations and cut the number of dedicated staff at Health and Human Services to "dramatically reduce the amount of money and people working on the program," added Joel White, a GOP strategist and president of Horizon Government Affairs. >A chief complaint of the pharmaceutical industry is Medicare isn't publicly sharing details of its pricing talks.
Anonymous
Quoted By:
The Trump campaign did not respond to requests for comment. >Trump last June pledged to "take on Big Pharma" by reviving his failed push to tie what Medicare pays for physician-administered drugs to cheaper prices overseas. >It's not clear whether Trump would push for legislative changes to drug negotiations. Trump advisers said he would "gut" the IRA's climate and energy provisions, while key Republican lawmakers have expressed interest in repealing drug negotiations. >Meanwhile, drug companies are suing to stop Medicare negotiations in court. If the challenges aren't settled before next year, a Trump administration could decide to drop the government's defense against the lawsuits. The intrigue: Trump may not want to spend as much time on drug pricing in a second term, Grogan said. >"I think there's other fish to fry and there's other things that need to be done" in health policy that would compete for bandwidth, like changes to the Affordable Care Act — which Trump is again pushing to repeal and replace — and trimming Medicare payments to hospitals' outpatient departments. >Medicare negotiations are broadly popular with Americans. Three-quarters of Republicans and more than 80% of Americans overall support allowing the government to negotiate lower Medicare drug prices, according to a Gallup-West Health poll last year. >Drug price negotiations could follow a similar trajectory to the ACA, said Lesley Yeung, a partner at law firm Epstein Becker Green who advises drugmakers and other health care companies. >"The longer it goes on, the more entrenched it'll be, [and] the harder it would be to unwind," she said.
Anonymous
Anonymous
Republicans will defend this
Anonymous
>>1264727 If by defend you mean totally ignore it then sure
i'm important, tell me how important I am
i'm important, tell me how important I am Thu 08 Feb 2024 04:18:01 No. 1264742 Report Quoted By:
Some big pharma exec will play a round of golf with the Donold, let him win and kiss the ring, invest in the donold holdings and drug prices will go up 20%.
Anonymous
>>1264729 The fact Biden didn't run on Trump's vow to gut medicare and social security was such a retarded move.
Anonymous
To believe this article you'd have to have a pretty astounding lack of information. You folks aren't, dare I say, low information, are you?
Anonymous
>>1264766 >Retard spreads lies Interesting.
Democrats have this aversion to making these programs less expensive to administer and call all attempts "slahsing" and "gutting" for political points.
Democrats are truly the scum of the Earth dedicated to businesses and cronyism.
look under my bed mommy, the socialism boogyman is there
look under my bed mommy, the socialism boogyman is there Thu 08 Feb 2024 09:02:45 No. 1264817 Report >>1264805 >Democrats have this aversion to making these programs less expensive to administer You mean the US gov has this aversion to making these programs less expensive to administer, you partisan shill.
Socialized health care like the rest of the 1st world has
Here in Canada our health care is 1/3 of the US, our drugs are 1/6 and everyone gets treated.
oh no MUH boogyman commiecare!!11
In your defense,you branewashed drone, Democrats and republicans both don't want m4a.
They both would rather pay triple because the socialism might creep into other sectors.
Anonymous
>>1264817 >Here in Canada our health care is 1/3 of the US No you don't you still have to pay a monthly premium in addition to the taxes.
Then you have to wait years to see a doctor for anything major and days to see one for anything minor.
It's not socialized care as socialists think it works.
In fact, the only thing that separates the US from places like Canada or Germany is the fact that we're not required by law to have healthcare and pay healthcare premiums.
Once you realize all you socialized care faggots have been tricked by Twitter posts you'd think you'd feel some shame, but you don't.
Anonymous
Quoted By:
>>1264817 Oh, and thanks for passing your healthcare expenses on to the US by price fixing your meds, fuckface.
Anonymous
>>1264772 Care to point out anything specific, Dr. Anon?
Anonymous
Quoted By:
>>1264820 Not for a faggot. No.
i have an opinion, because benny shapiro told me this
i have an opinion, because benny shapiro told me this Thu 08 Feb 2024 11:58:59 No. 1264831 Report >>1264818 you still have to pay a monthly premium
wtf?
NO!
>Then you have to wait years to see a doctor for anything major NO!
Longest I had to wait was 4 months
Are you even Canadian, you know-it-nothing?
I am.
keep your opinion to yourself if you are clueless about the subject,
>In fact, the only thing that separates the US from places like Canada or Germany is the fact that we're not required by law to have healthcare and pay healthcare premiums. again WTF? No one i know pays HC prmiums.
The real difference is the 26 yr old in the US who couldn't afford His insulin and died.
You are a clueless brane-washed by capitalism opinionated fool(many such cases).
It's your likes that shit up the planet, and now you've come into my home and shitted it up.
You use the Faggo* word a lot.
My guess is your a closet case or and edgy teen, if you're older, well, god gave us all gifts, you just have't found yours yet, son
It's just not as an internet political pundit
Anonymous
Why is this board so fixated on a former president who is a complete failure and has no chance of getting re-elected? Do we see hourly Obama threads? Is Jimmy Carter a daily fixture here? Haven't seen a Dubya thread in forever.
Anonymous
>>1264831 >you still have to pay a monthly premium Well, it depends on where you live. For instance, in Ontario you do pay a premium unless you're a super poor.
https://www.ontario.ca/page/health-premium Anonymous
>>1264834 Yeah I dunno. Who's the GOP frontrunner anyway?
Anonymous
>>1264835 >The health premium ranges from $0 if your taxable income is $20,000 or less, to $900 if your taxable income is more than $200,600. Meanwhile in America
>Average annual health insurance premiums in 2023 are $8,435 for single coverage and $23,968 for family coverage. https://www.kff.org/report-section/ehbs-2023-section-1-cost-of-health-insurance/ By your logic, America is better when you have to pay between infinity to 26 times the premiums Canadians do.
Anonymous
>>1264840 >Uses Kaiser as a source >Thinks he's worth responding to Weird thought.
Anonymous
>>1264840 >$900 if your taxable income is more than $200,600. 900 a yr if you're a well off uppermiddle class
for some one making 100k a yr, it's about $200 paid on your income tax
50k, about $75
Anonymous
>>1264855 So still more than zero, free, gratis?
Very interesting.
Anonymous
Quoted By:
>>1264834 What kind of damage control is this?
Anonymous
Quoted By:
>>1264850 Ah, the classic "Vaguely cast aspersions at the source" form of tard argument.
Anonymous
Quoted By:
>>1264577 actually, trumps beautiful and perfect healthcare plan is coming in just two weeks
Mensch "a person of integrity and honor".
Mensch "a person of integrity and honor". Fri 09 Feb 2024 01:08:40 No. 1265116 Report Quoted By:
>>1264856 take the L, be a mensch, not a mouse
Anonymous
Anonymous
Quoted By:
Bernie was the compromise