Would the Democrats have created Medicare part D? (user search)
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  Would the Democrats have created Medicare part D? (search mode)
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Author Topic: Would the Democrats have created Medicare part D?  (Read 2310 times)
memphis
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« on: September 17, 2011, 09:07:51 AM »

The main critique of the program is how the law forbids the government to negotiate prices. This means the Part D program pays much more than other federal agencies (like Veterans Affairs) for the same drugs.

was hoping someone would bring this up.  such a provision is literally unparalleled in the whole history of the world; as Chomsky puts it, the Pentagon negotiates prices when it buys paperclips.
Not exactly the same. There are no intellectual copyrights on paperclips -
To negotiate prices there has to be a credible risk for the buyer to walk away. So you have to recognize by doing that you are risking not having newer drugs available to those on Medicaid.

Medicare is not Medicaid. And Medicare could very easily negotiate lower prices if the GOP would have let them. The drug companies aren't going to lose the business of millions. It's just another example that demonstrates who the GOP is looking out for. Their shamelessness is only matched by the public's ignorance.
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