Sunday, December 10, 2006

Time To Let the Government Negotiate Drug Prices

As previously discussed here on fineline, A couple of weeks back, many big media outlets simultaneously ran stories on how the Democrats are in a big political bind because they have promised to lift the ban that prevents the Federal Government from negotiating drug prices. These articles then went on to, illogically, assert that since lifting the ban was unlikely to generate enough income to fix the problems with Medicare Part D, the Dems couldn't afford to lift the ban. Well, not only is it a good idea to let the Government save money by negotiating the price it pays for the medicines it buys, it turns out its a very popular idea with the American people.

Just because it (maybe) won't completely solve the problems with Medicare D, does not mean Americans won't appreciate the fact that the Government would no longer be overpaying for medicines.

1 comment:

Anonymous said...

Yea, let the Gov take over so the gang lords can make more.