Majority in US wants gov't to regulate prescription costs

[Seawytch]

It's what Republicans in Congress do...from background checks for gun sales to negotiating drug prices. The GOP is there to ensure that the American people don't get what the majority wants.

What exactly has the GOP done to either of those? And since when do you speak for the majority? Since Obama, as I linked, is the one that made the deal with the drug companies what say you about him?

In the article you linked to, the GOP was never in on the discussion. They weren't trying to negotiate drug prices since they didn't want any part of the crafting of the Affordable Care Act. It was the Democrats that were trying to negotiate the drug prices, not the GOP. The White House undermined the Democrats, not the GOP.

Whenever Democrats have tried to negotiate the price of drugs, the GOP has blocked the efforts.

Uncle Sam barred from bargaining Medicare drug prices, Senate candidate Tammy Baldwin says, blaming rival Tommy Thompson

http://www.nytimes.com/2007/04/18/washington/18cnd-medicare.html?_r=0

 

[Freewill]

It's what Republicans in Congress do...from background checks for gun sales to negotiating drug prices. The GOP is there to ensure that the American people don't get what the majority wants.

What exactly has the GOP done to either of those? And since when do you speak for the majority? Since Obama, as I linked, is the one that made the deal with the drug companies what say you about him?

In the article you linked to, the GOP was never in on the discussion. They weren't trying to negotiate drug prices since they didn't want any part of the crafting of the Affordable Care Act. It was the Democrats that were trying to negotiate the drug prices, not the GOP. The White House undermined the Democrats, not the GOP.

Whenever Democrats have tried to negotiate the price of drugs, the GOP has blocked the efforts.

Uncle Sam barred from bargaining Medicare drug prices, Senate candidate Tammy Baldwin says, blaming rival Tommy Thompson

http://www.nytimes.com/2007/04/18/washington/18cnd-medicare.html?_r=0

So you agree that the democrats DID make a deal, specifically Obama. Yet some how you posting a rant from a canidate, repeating the left wing BS, proves that Obama didn't?

Sorry but your post makes absolutely no sense.

 

[Freewill]

speaking for this conservative I think most conservatives would be OK with a free market. If Canada sell exactly the same drug for a much lower price then US citizens should be able to buy that drug at that price, by mail order or going to Canada. But as I linked, Obama, not Republicans, blocked that from happening.

 

[deltex1]

Who says money paid to Congress doesn't work?

Poll: Majority in US wants gov't to curb prescription costs | KSL.com

WASHINGTON (AP) — Regardless of political affiliation, Americans strongly support government action to control prescription drug costs, according to a poll released Thursday.
While the 2016 presidential candidates continue to debate President Barack Obama's 5-year-old law expanding coverage for the uninsured, the latest Kaiser Family Foundation survey suggests the public is shifting to other health care issues.
<more>

If the government stopped paying for drugs (Medicare/Medicaid etc) people would stop inhaling them...eat right...exercise...die when it's your turn. Cost would drop immediately...just like oil.

 

[The Rabbi]

we should be allowed to negotiate a bulk discount for Medicare prescripts, as ALL OTHER NATIONS DO, with Pharma....

THAT IS THE FREE MARKET.....

instead we have republicans writing law that RESTRICTS the free market and does not allow us to negotiate a bulk discount with them....

that's simply wrong, wrong, and wrong.

Obama made the deal with the drug companies.

BS

LOL! Now we're going with total denial?

 

[Wilbur Right]

Once again the left forgets history and wishes to make up their own.

email​

Interesting. Your link was from 2009.
And you are using Obama to defend the deplorabe situation of not allowing drug prices to be negoiated by the governemt.

So Obamas your buddy when you get what you want? though why you wouldnt want lower perscription costs I have no idea.

You think that is the only legislation (2009) offered about perscription drug costs eh?

Let Googlebeyourfriend.

 

[Freewill]

Once again the left forgets history and wishes to make up their own.

email​

Interesting. Your link was from 2009.
And you are using Obama to defend the deplorabe situation of not allowing drug prices to be negoiated by the governemt.

So Obamas your buddy when you get what you want? though why you wouldnt want lower perscription costs I have no idea.

You think that is the only legislation (2009) offered about perscription drug costs eh?

Let Googlebeyourfriend.

What in the hell are you talking about? Are you having a problem getting meds? 2009 is when Obama made the deal what the hell does that have to me being his buddy? He screwed us all.

BUT at least I provided the link that was requested. You have made a lot of implications without one shred of backing, what's up with that? I don't think I should have to google to try and prove your point.

 

[Dont Taz Me Bro]

Why not? It's in our best interest...

Of course, just like price ceilings for gas worked so well in the 70s

The fact that the majority of Americans support this is hardly surprising seeing as how the majority of Americans are financially illiterate.

 

[Freewill]

Why not? It's in our best interest...

Of course, just like price ceilings for gas worked so well in the 70s

The fact that the majority of Americans support this is hardly surprising seeing as how the majority of Americans are financially illiterate.

"financially illiterate" Was that on you quote for the day calendar?

 

[Freewill]

The real reason U.S. drug prices are so high

The real reason U.S. drug prices are so high

According to a May 2015 Credit Suisse report, drug price increases here were a "key driver" of profit growth last year for many multi-national pharmaceutical companies. In addition, while traditional SG&A expenses grew 4 percent year-over-year in 2014, "overall promotional costs rose 17 percent, well ahead of reported sales growth," Credit Suisse found.
One way of looking at this is U.S. consumers pay more to subsidize marketing activities and profits than to fiance new-drug research.

 

[Freewill]

Here are six of the top reasons:
[FONT=headline-semi-bold, Helvetica, Arial, sans-serif]Here are the 6 reasons why prescription drugs are so expensive[/FONT]

1. No price controls

The US government doesn't regulate prices, unlike many countries where government agencies negotiate prices for every drug.
In the US, drugmakers set wholesale prices based mostly on what competing brand-name drugs cost and whether their new drug is better, said Les Funtleyder, healthcare portfolio manager at E Squared Asset Management.
2. Lengthy patents

Patents last longer than in other countries, usually giving a drug's maker exclusivity that prevents competition for 20 years from when the patent is issued. Because patents are filed while drugs are still in testing, that clock starts ticking long before the drug goes on sale.
Typically, new drugs end up with a monopoly for roughly a dozen years.
Their makers generally increase their prices every year, by about 5% or more. Those increases add up and become bigger as the expiration of the patent approaches.
3. Limited competition

For many drugs, there isn't enough competition to hold down prices. Many older generic drugs were priced too low to be profitable, so some drugmakers stopped making them. Once only one company or two companies make a drug, the price usually shoots up.
For older, brand-name drugs that treat conditions too rare to attract multiple manufacturers, the sole maker has a de facto monopoly.
Funtleyder noted that the large backlog of generic drugs awaiting US regulatory approval means that for some off-patent drugs, only one or two generic versions have been approved. That limits reductions from the brand-name drug's price.
Scores of drugs, mostly older, once-cheap generics, have been in short supply over the last decade. Reasons include raw material shortages and manufacturing deficiencies involving dirty factories, pills containing the wrong amount of an active ingredient and other serious problems, particularly at factories in India.
Those trigger production shutdowns or temporary bans on their sale in the US.
Also, several drugmakers have recently been buying rights to older drugs, then hiking the price, as Turing did with Daraprim.
4. Small markets

Many new drugs are for rare conditions or cancer subtypes involving a particular genetic mutation, so they might help just thousands or hundreds of patients. To recoup research and development costs, drugmakers set high prices, though they offer many patients financial assistance.
5. Development and production costs

Research is becoming increasingly expensive. Industry groups say it can take about a decade and well over $1 billion to get a new drug approved, though that includes development costs for the many drugs that don't work out.
The most-exorbitant new drugs are biologics, produced by living cells under precise conditions, which costs far more than mixing chemicals to make pills.
6. Fewer new generics

After a huge wave of patent expirations from 2011 through 2013 that brought generic versions of drugs taken daily by millions of patients, the number of popular drugs going off patent has declined. That has contributed to total US spending on medicine rising.

 

[Arianrhod]

Wow, look at all the RWs insisting that they want to pay more for prescription meds than anyone else in the industrialized world -!