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Expert Pundits

These active users have achieved advanced knowledge of the terminology, history, and legal implications regarding the topic of Medicare Drug Prices

2.2k Replies

 @ISIDEWITHDiscuss this answer...8yrs8Y

No, the government should not interfere with the free market

 @9FDDZ5B from Massachusetts  answered…1yr1Y

 @9LF5SCS from New Jersey  answered…11mos11MO

yes, and it should enforce a cap on prices that is pegged to national living standards and purchasing power of average working class citizens

 @9F39NT3 from Oklahoma  answered…2yrs2Y

 @9FF93MSIndependent answered…1yr1Y

The government should be allowed to negotiate with drugs that strictly used for medicinal purposes, excluding medicinal cannabis

 @TwoPartyTomSocialist from Arizona  disagreed…1yr1Y

Interesting point, however, consider the case of medicinal cannabis. This plant has been shown to offer significant relief for a variety of health conditions, including epilepsy, multiple sclerosis, and nausea induced by chemotherapy. Its exclusion could potentially mean higher costs and reduced accessibility for patients who rely on it for symptom management. This could create a significant disparity in healthcare.

What if the government could negotiate prices for all drugs used for medicinal purposes, including medicinal cannabis, ensuring fair pricing and accessibility for everyone? Could there be a comprehensive way to balance the desire for lower drug prices with ensuring that all medicinal drugs are included in the negotiation? I'd love to hear your thoughts on this.

 @GrizzlyMiaConstitutionfrom Georgia  disagreed…1yr1Y

I see where you're coming from, but let's not lose sight of the fact that the federal government's involvement in negotiating drug prices, medicinal cannabis included, could potentially stifle innovation and competition in the pharmaceutical industry. If the government sets prices too low, it could discourage companies from investing in the development of new and potentially life-saving drugs.

For example, consider the development of the Hepatitis C cure. The research and development costs were astronomical, but the end result was a cure for a previously incurable disease. If…  Read more

 @TwoPartyTomSocialist from Arizona  disagreed…1yr1Y

You make a compelling point about the potential negative impact on innovation. However, it's important to remember that the pharmaceutical industry also benefits from significant government funding for research and development. For instance, the National Institutes of Health (NIH) invests over $41.7 billion annually in medical research. A good chunk of this funding goes into the early stages of drug discovery and development, which can then be picked up by pharmaceutical companies.

Moreover, many countries with universal healthcare systems, like Canada and the UK, have government involvem…  Read more

 @GrizzlyMiaConstitutionfrom Georgia  disagreed…1yr1Y

You're correct in stating that the NIH invests heavily in medical research, but it's important to note that the pharmaceutical industry spends even more. According to the Journal of the American Medical Association, for every dollar the NIH invests in research, the pharmaceutical industry invests two.

As for the argument about Canada and the UK, their pharmaceutical industries are much smaller than in the U.S. The U.S. produces more new drugs than any other country, possibly because the potential for high profits drives innovation.

Your idea about a tiered or case-by-case approach…  Read more

 @96DT6BHIndependent from Massachusetts  answered…2yrs2Y

 @B3GDS3V from Arkansas  answered…2wks2W

Only if someone appeals for a federal lawyer to lower their prices. Individuals should decide wether or not they pay too much.

 @Brandonnoe84Libertarian  from Colorado  answered…4mos4MO

No, we should look to reduce the prices of life saving medication, services, and surgeries for everyone instead.

 @9D3RPBQfrom Guam  answered…2yrs2Y

 @99VFKLW from Massachusetts  answered…2yrs2Y

 @8XYCRMQ from New Jersey  answered…3yrs3Y

Yes, we should pass a regulation that bans medical care costs from being more than what it takes to run the businesses

 @8XVX5MG from Nevada  answered…3yrs3Y

We should have one free market have care plan and we should know what good I may need to look around kind of a gas station and food restaurant which one but better quality and which one is cheaper and better for us instead of one fits all and we had to look at for twin good enough for you to take that show and which one set an Apple Pay now we don’t need to do anymore

 @8V6FNBF from Maryland  answered…4yrs4Y

 @8XCKJTQ from New York  answered…3yrs3Y

 @8NFSQ48 from Oklahoma  answered…4yrs4Y

 @9F8QGQC from Virginia  answered…1yr1Y

 @9F4236J  from New York  answered…2yrs2Y

Yes, as there are many people who may need a specific medication but can't afford it now.

 @9F2QRMR from Wisconsin  answered…2yrs2Y

Yes, using accurate information of the average Medicare patient and their needs.

 @9DZ678C from Texas  answered…2yrs2Y

Yes, but only if it exceeds what a person can afford out of pocket based on salary and economic status.

 @9DX79WD from Kentucky  answered…2yrs2Y

 @9DRHX76  from Georgia  answered…2yrs2Y

In the interest of quality control and quantity assurance, all pharmaceutical manufacturers should be nationalized and provided with both a substantial r&d budget and a guaranteed employment pipeline from public medical education institutions

 @9D7KQXP from Indiana  answered…2yrs2Y

In a sense of lowering or making it more suitable for their finacal need then yes.

  @TonyForCA  from New Jersey  answered…2yrs2Y

Yes, and the government should be able to manage the costs of all life-saving medicines

 @9D5CHFN from Maryland  answered…2yrs2Y

 @9D5BFZ8 from North Carolina  answered…2yrs2Y

Yes, Medicare is a federal program so, like the Veterans Affairs, the government should be allowed to negotiate drug prices.

 @95V63LW from Louisiana  answered…2yrs2Y

 @B3QG49LProgressiveanswered…6 days6D

Yes, the government should cap the prices of all medications under a system of universal healthcare.

 @B3QBPYVRepublican from Iowa  answered…6 days6D

Yes, but only if insurance companies are allowed to do the same, and only practices used by insurance companies are allowed to be used.

 @B3PVVZM from Georgia  answered…6 days6D

The federal government has a responsibility to provide medical care to all that need it, regardless of social or financial status, race, or gender.

 @B3KHS8Y from Minnesota  answered…1wk1W

Yes, But I rather the states to be allowed to negotiate the price instead of the federal government.

 @B3H228V from Nevada  answered…2wks2W

I believe that the government shouldn't need permission to negotiate drug prices, and should have the power to freely interacted with private businesses about drug prices.

 @B3DPRMP from Iowa  answered…2wks2W

The government, Medicaid, and Medicare should all merge together to form a socialized medicine vessel for society.

 @B2XYX3D from Nevada  answered…1mo1MO

Yes I think it should but to an extent of someones mentality and if they're liable to take care of themselves without needed help.

 @B2VC2MY from South Carolina  answered…1mo1MO

Yes, as long as it is affordable for all individuals. Health is an essential right to every American regardless of their socio-economic status.

 @B2Q9CDP from Oregon  answered…1mo1MO

I don’t care as long as people can get it and it’s not so expensive that only rich people can get it for example.

 @B2D3HPN from Connecticut  answered…2mos2MO

Already receives the lowest price so I do not believe it should be allowed to negotiate beyond reasonable levels to maintain innovation in the US

 @B258HNRSocialist from California  answered…3mos3MO

While I don't think the government should interfere with the market and people, I also don't trust medical companies to keep drugs at fair prices.

 @B24VGZX from California  answered…3mos3MO

Yes, but not the federal government itself they should be delegated to the state levels where each insurance commissioner will make up 50 commissioners from 50 states the Medicare Commission, they will appoint professional negotiators to negotiate prices then the entire Commission must vote at minimum 55% (an increase from 50%) accept or deny.

 @9ZDFDSN from California  answered…4mos4MO

Yes, but only if they absolutely need to, otherwise the government should not interfere with the free market

 @9ZC5Q7V  from North Carolina  answered…4mos4MO

They should regulate the prices of all medical drugs, not just life-saving ones, as the cost of drugs has increased far too much. Big Pharma needs to be eliminated as an entity and all pharmaceuticals should be regulated properly. All drugs and medicines should also be pushed to have the absolute least amount of side effects and be properly tested under multiple testing areas and authorities before being released to the public, however patients who may benefit from these untested drugs should be allowed to opt-in and become a "tester" if their life depended on it free of cost. The loss of research investment funding should be easily obtainable by the individual companies through donations and their own legal efforts.

 @9ZC4TGSDemocrat from Oregon  answered…4mos4MO

Yes, once the costs become too high for majority of Americans to afford it or once people have to ration meds because they're so expensive

 @9YGZ7VC from Texas  answered…4mos4MO

Yes, as long as it doesn't limit the profit going towards creating new products, furthering the medical advancements should be a priority.

 @9YF4S6J from Pennsylvania  answered…4mos4MO

Yes, as long as there is complete separation from those making those decisions and those making money off the drugs.

 @9Y5QW9JIndependentfrom Maine  answered…4mos4MO

Yes, but only under the condition that the government does not abuse it's powers to negotiate lower prices.

 @9Y8VYQF from Tennessee  answered…4mos4MO

No. Either Medicare drug prices should also be covered by an oversight panel that would protect U.S. consumers from large price hikes, or other groups besides the VA that serve the Medicare-using community should be allowed to negotiate.

 @9Y5L69N from Minnesota  answered…4mos4MO

Yes if the market is TRASH. The government should only intervene on pricing if the price of treatment is a certain percent above the LIVING WAGE. No medication that is LIFE SAVING (ex. underlying, chronic conditions) should be UNavailable to people. Also medications should ONLY be affordable to patients. (AKA- diabetic medicines to diabetics are affordable to them and HEALTHY people want to use it for weight loss should be charged.) People who need care shouldn't be penalized for it and those with extra money to do what they want can do what they want (hopefully with medical guidance) WITHOUT ruining it for the actual victims.

 @9XXTMNW from Michigan  answered…4mos4MO

ONLY should they negotiate drug prices that can have heavy effects on ones body, like fentanyl, or anything of the sort.

 @9XXD4RWfrom Virgin Islands  answered…4mos4MO

si, se ovviamente ci siano delle prove comunque credo che gli stati federali debbano avere il diritto di trattare il prezzo dei farmaci in base alle loro valutazioni con lo stato che fa da appoggio agli stati

 @9XW283M from Louisiana  answered…4mos4MO

I think it should depend on the person like you can fund them and for the drug but they will eventually have to pay for it so

 @9XQSQPG  from New York  answered…4mos4MO

Yes, but there should not be negotiating that involves sacrifice of drug quality control, including manufacturing origin.

 @9XQQXPP from Louisiana  answered…4mos4MO

Yes, if it is serving as a watchdog for pharmaceutical companies and keeping prices as low as possible for low income households and patients with preexisting conditions

 @9XNKP3N  from Kentucky  answered…4mos4MO

Corporations should be capped on profit with strict regulations to ensure lifesaving drug affordability.

 @9XHFG4X from New York  answered…4mos4MO

Yes, when the government is already a participant in the market, it's more distortive to pretend it's not.

 @9XDJBR4Republican from Florida  answered…4mos4MO

Yes, but with more regulations around how they decide on which drugs are being priced a certain way.

 @9XBQJS7 from Montana  answered…4mos4MO

Yes, but they should have price restrictions on drugs for everyone, not just a portion of the population

 @9XBFXMH from Indiana  answered…4mos4MO

Yes but drug costs should be relatively limited so that companies cannot inflate costs to unrealistic amounts.

 @9X9N6FC from South Dakota  answered…4mos4MO

No, but if there were regulations put on the price of some drugs, people wouldn't have a problem affording them.

 @9X7RXJVRepublican from New York  answered…4mos4MO

Pharmaceutical companies offer copay cards but Medicare patients cannot use them to save money. Because the Medicare companies supposedly get the best deals.

 @9WZKTB5No Labels from Indiana  answered…5mos5MO

Yes, as long as it's in the interest of the people who need it instead of the companies looking for more money.

 @9WZH9GL from Arkansas  answered…5mos5MO

Yes, the government should negotiate a maximum and a minimum for drug prices so that it may be affordable for all income ranges

 @9WX47LYRepublican from Oregon  answered…5mos5MO

Yes, the government has inserted itself into the market, so it should be able to negotiate like amy player but ideally Medicare should be disbanded in favor of private sector coverage

 @9WTPMBM  from Alabama  answered…5mos5MO

I don't think the government should entirely intefere with the free market, but drug prices need to go down, so if there was a way to manage similar to the VA, then go for it.

 @9WHF39P from Washington  answered…5mos5MO

It should depend on if the person who is buying the drugs has a history of crime or a history of suicide attempts

 @9WHBG96Libertarian from Texas  answered…5mos5MO

Yes, however the agency responsible should not be directly correlated to any existing pharmaceutical or medical boards. No foxes running the hen house.

 @9WGBVFQfrom Pennsylvania  answered…5mos5MO

Drug prices need to be brought to affordable levels. Life-saving treatment shouldn't be dependent on an individual's financial situation.

 @9WD55B5 from Ohio  answered…5mos5MO

yes and no because they may increase it randomly and decrease it for no reason and for people who don't need and those who do

 @9W8B3XY from Georgia  answered…5mos5MO

some people can barely afford a 50 cent candy. the government shouldn't try to put a price on health

 @Nitehawk7024  from Virginia  answered…5mos5MO

Any drug company that is making over 100 percent profit per perscription drugs needs to be better regulated and the cost of a persons medication to be kept to a reasonable profit margin.

 @9VQ8KHT from Ohio  answered…5mos5MO

No, they should fund Medicare as much as they can without messing with the other stuff they have to fund.

 @9VLBX2Y from Pennsylvania  answered…5mos5MO

the federal government should be able to negotiate drug prices but keep lower income families in mind

 @9VJ3F9B from Arizona  answered…5mos5MO

All medicine should be cost regulated to affordable amounts and should be covered by the government/universal healthcare.

 @9V7KVQT from Pennsylvania  answered…6mos6MO

Only if the Federal Government can get a result that benefits the people, and not Big Pharma in the long run.

 @9V6WCLHDemocrat from California  answered…6mos6MO

Some drug prices are way to high so if they are planning on lowering the prices of those medicines and are being fair to the people who need it by lowering the prices and getting it more accessible than I think they should be allowed to negotiate but if they are planning to raise prices on it then they should not.

 @9V23KY7No Labels from Colorado  answered…6mos6MO

Yes, but only if it is not due to genetic or personal factors like drug abuse or genetic conditions and not injury recovery

 @9TZRTBW from Vermont  answered…6mos6MO

Yes, to those who are in true need. The medical system is severely messed up, once someone sees "Recovering Addict" they don't wanna give you so much as a Tylenol. They need to do full evaluations in the patient before a stronger option comes into play. As well as the doctors need evaluations on their wellbeing if they are mentally well enough to be seeing a patient.

 @9TXX7GS from Ohio  answered…6mos6MO

I feel like we should have to pay for medicare just because if we get it for free then the government would be in debt.

 @9TXKT55 from California  answered…6mos6MO

The federal government should place limitations on the price of all individual pharmaceuticals, based off of their manufacturing costs.

 @ProudJew  from Tennessee  answered…6mos6MO

Drug price negotiation can lower costs, save taxpayer money, and improve access to medicines. To ensure fairness, we need transparency, oversight, and protections for patients and innovation.

 @9TV576L from Pennsylvania  answered…6mos6MO

No, I believe we should not be able to over charge just for the name or necessity of that drug at that moment.

  @charlroycefleIndependence  from Texas  answered…6mos6MO

The government should carefully negotiate price on medicare to protect competitions and helping the everyday people.

 @9TLRXYPfrom Maine  answered…6mos6MO

The government should IMPOSE prices. Cost + reasonable profit to fund research might be arguable; but the tail should never wag the dog. Profiting from healthcare is simply obscene.

 @9TK5XXC from Iowa  answered…6mos6MO

Yes, any insurance program should be able to directly negotiate with their suppliers/drug companies. That said, there should be no kickbacks to regulators so that the prices set are actually in the best interest of the citizens and not just for the pharm company and the legislator

 @9TJB2XH from Arizona  answered…6mos6MO

The Government should have a regulation, but must be approve the prices of drugs to make sure that these prices aren't over price and is accessible to all the people in the US

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