Comment on Trump to sign executive order he says will slash drug prices by up to 80%

• Chucklestheclown@hilariouschaos.com ⁨1⁩ ⁨week⁩ ago

  Google is your friend. You don’t remember Biden touting insulin prices ?

  …archives.gov/…/fact-sheet-president-bidens-cap-o…

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  • protist@mander.xyz ⁨1⁩ ⁨week⁩ ago

    Biden had CMS (The Center for Medicare and Medicaid Services) negotiate some drug prices with pharmaceutical companies on behalf of Medicare recipients. This is entirely legal, because the federal government is the payer for people with Medicare. Pharmaceutical companies want Medicare to keep covering their drugs, so they’re willing to come to the table. Again, this is for Medicare only.

    What’s harebrained, blatantly not legal, and unimplementable is, “I hereby order all drug prices in the US to be the lowest in the world!”

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    • Chucklestheclown@hilariouschaos.com ⁨1⁩ ⁨week⁩ ago

      It isn’t my job to link everything for you. People don’t typically ask to be cited common knowledge.

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