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

Alice@hilariouschaos.com ⁨3⁩ ⁨weeks⁩ ago

• Chucklestheclown@hilariouschaos.com ⁨3⁩ ⁨weeks⁩ ago

  I am not a huge fan of price controls but drug companies need some rails as they shouldn’t charge Americans more then other countries.

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  • HelixDab2@lemm.ee ⁨3⁩ ⁨weeks⁩ ago

    You know what would really do that? What would ACTUALLY do that?

    Single-payer healthcare, AKA socialized medicine. Then you have the gov’t negotiating the price for ALL drugs for EVERYONE. That is exactly how every other first-world country does it, and that’s the reason why they all pay lower prices. Until 2022, with the Inflation Reduction Act, Medicare wasn’t allowed to negotiate, and the IRA only allows the gov’t to negotiate some very high-dollar drugs.

    And executive order does abso-fucking-lutely nothing. EOs can–at best–only directly affect gov’t agencies. You can’t use an EO to force a private corporation to give you better prices.

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    • Chucklestheclown@hilariouschaos.com ⁨3⁩ ⁨weeks⁩ ago

      So you’re for taxing the living shit out the poor and middle class like other countries ? Glad to hear it.

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      • HelixDab2@lemm.ee ⁨3⁩ ⁨weeks⁩ ago

        We pay far, far more, as a proportion of our income, for medical care than any other western country, and that’s when you consider the taxes that other countries pay. We also have, by far, the worst medical outcomes. Socialized healthcare costs less, and has better outcomes, than paying on your own or using private insurance, and allows for better control over ballooning healthcare costs.

        Your belief that it would cost more proves that you fundamentally don’t understand how medical care is priced. We’re paying Bugatti prices and getting Yugos. We have hundreds of insurance companies negotiating prices with thousands of medical groups, and a handful of massive pharmaceutical companies; they simply don’t have the leverage to control costs or negotiate better rates, and none of them have a risk pool large enough to make the costs truly cheap for every single person.

        And, BTW, yes, I AM in favor of raising taxes. On everyone. Because we deserve more from our gov’t than what we’re getting. Things like a public education system that works, criminal justice that isn’t for-profit and actually reforms people, infrastructure that isn’t crumbling, public services that are owned by the public, and so on. Privatising everything has been a disaster; we pay more and get less.

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  • Alice@hilariouschaos.com ⁨3⁩ ⁨weeks⁩ ago

    Agreed

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