(C) Center for Economic & Policy Research
This story was originally published by Center for Economic & Policy Research and is unaltered.
. . . . . . . . . .
Reuters Mistakenly Implies that the United States Government Does Already Negotiate Drug Prices [1]
['Dean Baker']
Date: 2023-10-01 11:23:00+00:00
A piece on a U.S. District Court judge’s ruling in favor of the Biden administration’s plan to negotiate on the price Medicare pays for drugs concluded by telling readers:
“Many other countries already negotiate drug prices.”
In fact, the United States government already negotiates drug prices for programs like the Veterans’ Administration and Federal Employee’s health care program. The issue is whether to extend negotiations to Medicare, not whether to introduce something altogether novel to the United States.
[END]
---
[1] Url:
https://cepr.net/reuters-mistakenly-implies-that-the-united-states-government-does-already-negotiate-drug-prices/
Published and (C) by Center for Economic & Policy Research
Content appears here under this condition or license: Creative Commons 4.0 Int'l..
via Magical.Fish Gopher News Feeds:
gopher://magical.fish/1/feeds/news/cepr/
