The plan won't be limited to Medicare prescriptions but will also target medications covered by Medicaid and private insurance. Weight-loss drugs are expected to be on the list.
by aligning what the government pays for certain medications to the prices paid in other countries.
Big pharma will just raise the rate across the world, in some cases against the local country controls. So those govts will just authorise the use and manufacture of generics, like India did who invalidated copyrights, to bring down the costs. Next, big pharma will get generics banned in the US so back to square one with the high prices.
Nearly every other country negotiates drug prices as a bloc, the companies have no power in universal healthcare models. Which is why insulin is dozens of times cheaper anywhere but the US.
Big pharma will just raise the rate across the world, in some cases against the local country controls. So those govts will just authorise the use and manufacture of generics, like India did who invalidated copyrights, to bring down the costs. Next, big pharma will get generics banned in the US so back to square one with the high prices.
Nearly every other country negotiates drug prices as a bloc, the companies have no power in universal healthcare models. Which is why insulin is dozens of times cheaper anywhere but the US.
This sounds semi-likely. Pretty much anything that Trump does should be looked at through the lens of a Russian agent.