Friday, May 11, 2018

One of his better campaign promises


Among all the calls for racism and other forms of raging hostility, Mango Muffinbutt included an idea that made sense and would benefit a large segment of his voting base and other Americans as well. Medicare pays huge sums of money to Big Pharma because it was prohibited from negotiating drug prices by a previous Republican Congress. Mango promised he would do something about that. As with most of Mango's promises, this one was just so much blown air.
The White House will issue a blueprint that represents “the most comprehensive plan to tackle prescription drug affordability of any president,” a senior official told journalists on Thursday night.

Asked if the plan would include direct negotiations by Medicare, the official said, “No, we are talking about something different.”

“We are not calling for Medicare negotiation in the way that Democrats have called for,” the official said later. “We clearly want to make important changes that will dramatically improve the way negotiation takes place inside the Medicare program.”

As he campaigned for the presidency, Mr. Trump boldly broke with his party and embraced a longstanding Democratic proposal when he called for the federal government to use its buying power to negotiate lower drug prices for Medicare recipients. The proposal was popular with voters but not with other Republican politicians, who had been battling it for years.

Under Part D of Medicare, millions of older Americans receive insurance coverage for prescription drugs. The benefit is delivered entirely by private entities under contract with Medicare. These private entities — insurance companies and the middlemen known as pharmacy benefit managers — negotiate prices with drugmakers. But under a 2003 law, the federal government “may not interfere” in those negotiations.

The president’s plan will make it easier for private plans to negotiate “better deals for our seniors, especially for high-cost medications,” said the senior administration official, who spoke on the condition that he would not be named. The official refused to provide details, which he said would be disclosed on Friday.

Congressional Democrats said they would like to work with Mr. Trump on plans to rein in drug costs, but they predicted that his proposals would be inadequate.

“On the campaign trail, he spoke like a populist,” the Senate Democratic leader, Chuck Schumer of New York, said on Thursday. “He talked the talk, but he has failed — at least so far — to walk the walk.”

The president’s plan will make it easier for private plans to negotiate “better deals for our seniors, especially for high-cost medications,” said the senior administration official, who spoke on the condition that he would not be named. The official refused to provide details, which he said would be disclosed on Friday.

Congressional Democrats said they would like to work with Mr. Trump on plans to rein in drug costs, but they predicted that his proposals would be inadequate.

“On the campaign trail, he spoke like a populist,” the Senate Democratic leader, Chuck Schumer of New York, said on Thursday. “He talked the talk, but he has failed — at least so far — to walk the walk.”
That certainly is an unusual approach to the problem, making other countries pay more for drugs and hoping that Big Pharma will drop their domestic prices because of the huge profits they will be making overseas. Sure sounds like a winner from Our Beloved Leader Mango Muffinbutt.

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