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Re: Pharma costs [Re: Allison1] #13643616 07/25/20 03:40 AM
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the skipper Offline
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I would think instead of lowering prices here they would raise prices everywhere else.

Re: Pharma costs [Re: Kentucky] #13643617 07/25/20 03:46 AM
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joebass2 Offline
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Originally Posted by Kentucky
goodrx.com is where it's at



+1

Re: Pharma costs [Re: Allison1] #13643625 07/25/20 03:50 AM
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ReelBusy Online Content
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Hope the outcome is as intended. I have no doubt pharma will try to circumvent it

Quote
Allow states, wholesalers and pharmacies to import FDA-approved drugs from foreign countries and sell them in the U.S. Trump has long complained that countries where the government sets the price of drugs are taking advantage of American consumers. The order includes a special provision to allow wholesalers and pharmacies to re-import insulin and biological drugs. The pharmaceutical industry says importation could undermine U.S. quality standards.


Use the lowest price among other economically advanced countries to set what Medicare pays for certain drugs administered in a doctor's office, including many cancer medications. This would apply to the most expensive medications covered by Medicare's "Part B," which pays for outpatient care. Drugmakers are particularly leery of the approach, since Democrats want to use it more broadly to allow Medicare to directly negotiate prices.


Direct federally funded community health centers to pass discounts they now get for insulin and EpiPens directly to low-income patients.


Ensure that rebates drugmakers now pay to benefit managers and insurers get passed directly to patients when they buy a medication. The White House last year withdrew an earlier version of the proposal, after the Congressional Budget Office estimated it would cost taxpayers $177 billion over 10 years. Administration officials now question that number.

Re: Pharma costs [Re: Allison1] #13643627 07/25/20 03:57 AM
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Source: FDA; Safeguarding Pharmaceutical Supply Chains in a Global Economy, October 2019Source: FDA; Safeguarding Pharmaceutical Supply Chains in a Global Economy, October 2019
There are nearly 2,000 manufacturing facilities around the world that provide pharmaceutical drugs to the United States. Of those, 230 are in China. There are 510 in the United States and 1,048 in the rest of the world. Even though the number of manufacturers in the United States is at a historical low, the supply chain is clearly quite diverse.


“No reasonable person would conclude that the statements were truly statements of factâ€
P01135809
Re: Pharma costs [Re: Allison1] #13643628 07/25/20 04:00 AM
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IBMTB


Hey pull my finger 👉ðŸ»ðŸ’¨
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