EPISODE · Aug 29, 2023 · 24 MIN
The Coming Price Caps -- and Shortages -- in Medicare
The Biden administration has announced its first ten prescription medicines to qualify for their price "negotiation" with manufacturers. This isn't much of a negotiation, as American Commitment president Phil Kerpen reveals. The new authority for price "negotiation" includes draconian tax penalties for those companies that refuse to allow Medicare/Medicaid to set price caps. The end result won't be cheaper medicines, Phil explains, but scarcity.
What this episode covers
The Biden administration has announced its first ten prescription medicines to qualify for their price "negotiation" with manufacturers. This isn't much of a negotiation, as American Commitment president Phil Kerpen reveals. The new authority for price "negotiation" includes draconian tax penalties for those companies that refuse to allow Medicare/Medicaid to set price caps. The end result won't be cheaper medicines, Phil explains, but scarcity.
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The Coming Price Caps -- and Shortages -- in Medicare
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