Posted on 09/24/2020 1:53:55 PM PDT by Freedom'sWorthIt
President Trump speaks first in Charlotte, NC - focus is Healthcare.
Prescription drug prices in US to match prices in other countries. Not sure of all the details. Something about favored nations and their prices ( missed part of that as I’m doing 4 things at same time).
Generic drugs from Canada once again open to purchase in US. Said something about Canadian price is one third of US prices but some countries (like Germany) are a fifth of Canadian prices, and that is the prices he is demanding for US. Said the Pharmaceutical companies are now calling and want to make a deal they never did before.
Insulin prices dropped down a lot.
It’s on OAN right now
I’m concerned about the price drops of drugs. Less profit means less incentive to develop new drugs or expand production. That could end up being a bad thing.
I just watched the dems house majority leader on Fox and he is a typical leftist black racist who can not possibly have an IQ higher than Forrest Gump. Hard to believe anyone would knowing vote for someone so ignorant to represent them. But as long as they have a “D” next to their name some voters would vote for a lobotomized mental patient.
No, I watched it on WH.gov.
LMAO-HARDBALL HARDBALL HARDBALL
just saw an ad in TX from some chick Soros leftist candidate regarding pre-existing conditions...looks like Trump just grabbed it right off the table!!!
I never realized until his speech that we were actually subsidizing Europe’s utopian socialist healthcare
Ugh
And their self defense and education.
Or they would manufacture votes for them. Voter fraud isn’t just Presidential elections.
I’m concerned about the price drops of drugs. Less profit means less incentive to develop new drugs or expand production. That could end up being a bad thing.
...
Trump’s goal is for the US to stop subsidizing significantly lower prices for the rest of the world. Drug companies can make the same amount of money, but the US will pay less, while the moochers will pay more.
I had thought of that and it is valid point. We also need stronger patent controls to stop the world from stealing US research when they read about it in scientific journals.
No...its called "right to choose" means that US agencies are obliged to purchase drugs and pharmaceuticals at the lowest price charged for the same product by any country.
So if Italy for example purchases a pill in bulk from India and that happens to be the lowest price then US has to get the same price...otherwise extreme sanctions will be applied to the country of origin.
It doesn’t change the economic effects of a drop in profits.
If co7pd mean they have to raise the price of their drugs in other countries, so the cost of drug investmemt is more equitably spread.
Us paying less is not a bad thing. Other countries being subsidized by us so they can continue to have lower drug prices is a bad thing.
Having most pharmaceutical drugs manufactured in China is a bad thing.
Americans being able to afford drugs that their lives depend on and/or enable them to work rather than live on assistance is a very good thing.
Pharmaceutical companies will continue to develop drugs that is their business. Even if they were to garner half the profit they now make they would remain the envey of other industries because of their profitability level.
This is win win win win win, it is sad however how many died because they couldn’t afford certain drugs.
We have subsidized Europe in every way possible, maybe the time is coming when they will realize they cannot afford to be globalists any longer. This chops the legs right out from underneath globalism and it’s wealth redistribution objectives and current practices.
The incentive will always exist.
Exactly.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.