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John R Moffett's avatar

When your policies are death and destruction, just talk about freedom and democracy. What else can they do? Talk about finishing the job in Palestine? Talk about bombing more countries? They only have platitudes, and I will be shocked if that nonsense works on anyone.

The Watchman's avatar

Biden bragging about lowering drug prices for Medicare Part D is basically "BS". The first 10 drugs they chose aren't even being negotiated with the drug companies until 2026, two more years. The number of drugs subject to price negotiation will increase in future years: 15 Medicare Part D drugs for 2027, another 15 drugs covered under Medicare Part D or Part B for 2028, and another 20 drugs covered under Part D or Part B drugs for 2029 and later years. - https://www.kff.org/medicare/issue-brief/faqs-about-the-inflation-reduction-acts-medicare-drug-price-negotiation-program/#drugs_selected_for_price_negotiation

The number of drugs with negotiated prices available will accumulate over time. Believe me, there will be loopholes. One of the first drugs is Eliquis, a blood thinner by our friends from Pfizer which is used primarily for Afib of the heart.

Afib has increased since Covid, some blame Covid, others blame the vaccine for heart issues. Doesn't matter what your take is on that. Pfizer's got it covered!

I take Eliquis for this condition and it is expensive once you reach "the donut hole" in Part D for prescription drug prices. There is no generic available through Medicare plans, although there is a generic available and used in Canada. I was told this by a pharmacist, who said that that was due to previous negotiations with Medicare that there would be no substitute ( generic ). So there you have it on how the negotiations might go in the future.

In the meantime, I recently read an article where the drug companies have already raised the price on over 500 drugs starting on the first of the year. - https://www.cnbc.com/2023/12/29/drugmakers-set-to-raise-us-prices-on-at-least-500-drugs-in-january.html

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