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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSanders: Will Trump Really Take on Pharmaceutical Industry? I Hope So
Tuesday, January 31, 2017
WASHINGTON, Jan. 31 Sen. Bernie Sanders (I-Vt.) said Tuesday he will soon introduce legislation to lower prescription drug prices and hoped that President Donald Trump would support the effort.
Sanders and Rep. Elijah E. Cummings (D-Md.) are drafting legislation to significantly bring down drug prices in the United States.
While five major drug manufacturers made more than $50 billion in profits in 2015, nearly 1 in 5 Americans could not afford the medicine they were prescribed at a time when Americans pay, by far, the highest prices in the world for prescription medicine. It is beyond comprehension that while Americans are dying because they cannot afford the medications they need, the 10 highest-paid CEOs in the pharmaceutical industry collectively made $327 million in 2015, Sanders said.
I look forward to working with President Trump on this issue if he is serious about standing up to the pharmaceutical industry and reducing drug prices, Sanders said after Trump met with chief executives of several top drugmakers at the White House Tuesday.
The Sanders and Cummings proposal would allow Medicare, the health care program for seniors and people with disabilities, to negotiate with drugmakers for lower prices. The root of this problem is that we are the only major country not to negotiate drug prices with the pharmaceutical industry. You can walk into a pharmacy today and the price could be double or even three times what you paid for the same medicine a year ago, Sanders said.
Their legislation also would allow the importation of less expensive but safe and affordable drugs from other countries. The allergy treatment EpiPen, for example, costs $638 in the U.S. compared to $293 in Canada. A popular drug for high cholesterol, Crestor, costs $779 in the U.S. but $201 in Canada. Abilify, a depression medication, costs $2,852 for a 90-day supply in the U.S. but only $546 in Canada.
https://www.sanders.senate.gov/newsroom/press-releases/sanders-will-trump-really-take-on-pharmaceutical-industry-i-hope-so
nycbos
(6,034 posts)... I have bridge in Brooklyn to sell him.
LanternWaste
(37,748 posts)If you actually believe this is a sincere overture rather than simple, standard political maneuvering, I have a bridge in the Sahara to sell you.
nycbos
(6,034 posts)I think he believes that he can work with him.
thesquanderer
(11,986 posts)NWCorona
(8,541 posts)So he's using direct psychology. Trump is easily triggered and that isn't a good thing.
SMC22307
(8,090 posts)and will pounce, along with Elijah Cummings (D-MD), when Drumpf breaks his promise. Astronomical prescription drug costs affect everyone, but seniors in particular -- a voting bloc that pays attention. The GOP claims Medicare is too costly and wants to slash benefits and raise the entitlement age from 65 to 67. Connect the dots: insanely expensive drugs are a contributing factor, and Sanders and other Democrats are trying to fix the problem. This is a vital issue and should not be diminished by anyone one this board who purports to be a Democrat.
DeminPennswoods
(15,285 posts)No offense to Sen Sanders and Rep Cummings, but right now there are a few more important issues facing our country.
Donkees
(31,391 posts)SMC22307
(8,090 posts)Who wants to talk about cuts to Medicare when there are movies to be made!
SMC22307
(8,090 posts)The NC GOP slashed and burned its way through North Carolina... they don't sit around fretting about "timing." The slash-and-burn is coming nationwide folks, and Medicare is on the chopping block. The GOP wants to cut Medicare benefits and raise the entitlement age from 65 to 67 because they claim the program is too costly. Connect the dots: insanely expensive drugs contribute the cost. This is an issue of vital importance and should not be dismissed by anyone on this board who claims to be a Democrat.
TrekLuver
(2,573 posts)randome
(34,845 posts)[hr][font color="blue"][center]Aspire to inspire.[/center][/font][hr]
SMC22307
(8,090 posts)some on this board may poo-poo that, but this is a HUGE issue to millions of Americans. The GOP isn't going to sit around waiting for the "right time," they're going to steamroll the fuck out of this country like the NC GOP did when it seized power. I applaud Mr. Sanders and Mr. Cummings for sounding the alarm on the issue of exorbitant prescription drug costs.
Walk and chew gum at the same time -- YES WE CAN.
Blue_Adept
(6,399 posts)All this does is further legitimize Trump at a point where it's plain and clear that Trump is dismantling all the norms of governance.
SMC22307
(8,090 posts)Surely you get that.
Blue_Adept
(6,399 posts)Roll your eyes elsewhere.
SMC22307
(8,090 posts)but millions of Americans of all political stripes do give a shit about prescription drug costs, Medicare cuts, raised entitlement age, etc. and they're paying attention, and they vote.
Truly.
TCJ70
(4,387 posts)There is absolutely nothing wrong with what Sanders said. If Trump does something to address the pharma industry's wrongs, great! If not, I expected that!
Fresh_Start
(11,330 posts)putin supported Sanders as a disrupter to the democratic party.
he legitimized trumps not releasing his tax returns
he split the democratic supporters allowing trump to win
he says he can work with trump
can we stop talking about and hero-izing bernie
alarimer
(16,245 posts)Bernie is far better than most in the Senate. And sometimes it does pay to be strategic about opposition. If (and that is a really big if because I doubt it will even happen) Trump proposes something that is good, the Democrats need to work with him on it, maybe undercutting Republicans in the process. I'm not holding my breath, but I believe this is all Bernie has been saying.
And you are wrong about the primary, by the way. Having a robust fight in the primaries is a good thing and should always happen. It's should be no one's "turn" at the nomination. Not ever. I voted for him because I hated the idea that the nomination should be handed to anyone without competition. Otherwise we might as well return to the bad old days of back-room deals.
Fresh_Start
(11,330 posts)as long as it does not play into the opposition's hands.
This time Bernie's actions ultimately supported Trump's win.
So the strategy was terribly flawed...and we are all paying for it now.
alarimer
(16,245 posts)You have not one shred of evidence.
ismnotwasm
(41,976 posts)He is well known for playing the middle-man between Democrats and Republicans. I am surprised he hasn't joined the resistance however.
SidDithers
(44,228 posts)A lot happened in the 2016 campaign, but one of the things Donald Trump did to win the election was shift to the left on a number of key issues promising to avoid cuts in Social Security and Medicare benefits and adopting a longstanding Democratic pledge to let Medicare negotiate bulk discounts in the price it pays for prescription drugs.
Today, after a meeting with pharmaceutical industry lobbyists and executives, he abandoned that pledge, referring to an idea he supported as recently as three weeks ago as a form of price fixing that would hurt smaller, younger companies. Instead of getting tough, Trumps new plan is that hes going to be lowering taxes and getting rid of regulations.
New drugs are generally covered by patent monopolies, so drug companies have a lot of pricing power; other companies cant produce the same drug without paying royalties, so theres little competition. But most countries use their nationalized health care systems to negotiate a good deal on drug prices. Manufacturing pills is cheap, so its usually still profitable for a company to sell medicine at a pretty steep discount.
http://www.vox.com/policy-and-politics/2017/1/31/14453740/trump-medicare-prescription-drugs
Delightful!
Sid
BeyondGeography
(39,370 posts)Just stop.