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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Drug Prices ... cutting them bigly

Drug Prices ... cutting them bigly

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  • MikM Away
    MikM Away
    Mik
    wrote last edited by
    #7

    Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

    jon-nycJ Doctor PhibesD 89th8 3 Replies Last reply
    • LuFins DadL LuFins Dad

      What he’s saying is that he’s basically going to pay people to stay home and take drugs.

      Not too different than the Carter years, really.

      jon-nycJ Online
      jon-nycJ Online
      jon-nyc
      wrote last edited by
      #8

      @LuFins-Dad said in Drug Prices ... cutting them bigly:

      What he’s saying is that he’s basically going to pay people to stay home and take drugs.

      Not too different than the Carter years, really.

      The beta test of that in San Francisco was a bit of a mess.

      Thank you for your attention to this matter.

      1 Reply Last reply
      • MikM Mik

        Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

        jon-nycJ Online
        jon-nycJ Online
        jon-nyc
        wrote last edited by jon-nyc
        #9

        @Mik said in Drug Prices ... cutting them bigly:

        Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

        I don’t think he has. Just announced a plan an intent to do so.

        Thank you for your attention to this matter.

        1 Reply Last reply
        • MikM Mik

          Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

          Doctor PhibesD Online
          Doctor PhibesD Online
          Doctor Phibes
          wrote last edited by Doctor Phibes
          #10

          @Mik said in Drug Prices ... cutting them bigly:

          Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

          What's he done? Is it going to be awesome?

          Because to be honest, and I hate to sound ungrateful, but I'm a little tired of winning.

          I was only joking

          1 Reply Last reply
          • MikM Mik

            Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

            89th8 Online
            89th8 Online
            89th
            wrote last edited by
            #11

            @Mik said in Drug Prices ... cutting them bigly:

            Ok so the laugh is over, he’s actually done something about it. Anyone care to comment on that?

            Has he? Or is this similar to the “I reduced egg prices by 700%” or whatever? Really wish I could believe anything he states as a fact.

            1 Reply Last reply
            • MikM Away
              MikM Away
              Mik
              wrote last edited by
              #12

              He took an action. What do you think might be the result?

              "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

              Doctor PhibesD 1 Reply Last reply
              • jon-nycJ Online
                jon-nycJ Online
                jon-nyc
                wrote last edited by
                #13

                I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.

                We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.

                Thank you for your attention to this matter.

                MikM 1 Reply Last reply
                • MikM Mik

                  He took an action. What do you think might be the result?

                  Doctor PhibesD Online
                  Doctor PhibesD Online
                  Doctor Phibes
                  wrote last edited by
                  #14

                  @Mik said in Drug Prices ... cutting them bigly:

                  He took an action. What do you think might be the result?

                  An equal and opposite reaction?

                  This is a science thread, after all.

                  I was only joking

                  1 Reply Last reply
                  • jon-nycJ jon-nyc

                    I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.

                    We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.

                    MikM Away
                    MikM Away
                    Mik
                    wrote last edited by
                    #15

                    @jon-nyc said in Drug Prices ... cutting them bigly:

                    I don’t think he’s taken any actions yet. He sent a threatening letter about equalizing prices with Europe which would be a disaster if we implemented that in a short timeframe.

                    We are in an unsustainable position where the US basically pays for drug development while other countries pay something more like marginal cost. It’s like a huge trade imbalance, you want to fix it but it needs to be done over time.

                    It's a start.

                    "The intelligent man who is proud of his intelligence is like the condemned man who is proud of his large cell." Simone Weil

                    1 Reply Last reply
                    • jon-nycJ Online
                      jon-nycJ Online
                      jon-nyc
                      wrote last edited by
                      #16

                      We’ll see.

                      In his first term he campaigned on allowing Medicare to negotiate drug prices. Then he got elected and Pharma rolled him in one meeting.

                      Biden then got it done, at least a start, with 10 drugs.

                      Thank you for your attention to this matter.

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