Democrats want their cake and eat it too

Why their plan to negotiate for lower drug prices will fail:

Democrats want the government to negotiate lower drug prices for Medicare beneficiaries, but insist that the government should not decide which drugs are covered.

Many economists and health policy experts see this as a paradox. The only way to get big savings and discounts, they say, is to steer patients to certain preferred drugs.

Related posts:

1. Unintended consequences of the government negotiating drug prices
2. Will the Democrats’ victories affect health-care policy?
3. Why insurers are supporting the Democrats
4. Medicare drug negotiation
5. A warning to those who want government negotiation of drug prices
6. Wal-Mart: The Democrats’ best hope for cheap prescriptions
7. Sicko and the Democrats

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Tagged as: drugs, Medicare, patient