Bernie Sanders
Related: About this forumBernie Sanders is unleashing a plan to make prescription drugs cheaper
Generic drug prices have nearly quadrupled in the past five years and Sen. Bernie Sanders (I-VT) has a plan to fix it.
On Monday, Sanders, who is also running for the Democratic presidential nomination, rolled out a proposal that would place strict limits on how quickly pharmaceutical companies could hike generic drug prices. Specifically, drug manufacturers would have to pay a rebate back to Medicaid if their drug prices grew faster than inflation. Rep. Elijah Cummings (D-MD) is introducing the same bill in the House.
Generic drugs are cheaper versions of drugs that have lost their patent. But in recent years, the prices for generic drugs have been rising quickly and inexplicably. One report from pharmacy benefits manager Catamaran found that consumers paid, on average, $13.14 for each prescription of the 50 most popular generics in 2010. By 2014, they paid $62.10 a 373 percent increase.
Sanders has previously cited federal records at hearings, showing that the prices of more than 1,200 generic medications rose an average of 448 percent between July 2013 and July 2014.
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https://www.vox.com/2015/5/19/8624879/sanders-prescription-drug-prices
kenfrequed
(7,865 posts)Actually we all need this!
Our government seems more concerned with securing the future of Pfizer's profits (see also: the TPP) than they do assuring that they don't gouge people for medication they need to survive. We need cost controls on these jerks!
darkangel218
(13,985 posts)And we need Bernie to make this happen!
Go Bernie!!!!
jtuck004
(15,882 posts)criminally charged.
But we let companies exploits working Americans for excessive profits - that's you - and need to elect someone new to do something about it.
Hoping we get a Democrat this time, or is something else supposed to be the magic potion?
Go Bernie. But why wait?
kenfrequed
(7,865 posts)He is rolling out a lot of his policy positions that are part of of his platform on the floor of the US Senate!
daleanime
(17,796 posts)mean nothing.
NYC_SKP
(68,644 posts)Someone needs to explain to me again why we're even discussing anyone else.
Dustlawyer
(10,495 posts)He has the patience of Job in these interviews where each and every interviewer has to ask the long shot question, or "Do you think you have a chance?" Real a Democrats should be lining up behind this man instead of conceding they have to vote for Hillary. She is so bought off she won't take a position on the TPP. Your running for President and you don't weigh in on this issue? I know there are a lot of Hillary supporters here, but ask yourself, would she be better than Bernie?
Paka
(2,760 posts)or even thinking about running, that would be better than Bernie. Whether Democrat, GOP or Independent, all caring intelligent individuals should be clamoring to vote for this man.
AzDar
(14,023 posts)Enthusiast
(50,983 posts)Even more amazing, the others are not worth a fuck.
Doctor_J
(36,392 posts)rec