They are preparing new laws in the house of representatives with real teeth to curb drug prices. to the effect change.
Here is proof it is for real: “The proposals from Senator Sanders would wreak havoc on the U.S. health care system,” the Pharmaceutical Research and Manufacturers of America (PhRMA), the industry’s top U.S. lobbying group (the Pharma industry is the highest profit margin industry in the world, by far)
1. Forbes: Progressive Democrats Have A Plan To Drastically Lower Drug Prices For Medicare Beneficiaries.
forbes.com/sites/nancyaltma...
The Medicare Negotiation and Competitive Licensing Act of 2019, sponsored by Representative Lloyd Doggett (D-TX) and 122 of his fellow Democrats, is currently pending before the Energy and Commerce Committee and the Ways and Means Committee.
The bill authorizes the government to negotiate drug prices. If a drug company refuses to negotiate in good faith, the government can offer a competitive license to another, so that prices can be set by competition, not by monopoly.
It is important to recognize how moderate this approach is. A recent study, published in the Proceedings of the National Academy of Sciences, found that the development of every single one of the 210 new drugs approved by the federal government from 2010 through 2016 involved research funded by the National Institutes of Health. Given that our tax dollars fund the research, we could publicly manufacture prescription drugs or contract with a private manufacturer to do so.
2. Rueters: Sen. Sanders, Rep. Cummings introduce bill to lower U.S. drug prices
reuters.com/article/us-usa-...
The proposed legislation, which has several co-sponsors among Democrats in the House of Representatives and in the Republican-led Senate, is comprised of three bills that aim to curb drug costs.
The Sanders and Cummings bill would peg U.S. prescription drug prices to the median price from five countries - Canada, Britain, France, Germany and Japan - where drug costs are typically far lower because of government price controls.
The bill would also allow the U.S. Secretary for Health and Human Services (HHS) to negotiate prices in Medicare Part D, a program that helps Medicare beneficiaries pay for self-administered medicines like those purchased at drugstores.
The proposal would also end a ban that keeps Americans from buying medicines at lower prices from Canada and other countries.
3. Here is what you can do.
This legislation will easily pass in the house. It is likely to be blocked by Republicans in the senate.
If you have a Republican Senator, call him or her and tell them you always vote for them, but on this you are a single issue voter. If they
(A) directly or indirectly obstruct this legislation, or
(B) fail to threaten Majority Leader McConnell with legislative insurrection if he slow walks this legislation or blocks a vote on it,
THEN...
(C) You will for sure vote against them next election, regardless of who is running against them, regardless of anything. PERIOD.
That is language they will understand. It is probably the only language they will understand.