2020 Presidential Race

#16,202
#16,202
zeppelin128 said:
If they refuse to negotiate on drug prices, there is a 65% tax on the pharmaceutical companies per quarter, increasing by 10% per quarter until they do so. It will absolutely hit them. With caps on monthly out of pocket for drug costs for consumers, it does the direct opposite of what you say.
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What is stopping the drug companies from passing those costs on to the consumer? I’d love for my mom to not have to spend so much for her medications but not if it means my fiancé’s costs are quadrupled.
 
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#16,203
#16,203
zeppelin128 said:
If they refuse to negotiate on drug prices, there is a 65% tax on the pharmaceutical companies per quarter, increasing by 10% per quarter until they do so. It will absolutely hit them. With caps on monthly out of pocket for drug costs for consumers, it does the direct opposite of what you say.
Click to expand...

You guys never will figure out who actually pays corporate taxes.
 
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#16,205
#16,205
MG1968 said:
What is stopping the drug companies from passing those costs on to the consumer? I’d love for my mom to not have to spend so much for her medications but not if it means my fiancé’s costs are quadrupled.
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The caps extend to private insurance, if that private company wants to adopt them. Pete's plan introduces competition into the insurance market. He will have a public option, but not do away with private insurance. If those private insurance companies want to remain cost effective and competitive, they will adopt the same drug cost caps as Pete's public option. If they don't, your fiance would find better, more cost effective insurance through the public option he proposes.

It is a pretty solid proposal. Pete's white paper gets into the specifics.
 
#16,206
#16,206
zeppelin128 said:
The caps extend to private insurance, if that private company wants to adopt them. Pete's plan introduces competition into the insurance market. He will have a public option, but not do away with private insurance. If those private insurance companies want to remain cost effective and competitive, they will adopt the same drug cost caps as Pete's public option. If they don't, your fiance would find better, more cost effective insurance through the public option he proposes.

It is a pretty solid proposal. Pete's white paper gets into the specifics.
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Name one time price controls succeeded.
 
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#16,207
#16,207
zeppelin128 said:
If they refuse to negotiate on drug prices, there is a 65% tax on the pharmaceutical companies per quarter, increasing by 10% per quarter until they do so. It will absolutely hit them. With caps on monthly out of pocket for drug costs for consumers, it does the direct opposite of what you say.
Click to expand...

Who is gonna pay when those caps are met? Do you honestly believe the pharmaceutical companies are gonna just be cool with cutting their bottom line by billions? Looks like drug prices are gonna increase by 65% under Pete’s plan and an increase of 10% more every 3 months.
 
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#16,209
#16,209
C-south said:
Who is gonna pay when those caps are met? Do you honestly believe the pharmaceutical companies are gonna just be cool with cutting their bottom line by billions? Looks like drug prices are gonna increase by 65% under Pete’s plan and an increase of 10% more every 3 months.
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Bad actors eventually have their patents seized by the government if they refuse to negotiate fair prices.

It is all right there in the white paper.
 
#16,214
#16,214
Persian Vol said:
How would you explain the absurdity of charging $300+ dollars for insulin that costs $6 to make.
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Tell me about it. My Mom is turning 91 this month, worked more than 20 years as an accountant at UT Medical Center and yet, in her retirement the medical only pays for her insulin for the first 6 months of the year and it costs $250 a month for the 2nd half of the year. Fortunately I am able to pay that for her.
 
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#16,215
#16,215
zeppelin128 said:
Bad actors eventually have their patents seized by the government if they refuse to negotiate fair prices.

It is all right there in the white paper.
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The Government decides who the bad actors are and steals ummm seizes their patents. You do know what kind of government does that right ?
 
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#16,216
#16,216
Persian Vol said:
How would you explain the absurdity of charging $300+ dollars for insulin that costs $6 to make.
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Drug mergers all neatly approved courtesy of a bought and sold congress. Competition does wonders for the consumer. Monopolistic mergers do wonders for the manufacturer ... guess who congress represents ... all of congress? It ain't you; you ain't no fortunate son.
 
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#16,219
#16,219
#16,221
#16,221
AM64 said:
Where are you going to find a winner? Warren and your boy aren't going to cut it.
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Biden has some baggage, but he is trouncing Trump in state polls, as is Bernie and Warren.

After Pete wins Iowa, he will eventually secure the nomination. And Trump won't stand a chance against Pete's message.
 
#16,222
#16,222
zeppelin128 said:
Biden has some baggage, but he is trouncing Trump in state polls, as is Bernie and Warren.

After Pete wins Iowa, he will eventually secure the nomination. And Trump won't stand a chance against Pete's message.
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We keep telling you it's Warren. Biden and Bernie aren't going to be finishers. And Pete's not in the running.
 
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#16,224
#16,224
AM64 said:
We keep telling you it's Warren. Biden and Bernie aren't going to be finishers. And Pete's not in the running.
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Seems like somebody in here is hard-headed and puts their hopes dreams & total trust in lying phony polls.
Setting themselves up for a big disappointment & heartbreak.......have to learn the hard way just like children.
 
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