President Obama (“Change!”) is proving the Who to be correct.
Despite repeated statements that it wasn’t happening, the White House has sold us short to Big Pharmacy yet again.
The agreement calls for a paltry increase in Medicaid rebates (less than 20%), minimally increasing discounts of some drugs for some patients, and other measures that will cost the pharms up to $80 billion. In return, the White House will oppose importation of drugs from Canada, block efforts to increase rebates on Medicare D, oppose opening additional drug availability from Medicare B to Medicare D (which would make them cheaper), and no effort on the government’s part will be made to negotiate better drug prices.
The son-of-a-bitch sold us out, lied about it, and then got caught.
So. What are you going to do about this?
…and let’s not forget Big Pharm’s planned $150 million advertising campaign to tout this travesty.