You know, negotiation sounds good, but what happens when the government negotiates? It doesn't mean negotiate; it means price-fixing, the setting of prices decided by the government. That is the only thing that will be allowed. This will, by its very design, decrease the number of medications available to seniors and ultimately to all Americans. This isn't just about Medicare's prescription drug program. This is a philosophical question about who ought to be making medical decisions, government bureaucrats or patients and physicians. We believe, as a matter of principle, it ought to be patients and physicians.
Tom Price: “You know, negotiation sounds good, but what happens when the government negotiates? It doesn't mean negotiate; it means…”
Editor's note · Context
Discussing the implications of government negotiation in Medicare's prescription drug program.
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