Another market solution is negotiation. If the Federal Government were allowed to negotiate more competitive drug prices for Medicare beneficiaries, then prices would come down.
Elizabeth Warren
The Public Record
Elizabeth Ann Warren is an American attorney, academic, and politician serving as the senior United States senator from Massachusetts since 2013. A member of the Democratic Party, she has been a prominent advocate for consumer protection, economic equality, and corporate regulation. Warren gained national recognition for her work in establishing the Consumer Financial Protection Bureau and has focused on issues such as student debt relief and healthcare reform during her tenure in the Senate.
The high cost of prescription drugs is a huge problem. Let's talk about the best way to tackle this public health crisis.
Your industry isn't based on competitive markets. It's based on totally artificial taxpayer granted monopolies.
But drug competition from Canada, price negotiation, are market solutions. They're not government mandates.
If companies like Equifax do not pay us to sell our information to other people, then we should not have to pay them to stop selling it.
consumers should be able to control their own data, and without consumer control, credit reporting companies really have no reason to treat us well.