Okay. So drug companies use these tricks, and a lot of others, to keep their monopolies and keep pushing prices higher and higher and higher.
Wow. Well, you know, we must ensure that drug companies do not rely on tricks in order to avoid competition.
Despite these wins, there is more that we need to do to reduce exorbitant drug prices for all Americans.
Since Medicare was established in 1965, it has not covered routine dental benefits.
It seems to me the solution is clear. It is time to expand Medicare to cover dental care, something I have long supported.
Or we can spend nearly a trillion dollars in overpayments to insurance companies for crummy coverage that beneficiaries do not use.
But we also cannot lose sight of the ways that drug companies continue to abuse our intellectual property laws to drive out competition.
More than three out of four new patent applications for pharmaceuticals are for existing drugs.
So last year, Congress passed the Inflation Reduction Act, which finally gives HHS the authority to negotiate drug prices for a select numbe...
CMS should absolutely finalize this rule. But I want to argue here that CMS needs to go further and end these insurance industry scams.