President Trump secures agreements to lower costs for Medicaid patients

[Vambram]

Trump secures agreements with major drugmakers to lower Medicaid prescription costs for Americans

President Donald Trump announced Friday that nine additional pharmaceutical companies joined its most-favored-nation pricing initiative.

www.foxbusiness.com

This is excellent news. Thank you, President Trump.

 

[Hank77]

For the American people and patients, this represents the greatest victory for patient affordability in the history of American healthcare," Trump said. "By far, and every single American will benefit.

How will every American benefit? The cost is lower for government programs only, Medicare and Medicaid, I think.

 

[RocksInMyHead]

For the American people and patients, this represents the greatest victory for patient affordability in the history of American healthcare," Trump said. "By far, and every single American will benefit.

How will every American benefit? The cost is lower for government programs only, Medicare and Medicaid, I think.

Sneakily announcing Medicare for All?

 

[Say it aint so]

Trump secures agreements with major drugmakers to lower Medicaid prescription costs for Americans

President Donald Trump announced Friday that nine additional pharmaceutical companies joined its most-favored-nation pricing initiative.

www.foxbusiness.com

This is excellent news. Thank you, President Trump.

This would be a good thing.
What would be event better is if Medicaid itself were allowed to negotiate all drugs, and not just some drugs, to lower prices.
That is what AOC and Bernie Sanders wants in Kennedy's claim this is what those two have been advocating for in the last 25 years.
Why 25 years? Because that's when the GOP passed legislation to prevent Medicare from doing so. And that has been blocked for the last, well, 25 years.

 

[Hank77]

Sneakily announcing Medicare for All?

It really wouldn't surprise me. Then he'd claim he had the idea in his first term, but the timing wasn't right, or something like that.

 

[Vambram]

President Trump Announces Nine New Big Pharma "Most Favored Nation Status" Signees Today - HUGE Implications for Healthcare Costs! | The Gateway Pundit | by Brian Lupo

Today, President Donald Trump announced the “Largest Development to Date in Bringing Most-Favored-Nation (MFN) Pricing to American Patients via the White House website and an Oval Office press conference.

www.thegatewaypundit.com

Here are some more details about this excellent news.

 

[comana]

Seems the government is much better at negotiating favorable drug costs than commercial insurance. It’s also better at administrating insurance and paying claims than the commercial payers. Can we just get Medicare for all and be done with the nonsense?

 

[Richard T]

For the American people and patients, this represents the greatest victory for patient affordability in the history of American healthcare," Trump said. "By far, and every single American will benefit.

How will every American benefit? The cost is lower for government programs only, Medicare and Medicaid, I think.

I think part of that is a direct to consumer option for cash paying customers. So another price beyond medicare or medicaid. Normally, I would have thought this is good. But more recently I meditated:
Proverbs 11:1 (KJV)
1 A false balance is abomination to the LORD: but a just weight is his delight.

Given there are typically no weights any more, the "false balance" certainly could be companies that charge multiple prices for the same good. The outcome is just the same, some get more than others in the transaction. In econ this is called "price discrimination" Charging high prices to some while offering low prices to others all in a way to maximize profits. I asked google ai

Does anyone you have read suggest that modern day price discrimination is equal to a false balance?

Yes, some religious and ethical discussions draw a parallel between modern price discrimination and the biblical condemnation of "false balances". While not a universally accepted legal or economic equivalence, this perspective argues that both practices represent a form of marketplace dishonesty and exploitation.

I have never heard this taught but I am thinking it applies. If so, government or business schemes that alter prices which favor certain consumers versus those of others seems contrary to God's word.

When Trump lowers drug costs for a certain group, what do you think happens? It raises prices for another group? likely, So here we get lower tariff revenue shared unequally, one group is subsidized and the other group is taxed more in the form of higher drug prices. if drug companies profits are hurt they might lower costs another way, like reducing their research into finding new drugs.