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Started By
Message
Trump administration will require drug companies to disclose prices in TV ads
Posted on 5/8/19 at 8:54 am
Posted on 5/8/19 at 8:54 am
quote:
Drug companies will be required to disclose prices in television ads under a Trump administration final rule announced Wednesday.
Under the new policy, which was announced by Health and Human Services Secretary Alex Azar, drug manufacturers will have to state the list price of a 30-day supply of any drug that is covered through Medicare and Medicaid and costs at least $35 a month.
The new rule is one of the boldest steps the administration has taken in its efforts to bring transparency to the opaque system of drug prices, and puts Trump officials squarely at odds with the drug industry lobby, as well as television and ad industry groups.
quote:
President Trump has made lowering drug prices a priority of his administration, and has called for industry behavior to drastically change.
LINK
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Posted on 5/8/19 at 8:55 am to Bourre
Greatest President ever
Posted on 5/8/19 at 8:55 am to Bourre
I wish he would ban drug company advertising.
Posted on 5/8/19 at 8:57 am to Bourre
Kind of like this idea. Pricing transparency is a good thing. A someone who has been using a HDHP for years, I am always amazed at how difficult it is to get a straight answer to the simple question of "how much" for anything having to do with a doctor.
Posted on 5/8/19 at 9:00 am to Bourre
(no message)
This post was edited on 3/26/21 at 3:40 pm
Posted on 5/8/19 at 9:01 am to Bourre
Anyone arguing against this is a loon.Thank God somewhere along the line drug companies had to start advertising the bad about their drugs along with the good. This is another step in the right direction.
Posted on 5/8/19 at 9:01 am to Bourre
Posted on 5/8/19 at 9:02 am to SDVTiger
Dark to Light
Posted on 5/8/19 at 9:03 am to SDVTiger
quote:
Greatest President ever
Boom - I have no problem with drug companies making big profits but there needs to be better pricing transparency for the consumer especially revolving around life saving drugs.
Posted on 5/8/19 at 9:04 am to Bourre
This is Big Government we can support. They are not controlling what companies do or sell, just making it transparent. 
Posted on 5/8/19 at 9:05 am to Bourre
This is outstanding news. We don't have a healthcare problem, we have a healthcare/medication PRICE problem.
Posted on 5/8/19 at 9:05 am to Bourre
That's awesome. I want to see any dissenters reasoning for not liking this, outside of the crooked drug companies.
Posted on 5/8/19 at 9:08 am to Mid Iowa Tiger
quote:
am always amazed at how difficult it is to get a straight answer to the simple question of "how much" for anything having to do with a doctor.
All price and outcome data is out there. The providers don't want it for the most part though.
The last time i looked, the most expensive place in my city did not have the best outcomes in a certain cardiovascular surgical procedure.
See why they don't want you to know.
It's coming though.
Posted on 5/8/19 at 9:17 am to Bourre
Posted on 5/8/19 at 9:17 am to Bourre
Genius
Posted on 5/8/19 at 9:22 am to Bourre
Well done. Hope it has a noticeable effect.
Posted on 5/8/19 at 10:07 am to Bourre
Will any of our prog posters respond to this? Please progs, show us the evil in this move by President Trump.
Posted on 5/8/19 at 10:11 am to BuckyCheese
quote:I don't know how I feel about this, on the surface it seems legit.
I wish he would ban drug company advertising
Posted on 5/8/19 at 10:11 am to Bourre
This is wonderful news, but the side effects are:
Runny bowel
Soreness in groin
Rapid heartbeat
High blood pressure
Shortness of breath
Heart attack
Stroke
Paralysis
Hair loss
Erectile dysfunction
Blurry vision
Apetite loss
Ask your physician for some today!
Runny bowel
Soreness in groin
Rapid heartbeat
High blood pressure
Shortness of breath
Heart attack
Stroke
Paralysis
Hair loss
Erectile dysfunction
Blurry vision
Apetite loss
Ask your physician for some today!
Posted on 5/8/19 at 10:14 am to SDVTiger
quote:
Greatest President ever
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