Tuesday, October 12, 2021

where vax mandate comes from

 
Ok, We’ll Ask The Question,  $$If New South Wales PM Resigned For Pushing VAX With $Millions From Pfizer, What About Old Joe?
by L Todd Wood October 4, 2021
Clive Palmer, leader of the United Australia Party claimed ousted New South Wales Premier Gladys Berejiklian was told she wouldn’t be charged in a corruption probe if she imposed a vaccine mandate.
https://creativedestructionmedia.com/opinion/2021/10/04/ok-well-ask-the-question-if-new-south-wales-pm-resigned-for-pushing-vax-with-millions-from-pfizer-what-about-old-joe/
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2019.   The Trump administration has shelved a proposal that would have stymied egregious price hikes in the Medicare prescription drug program.  It’s a major win for the drug industry, and a defeat for Trump’s goal of reducing drug prices.

The rule revolved around Medicare’s program for retail prescription drugs bought at pharmacies like CVS or Walgreens, also known as Medicare Part D.
But there are two ways in which Part D is failing to control skyrocketing costs.  The first is that changes to Part D introduced by Obamacare undermined many of Part D’s cost controls.  The second is Part D’s “protected classes” rule, which forces Part D plans to pay for drugs in six categories….The answer is that it eliminates Medicare Part D plans’ ability to negotiate with drug companies on price.  Manufacturers know that they can increase their prices by 15 percent a year or more, and plans can’t do anything about it because they have to pay for the drugs regardless.
Many administrations have tried and failed to reform this system. In 2014 the Obama administration proposed reforms of the protected class system but withdrew their proposal under pressure from drugmakers and Republicans….
Yesterday the Trump administration announced that it was abandoning this reform….
There is no other way to describe this than defeat for Trump’s drug pricing agenda and victory for drugmakers who want infinite pricing power.  It does not bode well for other Trump proposals, far more aggressive than this one, to reduce the cost of prescription drugs.    
     https://www.forbes.com/sites/theapothecary/2019/05/17/trump-administration-caves-to-pharma-on-medicare-part-d-drug-reform/?sh=698752f9663d
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