No. But all these “we should provide this and that” posters had better stare at that number a while.Just since Biden took office?
No. But all these “we should provide this and that” posters had better stare at that number a while.Just since Biden took office?
Since Biden took office: $7,426,137,876,823.30Just since Biden took office?
What...couldn't get a few more digits in there???Since Biden took office: $7,426,137,876,823.30
During Trump's term (Jan 20, 2017 to Jan 20, 2021) debt increased: $7,804,591,681,202.30
During Obama's two terms: $7,619,923,750,515.60
Biden has about five months to go.What...couldn't get a few more digits in there???
LOL
It's not simply pr, it's that their total sales (to my read, including their non-government sales) become subject to a 2200% tax.Sure they should. And the seller can then take the offer or not.
But to your second sentance, some pharm company is the only supplier of some drug. That pharm company knows it can’t stand the PR beating the pols would give it if it declined the gubmint’s offer. Government coercion again.
So a child is born to a poor family. That infant will die for lack of a life saving procedure. A procedure that has a 100% likelihood of curing the disease. You’re saying the society you want to live in will sacrifice that child for the want of higher taxes?No, No, and No.
I’ll agree with this. But federal spending should be reserved for national issues that can only be solved nationally. Healthcare cannot be fixed state by state.No. But all these “we should provide this and that” posters had better stare at that number a while.
...which of course is why we regulate insurance on a state by state basis...I’ll agree with this. But federal spending should be reserved for national issues that can only be solved nationally. Healthcare cannot be fixed state by state.
actually, one of the biggest hits to their bottom lines has been manufacturers clamping down on their participation in the 340 program.I'm going to interrupt this circle jerk with some facts...
Walgreens and CVS are two companies having to realign their business model.
Both companies have seen their profit margins under stress amid declining reimbursement from Medicare/Medicaid/insurance because of the Biden/Harris efforts to lower drug costs.
Both companies have seen the price of their stock decline significantly YTD.
What's one solution?
Lower retail prices to increase unit sales!
That's a win for consumers.
Lost in your analysis regarding my mention of Walgreens and CVS is that they will close some locations resulting in additional savings as overhead is reduced and savings passed to consumers.actually, one of the biggest hits to their bottom lines has been manufacturers clamping down on their participation in the 340 program.
And guess what, the ira negotiated prices aren’t going to help on that front because the price is a pass through. Worse yet, four of the ten neg prices are lower than the 340b prices they can access. Having to pass thru discounts is most assuredly not going to help their bottom lines.
CVS is another story as the poor stepsister to its cousins cmrx and zinc, which payors have had just about enough of in terms of their revenue skimming.
How is retail pharmacy not a dying business model? Pharmacy by mail is the future.Lost in your analysis regarding my mention of Walgreens and CVS is that they will close some locations resulting in additional savings as overhead is reduced and savings passed to consumers.
There will be some inconvenience with less locations, but still a plus for the general public.
All this stuff is trickle down from the WH efforts to lower drug costs.
Yes, that’s even more coercive. Knew this but too lazy to look it up.It's not simply pr, it's that their total sales (to my read, including their non-government sales) become subject to a 2200% tax.
No. I’m saying a society is not obligated to provide such care.So a child is born to a poor family. That infant will die for lack of a life saving procedure. A procedure that has a 100% likelihood of curing the disease. You’re saying the society you want to live in will sacrifice that child for the want of higher taxes?
I do not want to live there and if you believe that, you’re an awful awful person.
It happens a ton. That's part of the reason for the medical tourism industry.If Americans are paying more for drugs than foreign people pay for the same drug from the same company that needs to stop.
Not sure it happens but you read stories how certain drugs cost way less in Mexico or Canada. Perhaps that can be explained with a because those countries subsidize the cost.
Also maybe the patent length needs to be reduced on drugs.
I moved my prescriptions from Walgreens to Costco about a year and a half ago after noticing that the prices they charged were consistently and significantly higher. They need to heed the old market adage of "Pigs get fat and hogs get slaughtered. "I'm going to interrupt this circle jerk with some facts...
Walgreens and CVS are two companies having to realign their business model.
Both companies have seen their profit margins under stress amid declining reimbursement from Medicare/Medicaid/insurance because of the Biden/Harris efforts to lower drug costs.
Both companies have seen the price of their stock decline significantly YTD.
What's one solution?
Lower retail prices to increase unit sales!
That's a win for consumers.
I believe you. They expanded way too fast and they usually have those "corner lot" locations that probably didn't come cheap.I moved my prescriptions from Walgreens to Costco about a year and a half ago after noticing that the prices they charged were consistently and significantly higher. They need to heed the old market adage of "Pigs get fat and hogs get slaughtered. "
So a child is born to a poor family. That infant will die for lack of a life saving procedure. A procedure that has a 100% likelihood of curing the disease. You’re saying the society you want to live in will sacrifice that child for the want of higher taxes?
I do not want to live there and if you believe that, you’re an awful awful person.
Exactly how would you fund public services like fire protection, road maintenance, snow removal, and the like?The society I want to live in doesn’t see taxes as the only solution to any given situation.
Taxes and bureaucracy are extremely crude, expensive and inefficient methods to solve problems, and should be exercised as sparingly as possible.
I appreciate OPs post enough to not go down that path in this thread, but I’ll answer you in another if you want to start the conversation.Exactly how would you fund public services like fire protection, road maintenance, snow removal, and the like?