[Ip-health] Trump and Prescription Drug Prices

Ruth Lopert ruth.lopert at gmail.com
Fri Nov 18 05:20:07 PST 2016


Isn't $300 billion the total annual US spend?

On Thu, Nov 17, 2016 at 9:23 AM, Ma Gagnon <
MarcAndreGagnon at cunet.carleton.ca> wrote:

> Yes, but this was pure BS. Medicare part D buys around $75 billions/year
> of prescription drugs.
> Difficult to save $300 billions out of a budget of $75 billions...
> I had a paper on this with Sidney Wolfe: http://carleton.ca/sppa/wp-
> content/uploads/Mirror-Mirror-Medicare-Part-D-Released.pdf
> Note that by itself, Medicare Part D represents 7% of the world's market
> for prescription drugs, the bargaining power could be huge but we estimated
> potential savings at around $16 billions/year.
> All the best,
> Marc-André
>
> -----------------------------------------------------------
> Marc-André Gagnon, PhD
> Visiting Professor, University of Ottawa
> tel: 613-562-5800 x3286
> e-mail: ma_gagnon at carleton.ca
> Twitter: @MA_Gagnon
>
> Ottawa Centre for Health Law, Policy and Ethics
> 57 Louis-Pasteur
> Ottawa, ON (Canada)
> K1N 6N5
>
>
>
>
>
> -----Original Message-----
> From: Ip-health [mailto:ip-health-bounces at lists.keionline.org] On Behalf
> Of Jamie Love
> Sent: 17 novembre 2016 02:41
> To: Matthew Flynn
> Cc: Ip-health
> Subject: Re: [Ip-health] Trump and Prescription Drug Prices
>
> Relevant is this from his campaign:
>
> http://www.politico.com/story/2016/01/trump-backs-medicare-
> negotiating-drug-prices-218215
>
> on, N.H., that Medicare, a huge buyer of prescription drugs, could "save
> $300 billion" a year if it negotiated discounts.
>
> "We don't do it," he said. "Why? Because of the drug companies."
>
>
>
>
> On Wed, Nov 16, 2016 at 10:40 PM, Matthew Flynn <matthewflynn2 at gmail.com>
> wrote:
>
> > "Donald Trump and his congressional allies are making big plans to
> > repeal the Affordable Care Act and overhaul other government health
> programs.
> >
> > But the president-elect appears to have downgraded plans to act
> > aggressively to control rising drug prices, handing the pharmaceutical
> > industry an early victory and providing another illustration of the
> > influence of lobbyists on the new Trump administration, despite
> > Trump’s promise to “drain the swamp” of special interests in Washington."
> >
> > http://www.latimes.com/business/la-fi-trump-drug-
> > prices-20161115-story.html?platform=hootsuite
> > _______________________________________________
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> > org
> >
>
>
>
> --
> James Love.  Knowledge Ecology International http://www.keionline.org/
> donate.html
> KEI DC tel: +1.202.332.2670, US Mobile: +1.202.361.3040, Geneva Mobile:
> +41.76.413.6584, twitter.com/jamie_love
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