Medicare Negotiations in Medication Dispensing System
In an effort to justify partisan drug pricing proposals, a number of misleading polls have been circulated by policymakers. If these polls don't educate voters about the policy arguments and tradeoffs, as well as patient voices speaking out against these types of proposals, then they're not going to be very useful.
If Medicare "negotiation" proposals are implemented, the government will have the power to pick winners and losers for lifesaving medicines, destroying the incentives needed to encourage investment in further research and development. When the public understands what "negotiation" is and what the trade-offs are, they no longer support it, according to nonpartisan independent polling.
When people learn about the trade-offs, they reject Medicare negotiation.
Only 14% of respondents to a new Ipsos/PhRMA poll support "negotiation" when told that it could limit people's access to newer prescription medicines.
16% of those polled support it if it means less research and development of new medicines, according to the poll of medication dispensing system.
More than two-thirds of Americans oppose negotiation if it reduces research and development of new treatments, or restricts access to medicines once they are on the market.
72% of Americans oppose government negotiation if it results in less new medicines being developed in the future, according to a poll conducted by an independent organization. As a result of H.R. 3, there could be as many as 342 fewer medicines on the market between 2021 and 2039, according to economists at the University of Chicago.
Misguided negotiating process proposals fail to address the nation's most pressing issues and fail to meet the health care needs of the majority of Americans.
According to polling, Americans' top concerns are the economy/jobs and COVID-19, with prescription drug costs coming in at the bottom of the list of 11 issues.
Economic issues (18%) and COVID-19 (26 percent) are the two most pressing issues in America today, according to recent Gallup polling.
American priorities when it comes to health care include reducing the cost of health insurance (44%) and ending the COVID-19 pandemic. If you consider that 3 out of 10 Americans who have health insurance say they have trouble paying their medical bills or other out-of-pocket expenses, you shouldn't be surprised.
A broken healthcare system is made even worse by policies like "negotiation," which fail to address the difficulties patients face in affording their medications. What really matters when it comes to addressing Americans' true priorities is not so-called "negotiation," but a better way to lower out-of-pocket costs while preserving access and the potential direction of new cures and treatments.
Contact us at PD-RX Pharmaceuticals to know more about the negotiations of medication dispensing system. Visit our office in Oklahoma right away.
**Disclaimer: The information on this page is not intended to be a doctor's advice, nor does it create any form of patient-doctor relationship.