How will Joe Biden GOVERN? General Biden Administration F**kery Thread
- Thread starter FAH1223
- Start date
As a democrat, I like democratic policies but hate democrat politicians.
The working class and poor are hurting.
They have the tools and the numbers and keep finding ways to sabotage themselves and their constituents.
See the problem, fix the problem, then add bandaids where required.
The working class and poor are hurting.
They have the tools and the numbers and keep finding ways to sabotage themselves and their constituents.
See the problem, fix the problem, then add bandaids where required.
#BothSides
wsj.com
WSJ News Exclusive | Biden Administration Unveils Plan to Cut Prescription-Drug Prices
Stephanie Armour
9-11 minutes
A Biden administration plan to lower prescription-drug prices offers the first detailed road map of administrative actions the White House would support in addition to legislation aimed at driving down costs.
The plan, which was released Thursday, backs legislation from congressional Democrats, including a push to empower the federal government to negotiate for drug prices in Medicare and pass those lower costs along to the private sector. The road map goes further, however, by outlining administrative actions by agencies and departments that could come in concert with possible legislative changes.
Administrative measures include testing reimbursement for drugs in Medicare based on the clinical value they provide to patients and offering federal funding for research into new treatments, according to the plan viewed by The Wall Street Journal.
Medicare is the health program for people aged 65 and older and younger people with disabilities.
“The Biden-Harris Administration remains committed to making health care more affordable for American families, and this Plan outlines one key way we will do that,” Health and Human Services Secretary Xavier Becerra said in a statement. “By promoting negotiation, competition, and innovation in the health care industry, we will ensure cost fairness and protect access to care.”
Efforts to tackle high drug prices have so far made little progress.
Photo: shannon stapleton/Reuters
The plan doesn’t say whether there would be any projected costs to taxpayers or savings. Some options, such as creating a new agency within the National Institutes of Health to foster medical innovation, would require billions of dollars in funding. But most of the other measures, such as new models in Medicare that test paying for drugs based on their efficacy, could result in potentially significant savings, analysts said.
The Biden administration’s plan borrows heavily from ideas that have the support of Democrats. It also includes more conservative proposals such as promoting competition and price transparency, analysts said.
“The Biden administration is trying to thread a political needle here by going aggressively after high drug prices while promoting research to blunt the pharmaceutical industry’s argument that innovation will be harmed,” said Larry Levitt, executive vice president for health policy at the Kaiser Family Foundation.
The plan aims to bolster support for drug-pricing legislation by showing how administrative action could complement action from Congress. But Democrats remain divided over the scope and speed of the legislation, and the pharmaceutical industry is already ramping up its opposition to a number of the legislative options.
PhRMA, a trade group for drug manufacturers, held a press call Wednesday to criticize plans to enable price negotiation for drugs in Medicare, saying it will reduce funding for the development of new treatments.
“It’s really a smokescreen for implementing new government price controls,” said David Ricks, chairman and chief executive of Eli Lilly & Co. “We cannot and will not support policies that hurt patient access.”
Republicans also have opposed Medicare drug-price negotiations and have called for more bipartisan approaches to lower costs.
The plan, the result of weeks of meetings with industry, patient groups and others, stems from an executive order signed by President Biden in early July that tasked Health and Human Services with developing the road map in 45 days. The report was done but hadn’t been made public yet.
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How effective do you think the administration’s plan will be at addressing issues around drug pricing and supply? Join the conversation below.
The president called for the plan to include initiatives to combat high drug prices, beef up domestic pharmaceutical supply chains and address what the plan calls price gouging.
The 29-page plan is built around three broad principles: support for price negotiation with drug manufacturers and limits on drug-price increases, promotion of industry competition, and support for public and private research into new treatments, according to a copy of the report.
The plan, for example, says legislation could prohibit pharmaceutical companies from paying generic competitors to hold off on marketing their versions of brand-name drugs. Administratively, the Food and Drug Administration and the U.S. Patent and Trademark Office would then develop solutions so that drug manufacturers can’t unfairly use the patent system to discourage competition, according to the plan.
The plan calls for reducing regulatory barriers that may impede or slow the approval of lower-priced generics or licensing of biosimilars—near-identical versions of drugs that can be made once an original patent expires, as well as promoting the lower-cost alternatives.
To spur new drug innovations, the administration would launch an agency at the National Institutes of Health to drive biomedical breakthroughs. Mr. Biden requested $6.5 billion for three years in his fiscal 2022 budget for the NIH, whose focus would be to “foster medical innovations,” including for diseases such as cancer, diabetes and Alzheimers.
Other administrative measures include drug importation programs that reduce costs. HHS could collect data from insurers and third-party benefit managers to improve transparency about prices, rebates and out-of-pocket spending on prescription medications, according to the plan.
HHS could test models that pay for treatment and care in Medicare based on outcomes, in which payments for drugs are directly linked to the clinical value they provide patients.
Mr. Biden in August urged Congress to move drug-pricing legislation as part of a $3.5 trillion budget package. House and Senate Democrats have largely supported the ideas in concept, with the lawmakers in both chambers currently working on legislation to include provisions aimed at lowering the cost of prescription drugs.
Democrats on the House Energy and Commerce Committee are expected to unveil a proposal based on earlier legislation that passed the House enabling Medicare to negotiate on the price of prescription drugs.
The plan also lays out possible legislative approaches that the administration supports for lowering prices. Measures include legislation to slow price increases over time on existing drugs, a cap on the amount Medicare beneficiaries pay out of pocket for drugs and the speeding up of lower-priced alternatives to patented and name-brand drugs.
Health News
Efforts to tackle high drug prices have so far made little progress despite bold announcements. Former President Donald Trump had campaigned on letting Medicare negotiate drug prices but retreated from the idea once in office.
The Biden administration has pulled back from Trump-era plans to align payments for drugs with lower drug prices in other countries and curb drug rebates paid to groups that manage pharmacy benefits for companies and the federal government.
—Kristina Peterson contributed to this article.
Chuck Todd is the absolute fukkin worst and I wish Dems would flame his ass when they are invited on his show
This ten times over. And they are using covid fatigue to push this muh freedom shyt all while Biden gets the blame for the virus spreading.
GOP is a special kind of evil.
GOP gave the Dems the mean layup to keep the house and increase their numbers in 22…
This dude is an ass president. Instead of your 6 step plan about covid why don't you create a plan about these increasing rent prices. They want $1400 for a one bedroom in my city and the average pay here is about 13/hr smfh.
Get a roommate.
If you're a low earner then there are usually a lot of subsidized housing options in many cities that aren't necessarily in bad areas or project type housing.
If you don't have children, I'd look into getting a roommate largely because you cust cost and that allows you to save, invest, or prepare for homeownership if that's your goal.
Lastly and most importantly, you should lean on your local politicians. They can do more here than the federal government.
If you don't have children, I'd look into getting a roommate largely because you cust cost and that allows you to save, invest, or prepare for homeownership if that's your goal.
Lastly and most importantly, you should lean on your local politicians. They can do more here than the federal government.
ADevilYouKhow
Rhyme Reason
ADevilYouKhow
Rhyme Reason
OfTheCross
Veteran
OfTheCross
Veteran
I'm just laughing thinking back at how some people were actually offended by the title of this thread...
AquaCityBoy
Veteran
I'm just laughing thinking back at how some people were actually offended by the title of this thread...
. Only people that were offended were Napoleon and the other 35 people using his account.
Manchin and Sinema gave us fukkery
I'm just laughing thinking back at how some people were actually offended by the title of this thread...
shyt was low key boring until they started fukking up the plans.
