Concerned Citizen posted:

i mean they are actually proposing creating an agency with the ability to fine drugmakers who raise prices to gouge consumers.

Concerned Citizen posted:

yes it would be pretty silly to rely on their word, which is why the agency is proposed to have investigative powers

Concerned Citizen posted:

yes it would be pretty silly to rely on their word, which is why the agency is proposed to have investigative powers

Main Paineframe posted:

are they? the bit that got posted earlier said nothing about actually being able to fine drugmakers - it just said their justification statements would be published publicly so that consumers could shame or pressure drugmakers into lowering prices

quote:

Tough New Enforcement of Drug Price Gouging: Prescription drugs that meet a test for an
unconscionable price increase will be subject to new investigative and enforcement action by a
new “price gouging” enforcer. This position will be independent and confirmable by the U.S.
Senate. The enforcer will be created as the Director of a new agency dedicated to stopping this
outrageous behavior in its tracks. The agency will also receive its own funding stream to
preserve its independence from political influence.
The enforcer will be charged with investigating drug manufacturers and protecting patients and
taxpayers from egregious prescription drug price increases. The agency will identify drugs that
have unconscionable price increases and impose fines on the manufacturer that are proportional
to the size of the price hike, reinvesting the money from the fines into new cures research and
2
development at the National Institutes of Health. This new enforcement mechanism, which does
not exist today, will deter abusive drug price increases.

GalacticAcid posted:

GalacticAcid posted:

quote:

Tough New Enforcement of Drug Price Gouging: Prescription drugs that meet a test for an
unconscionable price increase will be subject to new investigative and enforcement action by a
new “price gouging” enforcer. This position will be independent and confirmable by the U.S.
Senate. The enforcer will be created as the Director of a new agency dedicated to stopping this
outrageous behavior in its tracks. The agency will also receive its own funding stream to
preserve its independence from political influence.
The enforcer will be charged with investigating drug manufacturers and protecting patients and
taxpayers from egregious prescription drug price increases. The agency will identify drugs that
have unconscionable price increases and impose fines on the manufacturer that are proportional
to the size of the price hike, reinvesting the money from the fines into new cures research and
2
development at the National Institutes of Health. This new enforcement mechanism, which does
not exist today, will deter abusive drug price increases.

Fallen Hamprince posted:

new dem foreign policy: American puppet government in Afghanistan

WhiskeyJuvenile posted:

anything to do with "taxes" or "investing" is a DOA plan, hth cc

Fallen Hamprince posted:

new dem foreign policy: American puppet government in Afghanistan

Concerned Citizen posted:

yes

quote:

Drugs with a significant price increase will
also be required to submit to the U.S. Department of Health and Human Services (HHS) a
justification for the price increase at least 30 days before the price increase takes effect. A drug
with a significant price increase would be defined as:
1. A drug that is at least $10 and had a price increase of at least 300 percent over five
years or 100 percent over one year; or
2. A drug that represents the top 50th percentile of drug spending in Medicare or
Medicaid and had a price increase of at least 50 percent over five years or 15 percent
over one year.
The justification would include individual factors that contributed to the price increase, as well
as other factors that could include the percent of total expenditures on research and development
derived from federal funds and the total cost of marketing and advertising the specific drug. This
information would be made public in order to hold drug manufacturers accountable for any
unjustifiable price increases. Drug manufacturers could avoid submitting this information if they
lower the price of the drug.

Gene Hackman Fan posted:

a corporate statement on practically any subject is the most non-specific document in the world.

and cc expects us to take a pharma company's word that a drug is more expensive because reasons that didn't make the news like a factory burning down

GalacticAcid posted:

i hope shkreli dies soon

Frijolero posted:

Dems literally had an ugly, spoiled, criminal brat as a poster-boy for bad Pharma pricing and did gently caress-all with it. Thanks Obama!

Venom Snake posted:

Theres a new string of fundraisers coming up and I'm going to take the opportunity to poke the brains of the donor class a bit more.

Frijolero posted:

Dems literally had an ugly, spoiled, criminal brat as a poster-boy for bad Pharma pricing and did gently caress-all with it. Thanks Obama!

fits my needs posted:

Agean90 posted:

hmm let's see, we need skill so why don't we take the economically listless youth of this country provide training and wages that are initially above market average and offer them jobs that are ideally suited for people in good physical shape and not tied down by family??? nah too radical

Main Paineframe posted:

the problem is that they don't want to attack pharma pricing as a whole, they just want to prevent price increases from being so huge and so obviously unnecessary that they call down public scrutiny on the industry as a whole

even now, they're not talking about bringing down current drug prices or undoing previous years worth of price increases, they're just talking about containing future growth and preventing blatant gouging

call to action posted:

This is a really good idea, there's so much beetle kill that needs to be downed and dragged out of the forest.

fits my needs posted:

Al! posted:

Frijolero posted:

There are SOOO many simple policy points that Dems could be hogging right now:

- Amazon wants to gobble everything up? Tax the ever-living gently caress out of them
- Pharma wants to raise prices? Price controls, freeze prices, nationalize the poo poo
- WALMART IS COMMITTING WAGE THEFT, GUILOTINE THE loving WALTONS YOU MORONS

Nonsense posted:

lol Republican super-majority 2019.

GalacticAcid posted:

if the gop gets control of another state legislature they can change the constitution at will lol

anime was right posted:

http://kstp.com/news/wisconsin-company-to-implant-microchips-in-employees-three-square-market/4549459/

mmmmmmmmmm love me some wisconsin workers rights