By now, most of you have read or heard the news of Trump's “most sweeping action in history to lower the price of prescription drugs for the American people.”
It is not.
This is another example of how well the Trump administration shapes it's messaging to influence the perceptions of Trump's base and mitigate criticism of his administrations policies on all fronts.
Most analysis of his proposals indicate that they either would do nothing, are too vague to assess impact or if they do anything substantial have long implementation time lines. i.e., you're not going to go to your pharmacy on Monday and find that the Hep C medication produced by Gillead at $800/tablet and an $84K price tag for a course of treatment is going to be affordable or that Albuterol, the long standing and typical teatment for Asthama patients is going to cost the $10-12/m it used to cost instead of the $360 it now costs.
I'm not going to try to explain how drugs are priced and what the costs of them to consumers are. If you want to understand the arcane and overly complex (intended to obfuscate both pricing and costs) model currently is, it's worth a read.
But to me, the important thing to understand is that Trump continues to try to fool the American people about the impact of things he and his administration implement through policy.
It is not.
This is another example of how well the Trump administration shapes it's messaging to influence the perceptions of Trump's base and mitigate criticism of his administrations policies on all fronts.
Most analysis of his proposals indicate that they either would do nothing, are too vague to assess impact or if they do anything substantial have long implementation time lines. i.e., you're not going to go to your pharmacy on Monday and find that the Hep C medication produced by Gillead at $800/tablet and an $84K price tag for a course of treatment is going to be affordable or that Albuterol, the long standing and typical teatment for Asthama patients is going to cost the $10-12/m it used to cost instead of the $360 it now costs.
I'm not going to try to explain how drugs are priced and what the costs of them to consumers are. If you want to understand the arcane and overly complex (intended to obfuscate both pricing and costs) model currently is, it's worth a read.
But to me, the important thing to understand is that Trump continues to try to fool the American people about the impact of things he and his administration implement through policy.
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