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Politics : Formerly About Advanced Micro Devices
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To: Bill who wrote (1515486)1/23/2025 12:24:30 PM
From: Broken_Clock1 Recommendation

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longz

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koan's had me on ignore for years because he got tired of getting beat over his hollow head...no doubt the constant drumming noise got to him.

“The rebate policy in Medicare is going to incentivize drug manufacturers to increase the prices of medications for people in private health insurance,” Robert Moffit, senior research fellow at the Center for Health and Welfare Policy at the Heritage Foundation, told the DCNF. “The impact on Medicare, the big impact, will be that the combo of the rebate policy and the price control regime is going to mean that for Medicare beneficiaries, their health insurance premiums through Part D and Part C are going to be lower.”

The mandatory rebates for Medicare come from the Prescription Drug Inflation Rebate Program through the Department of Health and Human Services(HHS), which was empowered by President Joe Biden’s 2021 IRA, which added $750 billion in new spending, according to the Centers for Medicaid and Medicare Service.

“But regardless if the drug manufacturer is being forced to offer the drug below the market price, a huge program like Medicare, they’re going to have to stop their losses,” Moffit told the DCNF. “They’re going to have to stop their losses, and the only way they can do that is increased prices in the private market.”
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