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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (186309)5/8/2006 2:04:50 AM
From: Hawkmoon  Read Replies (1) | Respond to of 281500
 
The government's $800 billion drug prescription plan wouldn't be necessary if our Medicare System was actually allowed to do what major consumers are usually allowed to do in a capitalist system---NEGOTIATE!!!!

If what you say is correct, then this would be a MAJOR PROBLEM, indeed!!

But it stands with my premise that when government politicians are given too much power to dictate prices and interfere with market economics, then competitive bidding for services and products is negatively skewed.

But I still don't see why private HMOs would face such limitations with regard to negotiating the best price for drugs. It's in their financial interests to pressure drug suppliers to provide them the best price available..

Hawk



To: RMF who wrote (186309)5/8/2006 8:59:08 AM
From: sylvester80  Respond to of 281500
 
You mean like the Bush government favored some in the airline industry by bailing out highly paid CEOs and instead putting the whole industry in the bankruptcy path?? USAir and United should have been allowed to die so that Delta, AA, Northwest, and the rest be allowed to live and prosper. Instead we now have a completely screwed up industry with millions of employees losing their pensions and getting pay cuts while the highly paid CEOs and executive teams end up with huge multi-million packages.