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this post was submitted on 30 Sep 2023
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|Among the arguments are that the program violates the Fifth Amendment’s “takings” clause because it allows Medicare to obtain manufacturers’ patented drugs, which are private property, without paying fair market value under the threat of serious penalties.|
This is an invalid argument, because currently the companies are receiving unfairly inflated market value, and Medicare plans to negotiate down to a fair level.
Not according to the poor drug companies. According to them the prices are far too low.
I wonder what their argument is for being able to go to other countries and sell drugs three to four times less than in the states.