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Are Hydroxyurea ingredients coming from China?
Blood Cancers & Disorders | Last Active: May 13 12:20pm | Replies (20)Comment receiving replies
I just read an article somewhere, The Atlantic? The author was writing about the capsule he takes daily for his cancer. He determined the cost to produce was 25 cents. The cost to consumers, $1000! He likened it to the price, daily, of a new iPhone.
There’s more wrong here than tariffs and the blame is enough to spread around. I did write to my reps and, of course, Im glad there’s been a reversal of some tariffs but this goes so much deeper.
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Some countries negotiate with drug manufacturers as whole on drug prices. In the US, individual insurance companies negotiate for prices with manufacturers. Obviously, an entire country has more negotiating clout than an insurance company.
President Trump may want to go in the direction of national negotiation with drug makers.
The Inflation Reduction Act under President Biden allowed Medicare to negotiate for certain high-priced drugs. President Trump might also want to go in that direction, giving Medicare and Medicaid negotiating power for some drugs. But that could lead to higher prices for those with private insurance.
Nothing is really clear at this point because the EO is really more of a goal statement than a plan.