Posted by Michael Wonder on 08 Aug 2022
Democrats vote to raise drug prices
7 August 2022 - Price controls for Medicare mean higher costs for everyone else.
Democrats who passed the Schumer-Manchin bill on Sunday voted to raise drug costs and health premiums for 220 million privately insured Americans. That isn’t hyperbole.
It’s the inevitable economic result of Medicare drug price controls after the Senate parliamentarian this weekend struck the bill’s inflation rebates.
