Comment by lenkite

I am talking about the "Medicare Prescription Drug Price Negotiation Act of 2021", then "Medicare Drug Price Negotiation Act", then "Elijah Cummings Lower Drug Costs Now Act". They all had MUCH stronger drug-pricing proposals, all got stalled shamefully, with a watered-down version in BBB, which was further diluted in IRA that big pharma laughed at and accepted.

More specifically, the stronger acts which were killed by Big Pharma bribes would have

- Tied U.S. prices to international reference pricing (e.g., prices paid in Europe)

- Broad Medicare negotiation for many high-cost drugs - including dozens of new drugs.

- Applied negotiated prices beyond Medicare in the commercial market. (Private Insurance too!)

- Imposed strong penalties on drug companies that refused to comply

- Generated large federal savings. Also would have had faster rollout. Remember IRA pricing is YET to come into effect.

PS: Look at the Senators who diluted drug-pricing in BBB even further to a bad JOKE. (lol at price reduction for 10 drugs in 2026). Look at whom they received bribes oops..donations from.