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The government would use the price of these medication in other nations as a reference in negotiation, and if the drugmaker refused to cooperate, it could be taxed. The worth agreed on for Medicare after negotiation could be out there to industrial insurers as effectively, although they could also try to negotiate decrease costs.
Suggestion 1: The U.S. authorities ought to set up and financially support a politically unbiased, neutral skilled advisory committee tasked with making evidence-based mostly suggestions on pharmaceutical policy. Their overarching objective could be to make sure reasonably priced access to life-preserving medications while retaining shopper alternative, promoting future innovation, and respecting our market-primarily based economic system.
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