24 Aug 2021 11:40 am
When did Big Pharma's influence over US policy wane?Misty » 25 Apr 2013, 9:50 am » wrote: ↑ I was making the point that any industry is terribly vulnerable to federal power.The only ones who are terribly vulnerable are we taxpayers, to private industry and the members of Congress that they own.They seem to get whatever they want.Question: Why is Medicare, the nation's largest purchaser of drugs, prohibited by law from bargaining for better prices?Answer: That would be because Big Pharma's lobbyists wrote the Medicare Part D bill.Medicare Part D has been a huge windfall for the pharmaceutical industry.
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