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Reply #20: Could we save another 220 billion in addition to the 80 billion using VA prices... [View All]

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slipslidingaway Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-23-09 12:24 PM
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20. Could we save another 220 billion in addition to the 80 billion using VA prices... /

"...Candidate Obama, citing a paper by Roger Hickey, Jeff Cruz, and Dean Baker of the Institute for America's Future, put the savings at $30 billion a year, which over a decade would be roughly twice the $156 billion savings envisioned by the energy and commerce committee. (Hickey, Cruz, and Baker proposed matching not Medicaid drug prices but those negotiated by the more straightforwardly socialist Veterans Administration.) By this reckoning, Tauzin swindled not $76 billion from President Obama but $220 billion. That's nearly half what the House health reform bill expects to raise with its proposed surtax on incomes above $350,000! ..."

9 page pdf

"...Allow Medicare to negotiate for cheaper drug prices. The 2003 Medicare Prescription Drug
Improvement and Modernization Act bans the government from negotiating down the prices of
prescription drugs, even though the Department of Veterans Affairs negotiation of prescription drug
prices with drug companies has garnered significant savings for taxpayers.32 Barack Obama and Joe
Biden will repeal the ban on direct negotiation with drug companies and use the resulting savings, which
could be as high as $30 billion,33 to further invest in improving health care coverage and quality..."

Here is the plan cited above, 7 page pdf

"...Legislation to allow negotiation overwhelmingly passed the House in January and will
soon be debated in the Senate. Groups like the AARP, Families USA, the Alliance for
Retired Americans, the National Committee to Preserve Social Security and Medicare,
US Action and Campaign for Americas Future have mobilized to help pass this
legislation. However, the pharmaceutical industry with its annual lobbying budget of
over $100 million is also mobilizing to protect its excess profits by opposing any
changes to Part D.

In addition to the tremendous savings offered by allowing Medicare to negotiate for
lower prices, there is also an opportunity to save more than $5 billion a year nationally in
administrative costs by allowing seniors to get their benefits directly from Medicare.
Both of these ideas are very popular with the American people, being favored by 85%
and 76% of American adults, respectively. If both enacted, this could save American
seniors and taxpayers more than $35 billion annually..."

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  -Democrats Spar Among Themselves Over PhRMA Deal (NYTimes) polichick  Sep-23-09 11:00 AM   #0 
  - It was a bad deal from the getgo. $80 billion over 10 years is laughable  Phoebe Loosinhouse   Sep-23-09 11:06 AM   #1 
  - Agreed - I'm glad to see them fighting! nt  polichick   Sep-23-09 11:19 AM   #3 
  - The $80 billion deal was a good deal, and a start. Those trying to  ProSense   Sep-23-09 11:22 AM   #6 
  - Only it apparently it wasn't negotiated as "a start"  Phoebe Loosinhouse   Sep-23-09 11:37 AM   #9 
  - This is creepy stuff...  polichick   Sep-23-09 11:44 AM   #12 
  - Come on, the Pharma industry?  ProSense   Sep-23-09 12:57 PM   #33 
  - It may have been necessary to isolate the Health Care Industry and have Pharma  grantcart   Sep-23-09 01:48 PM   #45 
  - Why not ~scribble~ $200B ? In the end the No-Negotiating Clause == Higher Prices & More Profits nt  quantass   Sep-24-09 12:06 PM   #64 
  - I saw it last night and it was pretty heated  SpartanDem   Sep-23-09 11:08 AM   #2 
  - Thanks - I'm watching it right now. nt  polichick   Sep-23-09 11:19 AM   #4 
  - Thank you - this is great  karynnj   Sep-23-09 12:54 PM   #31 
  - Interesting 30 minute discussion, everyone seems to believe ...  slipslidingaway   Sep-23-09 10:11 PM   #55 
  - I see the unrecom. have already started for the inconvenient truths. lol  polichick   Sep-23-09 11:21 AM   #5 
  - They think they are cool in their rose colored glasses.  joeycola   Sep-23-09 11:26 AM   #7 
     - God forbid this should happen...  polichick   Sep-23-09 11:36 AM   #8 
        - LOL  joeycola   Sep-23-09 11:41 AM   #11 
  - Sometimes Kerry makes an A** out of himself!!!........  joeycola   Sep-23-09 11:39 AM   #10 
  - "How often do we side with one of the interest groups, how often . . . with the average citizen?"  Phoebe Loosinhouse   Sep-23-09 11:44 AM   #13 
  - I guess Kerry wanted to protect the prez...  polichick   Sep-23-09 11:47 AM   #14 
  - So in another thread  politicasista   Sep-23-09 06:01 PM   #51 
     - Dems have betrayed us big time on this issue  Mimosa   Sep-24-09 04:03 AM   #59 
  - How fucking stupid.  ProSense   Sep-23-09 11:51 AM   #15 
  - The person claiming that IS a Republican. nt  polichick   Sep-23-09 11:53 AM   #16 
  - Is the person trying to use this editorializing to justify Grassley's BS a Repub? n/t  ProSense   Sep-23-09 12:33 PM   #25 
     - Actually, it was you who focused on the Grassley portion of the posted piece. nt  polichick   Sep-23-09 12:37 PM   #27 
  - The NYT should check their own reporting since the story I linked to in #9  Phoebe Loosinhouse   Sep-23-09 12:08 PM   #17 
     - Even choosing Baucus for this was a huge mistake imo...  polichick   Sep-23-09 12:16 PM   #18 
        - The WH did not choose Baucus - he is the chair of a relevant committee  karynnj   Sep-23-09 01:08 PM   #37 
           - Was it the only committee that could deal with pharma??  polichick   Sep-23-09 01:10 PM   #38 
              - I believe they have juristiction over Medicare - so, yes  karynnj   Sep-23-09 02:02 PM   #47 
  - Kerry's comments have been very very good - as has his work here  karynnj   Sep-23-09 12:18 PM   #19 
     - loyality gets you acting stupid at times. Nough said.  joeycola   Sep-23-09 12:27 PM   #22 
        - BS! "Mr. Kerry tried to defend the Obama White House..."  ProSense   Sep-23-09 12:43 PM   #29 
        - Obama gave his approving nod. Nough said.  joeycola   Sep-23-09 12:58 PM   #34 
        - Watching the video on the link in this thread  karynnj   Sep-23-09 01:22 PM   #42 
        - Nah. Facts never get in the way of a good  politicasista   Sep-23-09 06:48 PM   #54 
        - Actually, I just watched the segment - and NO, not "nough said"  karynnj   Sep-23-09 01:07 PM   #35 
           - Yet there are people going to great lengths to defend Pharma's version.  ProSense   Sep-23-09 01:12 PM   #39 
           - Who is "defending Pharma's version?" nt  polichick   Sep-23-09 01:20 PM   #41 
           - " weakly defend Obama - " Kerry still did it. Nough said.  joeycola   Sep-23-09 01:19 PM   #40 
              - Not really a crime and it didn't hurt his ability to get his points across  karynnj   Sep-23-09 01:24 PM   #43 
                 - It hurt Kerry's credibility. Simple as that.  joeycola   Sep-23-09 01:47 PM   #44 
                    - No it didn't.  karynnj   Sep-23-09 02:01 PM   #46 
                    - Likely only with you -  karynnj   Sep-23-09 03:24 PM   #48 
  - Could we save another 220 billion in addition to the 80 billion using VA prices...  slipslidingaway   Sep-23-09 12:24 PM   #20 
  - Wow - so what changed?? nt  polichick   Sep-23-09 12:26 PM   #21 
  - If Obama held to the original plan there would have been no commercials...  slipslidingaway   Sep-23-09 12:30 PM   #24 
     - Those priorities could get the prez a primary challenger. nt  polichick   Sep-23-09 12:40 PM   #28 
        - The sad fact is that most people will never know as the media...  slipslidingaway   Sep-23-09 12:45 PM   #30 
           - Of course, Congress could take care of campaign finance any time they want...  polichick   Sep-23-09 12:56 PM   #32 
              - Yes Congress could, nobody asking about this portion of his HC plan :( n/t  slipslidingaway   Sep-23-09 05:19 PM   #49 
  - Great great post. Thanks.  Phoebe Loosinhouse   Sep-23-09 12:30 PM   #23 
  - It just goes to show how quickly we forget what was promised...  slipslidingaway   Sep-23-09 12:36 PM   #26 
  - Posted in GD...  slipslidingaway   Sep-24-09 04:27 PM   #65 
  - Congress will get more on top of the $80 billion,  ProSense   Sep-23-09 01:07 PM   #36 
     - Why backoff from the 300 billion mentioned in the HC proposal...  slipslidingaway   Sep-23-09 05:27 PM   #50 
     - Crickets again. n/t  slipslidingaway   Sep-23-09 10:23 PM   #57 
  - But the DU apologist brigade insisted there was no such deal...  IndianaGreen   Sep-23-09 06:17 PM   #52 
  - I know, right?  Prism   Sep-23-09 06:45 PM   #53 
  - Watch the cspan video if you have time...  slipslidingaway   Sep-23-09 10:22 PM   #56 
  - And how is such a "deal" enforced by the government?  Better Believe It   Sep-23-09 10:47 PM   #58 
  - Appears they will be voting on the Nelson amendment soon...  slipslidingaway   Sep-24-09 11:07 AM   #60 
     - Grassley saying that it was Rockefeller who wanted low income seniors...  slipslidingaway   Sep-24-09 11:20 AM   #61 
        - Thanks for the heads-up; just turned off Big Ed's show in favor of c-span. nt  polichick   Sep-24-09 11:35 AM   #62 
           - You're welcome, Dems voting no Baucus, Carper, Menendez...  slipslidingaway   Sep-24-09 12:06 PM   #63 

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