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Why are you posting an article from 2007?
Because the old guard Republicans are still opposing this. Will Trump prevail?
Because
you hate capitalism??
No. Large hospital chains and buying groups negotiate drug prices all the time. Let the eagle fly!
Bill to Let Medicare Negotiate Drug Prices Is Blocked
WASHINGTON, April 18 — A pillar of the Democratic political program tumbled today when Republicans in the Senate blocked a proposal to allow Medicare to negotiate lower drug prices for millions of older Americans, a practice now forbidden by law.
Democrats could not muster the 60 votes needed to take up the legislation in the face of staunch opposition from Republicans, who said that private insurers and their agents, known as pharmacy benefit managers, were already negotiating large discounts for Medicare beneficiaries.
Fifty-five senators, including 6 Republicans, supported a Democratic motion to limit debate and proceed to consideration of the bill, while 42 senators voted against it. Such motions require a three-fifths majority under Senate rules. Without a limit on debate, opponents can prevent legislation from ever coming to a vote.
The Senate had only a brief debate on the merits of the legislation, which is a high priority for the new Democratic majority in Congress.
Republicans framed the issue as a choice between government-run health care and a benefit managed by the private sector. The drug benefit is delivered and administered by private insurers, under contract to Medicare.
Senator John Cornyn, Republican of Texas, denounced the bill as “a step down the road to a single-payer, government-run health care system.â€
http://www.nytimes.com/2007/04/18/washington/18cnd-medicare.html
#HatesAmericans