Politics: Democrat Buttigieg floats plan to slash rising drug costs - - PressFrom - US
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Politics Democrat Buttigieg floats plan to slash rising drug costs

14:06  07 october  2019
14:06  07 october  2019 Source:   reuters.com

Buttigieg plans sharper distinctions with Warren, Sanders

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Buttigieg , the mayor of South Bend, Indiana, proposed strengthening bargaining rights for American workers, including subcontractors, forcing companies to pay men and women the same wage for the same job, and awarding government contracts to businesses who offer good pay and benefits.

Buttigieg wants to require health insurance companies to provide mental health and addiction treatment on “For years, politicians in Washington have claimed to prioritize mental health care while slashing funding for That neglect must end,” Buttigieg said in a statement before the plan ’s release.

WASHINGTON (Reuters) - Democratic presidential hopeful Pete Buttigieg unveiled his plan on Monday to slash prescription drug costs for senior citizens and target pharmaceutical companies for rising prices, the latest 2020 candidate to detail policies to tackle the issue.

Peter Buttigieg wearing a microphone: U.S. Democratic presidential candidate Buttigieg speaks during a forum held by gun safety organizations the Giffords group and March For Our Lives in Las Vegas© Reuters/STEVE MARCUS U.S. Democratic presidential candidate Buttigieg speaks during a forum held by gun safety organizations the Giffords group and March For Our Lives in Las Vegas

Buttigieg, the mayor of South Bend, Indiana, said his plan would cut out-of-pocket prescription drug costs for seniors on the Medicare government insurance program by at least 50% by the end of his first term and cap costs for out-of-pocket prescription drug costs for anyone who chooses his public insurance plan at under $250 per month.

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Buttigieg , who is white and has seen issues of race flare up in South Bend after the fatal shooting of a black man by a white police officer last month, unveiled details of a wide-reaching plan focused on healthcare, education, criminal justice reform and home ownership. The 37-year-old mayor and combat.

Buttigieg wants to require health insurance companies to provide mental health and addiction treatment on an equal footing with other physical conditions, to reduce deaths from drugs , alcohol and suicide. "I’ll bring a new approach, rooted in commitment and community, to tackle this crisis with.

The plan would also go after pharmaceutical companies by penalizing those that raise drug prices by more than inflation, threatening to take patents away from companies that refuse to lower essential drug prices and allowing the federal government to negotiate with companies to make drugs more affordable.

"Instead of siding with Americans, politicians have stood with Big Pharma, as they did when Congress barred the federal government from negotiating with pharmaceutical companies on drug prices for seniors," said Buttigieg. "It’s time for a new era of leadership in Washington who will finally make drugs affordable and take on pharmaceutical companies."

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As Buttigieg 's national profile rises amid his underdog bid for the Democratic presidential nomination, a closer look at his record as mayor of South Bend, Indiana, reveals vulnerabilities he might face among the party's black and minority voters.

Последние твиты от The Democrats (@TheDemocrats). The official Twitter account of the Democratic National Committee, led by Chair @TomPerez. Join our team to get the latest info on Democratic news and issues.

Asked by Reuters how Buttigieg would pay for his plan, an aide said it was “cost neutral,” with between $1 billion and $2 billion of costs coming from taxes and penalties on drug companies. The aide declined to give more specifics.

Democrats vying for their party's nomination to face Republican President Donald Trump in the November 2020 election see affordable healthcare as an Achilles' heel for Trump, whose administration has failed to push through several initiatives to lower drug prices.

A federal judge in July shot down a Trump executive order that would have forced drugmakers to display list prices in advertisements, and Trump scrapped another planned order that would have banned some rebate payments that drugmakers make to payers.

DEMOCRATIC PROPOSALS

Several Democratic candidates have floated plans or supported legislation to enable direct government regulation or control of prescription drug prices.

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“ Rising healthcare costs are commanding more and more of the money that our companies could be using to innovate and to grow, making it harder Senate Finance Committee chairperson Max Baucus, a Democrat , said his panel would produce legislation to reform healthcare in June 2009 and called

Expanding the U.S. Supreme Court and lower courts, argues the Democratic mayor from Indiana, would be "no more a shattering of norms than what's already been done to get the judiciary where it is today.".

U.S. Senator Amy Klobuchar announced a plan over the summer to help lower the cost of pharmaceuticals purchased by seniors. Senator Elizabeth Warren also has a Medicare pricing plan. Senator Kamala Harris in July floated a plan that would enable the government to set fair prices for prescription drugs.

Senator Bernie Sanders went to Canada in July for an event to highlight the difference in the price of insulin. Former Vice President Joe Biden, the Democratic field's front-runner, said he wanted to repeal the law that prohibits Medicare from negotiating lower prices with drug companies and limit price increases for all brand-name, biotech and "abusively priced" generic drugs to inflation.

Buttigieg's plan would also require drug companies under a public plan or Medicare to report prices and manufacturing costs to the federal government to boost pricing transparency, reduce median annual out-of-pocket spending for drugs for those living with cancer or immune disorders and tackle the opioid epidemic by reducing the cost of naloxone - a drug used to reverse overdoses.

(Reporting by Valerie Volcovici; Additional reporting by Tim Reid; Editing by Peter Cooney)

In Fourth Dem Debate, Warren Maintains Her Health Care Evasion .
If she wants to deride Pete Buttigieg’s proposal as ‘Medicare for all who can afford it,’ why won’t Elizabeth Warren explain exactly how the country can afford the cost of her proposal?On Tuesday, Sen. Sherrod Brown—a notable leftist who has said he supports a single-payer health care system in theory—said in a CNN story that “it’s a terrible mistake if the Democratic nominee would publicly support ‘Medicare for All.’” On Tuesday evening, two of the party’s leading contenders for that nomination, Sens. Bernie Sanders and Elizabeth Warren, redoubled their commitment to such a policy, with Warren drawing fire from all sides about her lack of detail surrounding the issue.

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