Quote Originally Posted by JAB1985 View Post
big pharma uses pseudo monopolies by abusing patents and limiting competition, all to price gouge and make back that investment as soon as possible. the supply/demand is directly linked to life or death in most cases. its not a good policy to allow capitalism in that high stakes field, it can be considered profiteering. All it does is increase premiums for all of us, which we keep seeing as a result of the current system. The R&D is expensive, no doubt, but its part in their approach of just throwing shit at the wall and seeing what sticks. there will always be a need for innovation, and a hefty price to be paid for it, that still rewards those companies. theres a fine line there, limiting patent abuse or terms would allow for some more competition.

agreeing to a price upfront, including a return thats agreed upon by that company, is not going to hurt either side. They are already doing this for many plans, its just allowing the government to do the same for their plans/programs. If youre looking at it as more government involvement, so its bad, I can understand. it should be viewed as the government running its own health insurance company, which then why wouldnt they get the same benefit as the rest? that only increases competition among private companies. the government insurance is not intended to be the best option, its the merely an option among the private companies.
You are trying to paint a pretty picture on price controls. The history of price controls is awful. It will be no different in the field of medication.