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  1. #25

    Re: Investment/Economy Thread

    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.





  2. #26

    Re: Investment/Economy Thread

    Quote Originally Posted by WrongBaldy View Post
    gotta love trump workin to save jobs in china
    Quote Originally Posted by TarHeels33 View Post
    Saving jobs at a Chinese firm, which has been cited as a national security threat by our nation's top counterintelligence official, the same week a Trump branded Indonesian venture is getting a half billion loan from the Chinese government? Nah nothing to see there.
    Actually Trump is using this as a bargaining chip to get China to not tax agricultural products. Now you may still no like the plan, but lets get the whole picture....





  3. #27
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    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    No, the Govt isn't going to help because the govt screws with the free market. Price controls are awful policy.
    How is letting an insurance plan negotiate a price control?

    Sent from my Moto Z (2) using Tapatalk





  4. #28

    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    Actually Trump is using this as a bargaining chip to get China to not tax agricultural products. Now you may still no like the plan, but lets get the whole picture....
    ah yea the whole pikture
    https://www.vox.com/policy-and-polit...esia-lido-city





  5. #29

    Re: Investment/Economy Thread

    Quote Originally Posted by TarHeels33 View Post
    Saving jobs at a Chinese firm, which has been cited as a national security threat by our nation's top counterintelligence official, the same week a Trump branded Indonesian venture is getting a half billion loan from the Chinese government? Nah nothing to see there.
    lol its quiet in here....cricket...cricket...cricket...





  6. #30

    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    Actually Trump is using this as a bargaining chip to get China to not tax agricultural products. Now you may still no like the plan, but lets get the whole picture....
    BS. This administration has lost all credibility and any narrative they’re trying to craft is suspect until proven. After all the nonsensical pay-to-play conspiracy theories the right bought into based on quack theories and internet nonsense, that were largely proven false, you now refuse to put two and two together? What makes more sense? A narcissistic President who prizes money and greed over all else is trying to help SOYBEAN farmers or is trying to put money in his famly’s pocket? I’ll take Occam’s razor and door two sir.





  7. #31

    Re: Investment/Economy Thread

    Quote Originally Posted by Ortizer View Post
    How is letting an insurance plan negotiate a price control?

    Sent from my Moto Z (2) using Tapatalk
    I think it's pretty easy to see if the govt is 'negotiating' prices, it's price control.





  8. #32
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    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    I think it's pretty easy to see if the govt is 'negotiating' prices, it's price control.
    for their plans, not for everybody. Price control is if the government is setting the max. theyre not. theyre negotiating a price for their plans and nothing else. Private companies will still have to negotiate their own terms, better or worse. Its also being agreed upon, not dictated to, which is fundamentally wrong in your correlation to call it price control.
    -JAB





  9. #33

    Re: Investment/Economy Thread

    Quote Originally Posted by JAB1985 View Post
    for their plans, not for everybody. Price control is if the government is setting the max. theyre not. theyre negotiating a price for their plans and nothing else. Private companies will still have to negotiate their own terms, better or worse. Its also being agreed upon, not dictated to, which is fundamentally wrong in your correlation to call it price control.
    Hopeless naivete.





  10. #34
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    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    Hopeless naivete.
    watch your step on that slippery slope.
    -JAB





  11. #35

    Re: Investment/Economy Thread

    Quote Originally Posted by JAB1985 View Post
    watch your step on that slippery slope.
    Not a slipper slope at all, especially since it only applies to govt. Check out how price controls worked for the VA and medication in 1990.
    And why are they wanting to change the way negotiations happen in Medicare Part D? Where they actually kept the govt out of pricing and it the cost came in waayyy lowered then expected.





  12. #36
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    Re: Investment/Economy Thread

    Quote Originally Posted by blah3 View Post
    Not a slipper slope at all, especially since it only applies to govt. Check out how price controls worked for the VA and medication in 1990.
    And why are they wanting to change the way negotiations happen in Medicare Part D? Where they actually kept the govt out of pricing and it the cost came in waayyy lowered then expected.
    youre still reaching for a connection that somehow negotiating for them (whether theyre good at it or not) means dictating a price cap for all. It doesnt.
    -JAB





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