Non-Stop Calls Against Prop 61 (Prescription Drug Regulation) (1 Viewer)

This initiative was designed to restrict the amount that any state agency could pay for drugs, tying it to the price paid by the U.S. Department of Veterans Affairs—an organization that falls under certain state laws regarding drug price negotiations. Specifically, it would forbid state agencies to enter into any purchasing agreement with drug manufacturers unless the net cost of the drug is the same or less than that paid by the VA. The measure would apply in any case in which the state ultimately provides funding for the purchase of drugs, even if the drugs are not purchased directly by a government agency. The measure only applies to the purchasing of drugs by state agencies and does not apply to purchases made by individuals. Medicaid managed care programs would be exempt from drug price regulations required by Proposition 61.[2]

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Gr00vus said:

I'm voting for it to send a message, but you realize the cost reductions are not going to apply to most CA citizens, and there is a real possibility it could backfire, right?

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The GAO study looked at data for 10 high-cost drugs administered by physicians from the four states with the highest Medicaid spending: California, New York, Pennsylvania and Texas. Medicare drug spending was compared to spending by Medicaid, the Department of Veterans Affairs and two large private payers.

It found that Medicare generally paid the same or more for the drugs than other federal payers and the VA never paid more than 68% of the Medicare rates for the drugs. The private payers often paid more than Medicare.

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Walking Boot said:

They already tried it with Medicaid, and the result was a disaster. Don't know why this or Medicare would be different.

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Medicaid​

While the details differ by state, Medicaid’s drug pricing strategies are mostly based on discounts that drug manufacturers are required to give on retail drugs. In effect, these rebates lower the prices paid by Medicaid to whichever is lower: 23.1 percent less than the average price paid for the drug by other buyers, or the lowest price at which the drug is sold to other buyers. Medicaid gets an additional rebate if a drug’s price rises faster than inflation. In addition to these mandatory rebates, state Medicaid programs can negotiate further discounts.​

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Walking Boot said:

This was the argument in a nutshell:

-I pay $10 a ticket to go to the movies

-My dad goes to the movies on Tuesdays at 4pm and pays $6 for the matinee with the Senior Citizen Discount

-I feel that's wrong. So, there should be a law that everyone can see the same movie at the same price. Anyone should be able to pay the Senior price!

The dumb people like CSTU who wanted this to pass figured, afterwards, that the movie theater would keep the $6 senior price and everyone would pay that. The intelligent people reasoned that if it passes, the movie theater will just raise the senior price to $10.

Thank god there are a lot of people in California smarter than @cstu

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cstu said:

We've been getting recorded calls seemingly non-stop telling us to vote against Prop 61 

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Walking Boot said:

This was the argument in a nutshell:

-I pay $10 a ticket to go to the movies

-My dad goes to the movies on Tuesdays at 4pm and pays $6 for the matinee with the Senior Citizen Discount

-I feel that's wrong. So, there should be a law that everyone can see the same movie at the same price. Anyone should be able to pay the Senior price!

The dumb people like CSTU who wanted this to pass figured, afterwards, that the movie theater would keep the $6 senior price and everyone would pay that. The intelligent people reasoned that if it passes, the movie theater will just raise the senior price to $10.

Thank god there are a lot of people in California smarter than @cstu

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