Biden on drug prices: ‘We will set the prices’

Otherwise known as a totalitarian point of view. Cloaked in wolf’s clothes. . Something that sounds good. A feel good moment. All we need to know about one Joe Biden and his healthcare plan.

Companies that develop drugs will have to go to the Health and Human Services Department (HHS) to be told what they’ll be allowed to charge for their products if Joe Biden is elected president, the former vice president declared Wednesday during the Democrat presidential debate.

I managed to get through the debate to this point. Considering it takes about one Billion buckeroos to develop a new drug and years and years, this should work out swell. The simple answer is that foreign countries need to pay their fair share of the price of drugs including development. We need to stop subsidizing.

Biden made the claim while defending his health care plan against the charge that it would not cover everyone in America, adding that his administration would also dictate any price increases:

“My plan does cover everyone, number one. Number two, the fact is that my plan also calls for controlling drug prices. The biopharma is now where things are going to go. It’s no longer chemicals.

“It’s about all the breakthroughs we have with the whole — excuse me, immune system.

“And, what we have to do now is we have to have a form that sits in the HHS and says: as you develop a drug, you got to come to us and decide what you can sell it for.

“We will set the price. And, secondly, it says that you cannot raise that price beyond the cost of inflation from this point on.”

Keep reading

Let’s make sure we remember what Obama had in mind.Do we really want Obama 2.0 in the form of Joe Biden? Government controlled healthcare? Back in 2011-

Drug Shortages in Great Britain – Coming soon with Obamacare?

Patients are being forced to wait for vital drugs – including treatments for cancer – because of desperate shortages of medicines across Britain.

Stocks of 56 drugs, including treatments for cancer, Parkinson’s disease, schizophrenia, depression, kidney disease, high blood pressure, and epilepsy have now run low.

Other than that, all is well in the swamp. For the best in conservative news, and so much better than Drudge. Click below.