propan tlc Steve Dunwoody for Vote Vets: Yes on Prop 61

Learn more at http://yeson61.com - Steve Dunwoody for Vote Vets Yes on Prop 61, the California Drug Price Relief Act of 2016.

Why use the Department of Veterans Affairs as the standard for drug pricing?

Because unlike some entities of the federal government – Medicare, for example – the Dept. of Veterans Affairs is empowered by law to use its bargaining power to negotiate the prices of drugs used in the agency’s provision of health-care services to veterans. As a result, data show that the Department pays on average 20-24% less for drugs than other government agencies.

The Dept. of Veterans Affairs even pays 40% less for drugs than Medicare Part D (the prescription-drug program for seniors). When Part D was established by the George W. Bush Administration, Medicare was specifically banned by law from using its huge bargaining power to negotiate for lower drug prices for seniors – a huge and unconscionable giveaway to the drug companies.

These prices are also publicly available according to he VA, so why shouldn’t we use the lowest domestic price for prescription rugs as our standard?

In addition, Drug Companies cannot exorbitantly raise the price of drugs the VA provides due to the Veterans Healthcare Act of 1992, which placed a series of limits on Big Pharma in regard to VA prices. This happened because in the early 90’s drug companies were doing the same thing to Veterans as they are to every day Californians now. It works for the VA, and it will work for California.

propan tlc Steve Dunwoody for Vote Vets: Yes on Prop 61
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