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Name removed
Sep 2015
OP
i agree with op hc's plan..moves the costs but does not control them
questionseverything
Sep 2015
#3
Deny and Shred
(1,061 posts)1. Right off the bat, links will help with the discussion. Please share
Applause for an OP about a comparison between the two candidates' stances and proposed policies on an issue that can be compared apples-to-apples. Here's to hoping it gets somewhere without devolving.
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questionseverything
(11,680 posts)3. i agree with op hc's plan..moves the costs but does not control them
http://www.nationaljournal.com/s/73702/hillary-clinton-releases-more-plans-cut-health-care-costs
Clintons policy proposals include: requiring insurers and employers to provide up to three sick visits to a doctor annually without having to first meet a plans deductible; providing a progressive, refundable tax credit of up to $5,000 per family for out-of-pocket costs; enforcing and broadening the ACAs transparency provisions; creating a fallback process for states that do not have the authority to modify or block health-insurance premium-rate increases; enforcing antitrust laws while monitoring health-industry consolidation; and mergers and building on value-based delivery-system reforms.
bernies plan
https://berniesanders.com/issues/fighting-to-lower-prescription-drug-prices/
and of course single payer which has huge cost savings
1. Negotiate A Better Deal
Require Medicare to use its bargaining power to negotiate with the prescription drug companies for better prices a practice that is currently banned by law.
Last year there were more than 37 million Medicare beneficiaries enrolled in private Part D plans. 90 percent of seniors take at least one prescription. Many seniors almost two-thirds take three or more prescription drugs.
Not only would negotiation substantially reduce prices seniors and people with disabilities pay for drugs, it could save Medicare between $230 billion to $541 billion dollars over the next decade.
83 percent of Americans support allowing the federal government to negotiate with drug companies for better prices.
2. Import Prescriptions from Canada
Allow individuals, pharmacists, and wholesalers to import prescription drugs from licensed Canadian pharmacies.
Clintons policy proposals include: requiring insurers and employers to provide up to three sick visits to a doctor annually without having to first meet a plans deductible; providing a progressive, refundable tax credit of up to $5,000 per family for out-of-pocket costs; enforcing and broadening the ACAs transparency provisions; creating a fallback process for states that do not have the authority to modify or block health-insurance premium-rate increases; enforcing antitrust laws while monitoring health-industry consolidation; and mergers and building on value-based delivery-system reforms.
bernies plan
https://berniesanders.com/issues/fighting-to-lower-prescription-drug-prices/
and of course single payer which has huge cost savings
1. Negotiate A Better Deal
Require Medicare to use its bargaining power to negotiate with the prescription drug companies for better prices a practice that is currently banned by law.
Last year there were more than 37 million Medicare beneficiaries enrolled in private Part D plans. 90 percent of seniors take at least one prescription. Many seniors almost two-thirds take three or more prescription drugs.
Not only would negotiation substantially reduce prices seniors and people with disabilities pay for drugs, it could save Medicare between $230 billion to $541 billion dollars over the next decade.
83 percent of Americans support allowing the federal government to negotiate with drug companies for better prices.
2. Import Prescriptions from Canada
Allow individuals, pharmacists, and wholesalers to import prescription drugs from licensed Canadian pharmacies.
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BlueWaveDem
(403 posts)2. I read that Hillary's plan includes letting medicare negotiate prices and import drugs from other
Countries. (Sorry ran out of room above)
I edited to add https://www.hillaryclinton.com/p/briefing/factsheets/2015/09/21/hillary-clinton-plan-for-lowering-prescription-drug-costs/
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questionseverything
(11,680 posts)4. hmmmm
what do you mean you ran out of room above?
this is your first post in thread???
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BlueWaveDem
(403 posts)5. In this box I ran out of room. Couldn't fit the word 'countries'.
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Response to questionseverything (Reply #4)
Motown_Johnny This message was self-deleted by its author.
Motown_Johnny
(22,308 posts)7. Doesn't the 80/20 rule make it even worse than just shifting costs?
Because the insurance companies can then add 25% to the cost to add to their profits.
For example, if I pay $800.00 dollars out of pocket for something but had that cost shifted to my insurance company they could then claim that $800.00 as money they pay out for benefits and can then raise premiums by that amount plus 25% or $1000.00.
Not much of a plan, unless you own a lot of stock in insurance companies.
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