Biotech Values

[jbog]

President-elect Donald Trump said in a weekend interview that he is nearing completion of a plan to replace President Obama’s signature health-care law with the goal of “insurance for everybody,” while also vowing to force drug companies to negotiate directly with the government on prices in Medicare and Medicaid.

Trump declined to reveal specifics in the telephone interview late Saturday with The Washington Post, but any proposals from the incoming president would almost certainly dominate the Republican effort to overhaul federal health policy as he prepares to work with his party’s congressional majorities.

Moving ahead, Trump said lowering drug prices is central to lowering health costs nationally — and will make it a priority for him as he uses his bully pulpit to shape policy.

When asked how exactly he would force drug manufacturers to comply, Trump said part of his approach would be public pressure “just like on the airplane,” a nod to his tweets about Lockheed Martin’s F-35 fighter jet, which Trump said was too costly.

Trump waved away the suggestion that such activity could lead to market volatility. “Stock drops and America goes up,” he said. “I don’t care. I want to do it right or not at all.”He added that drug companies “should produce” more products in the United States.

https://www.washingtonpost.com/politics/trump-vows-insurance-for-everybody-in-obamacare-replacement-plan/2017/01/15/5f2b1e18-db5d-11e6-ad42-f3375f271c9c_story.html?postshare=1231484529419268&tid=ss_tw&utm_term=.14c53164e07f