Federal Drug Price Negotiation: Implications for Medicare Part D
Jim Hahn
Abstract
Jim Hahn
Abstract
This report discusses what it means for the federal government to “negotiate” drug prices under existing public programs, the arguments for and against such activities, and some implications for the pharmaceutical industry, Medicare beneficiaries, and others if similar federal involvement were to occur on behalf of the Medicare Part D program.
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This report discusses what it means for the federal government to “negotiate” drug prices under existing public programs, the arguments for and against such activities, and some implications for the pharmaceutical industry, Medicare beneficiaries, and others if similar federal involvement were to occur on behalf of the Medicare Part D program.
Key concepts: Negotiation, Government (linguistics), Business, Federal budget, Drug prices, Pharmaceutical industry, Public administration, Medicare Part D