Here's some fun banker. Let us recall you said Biden's "inflation reduction act" must have reduced drug prices thus reduced the inflation rate
The cost of drugs are rising despite the "inflation reduction act". Why would that be? How do rising drug prices curb inflation anyway?
You should probably read the left are on drugs section within the inflation reduction
ACT (stage). It's for medicare, period. You know, medicare is for freeloaders, they hardly spend money to begin with. It clearly states pharm. can raise pharm. prices for medicare, but if the prices are raised above the Bidenflation rate, then the companies have to supplement medicare.
You're a banker right? Sure, a masters in finance if I remember right (COUGH!). I just threw-up in my mouth. Anyway, you're so good with numbers and economics, pretend you can run a company. Scenario: Any charge to medicare that's above the inflation rate requires the company to pay 50% of the "surcharge" to medicare. And ******* A, they can even write it off (ILMAO must pay their fair share Biden Democrats). What would you do under this scenario, CEO Banker?
A. Increase medicare prices even more to recover Biden's "reduction action".
B. Pass the difference onto those who are not on medicare.
C. ******* A, do both.
That would cause pharm. prices to increase, decrease or nothing at all? Go.............
To kick off the new year, an Ohio-based nonprofit analyzed drug list price increases by pharmaceutical companies in January 2023 using proprietary data.
pharmanewsintel.com
