9:59:39 PM PST - Sunday, November 28th, 2021

Public Opinion Is Unified on Lowering Prescription Drug Prices. Why Are Leaders Settling for Less?  

By Editor - Thu Nov 18, 2:58 am

Democrats and Republicans are crystal clear in polls that they want government to be allowed to negotiate down high drug prices. Americans pay nearly three times as much for drugs as patients in dozens of other countries. In the past two years, numerous Democratic candidates — including President Joe Biden — have campaigned on enacting such legislation. This year, the polling group at KFF asked respondents about support for drug price negotiations after giving them the commonly offered arguments, pro and con: On the pro side, lower prices mean people can better afford their medicines; on the con side, lower profits mean the possibility of less innovation and fewer new drugs. Large majorities supported the idea of Medicare negotiating with pharmaceutical firms to get lower prices for both its beneficiaries and people with private insurance: 83% overall, including 95% of Democrats, 82% of independents and 71% of Republicans.

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Public Opinion Is Unified on Lowering Prescription Drug Prices. Why Are Leaders Settling for Less?

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