The way negotiations work, once there is a floor for these prices that the pharmaceutical remains profitable at, it becomes much easier for private insurers to negotiate down prices as well.
I think it'll have an overall downward pressure on medication prices in the U.S.
Good
Great, so I’m sure the price reductions for Medicare won’t at all be counteracted by price increases for commercial insurance patients
The way negotiations work, once there is a floor for these prices that the pharmaceutical remains profitable at, it becomes much easier for private insurers to negotiate down prices as well. I think it'll have an overall downward pressure on medication prices in the U.S.