Wednesday, October 23, 2024

Drug Costs Explode As Kamalanomics Massively Backfires I & I Editorial Board

Go to Kamala Harris’ campaign website and among the very short list of alleged achievements is this: “She cast the deciding vote to lower drug prices and cap insulin prices for our seniors.”
  • The only problem is that drug costs for seniors have skyrocketed since Harris signed that bill.
  • Harris is pointing to the criminally misnamed “Inflation Reduction Act,” which got zero Republican votes, and which was supposed to lower the cost of prescription drugs by giving, as Harris puts it, “Medicare the power to negotiate lower drug prices with Big Pharma.”...
  • Seniors next year will face premiums that are 57% higher, on average, than they were in 2021...

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