Hi again Chris and thanks again for sharing your thoughts.
I find this hard to believe. After all, the Federal government has a budget; Medicare services come from this budget. Medicare is handled by the Department of Health and Human Services, which has a budget authority for fiscal 2019 of $1,241,642,000,000; of this, 86% is allocated to Medicare and Medicaid.
Chris you might find it hard to believe but Medicare nor Medicaid have a hard cap budget which is why you have never heard EVER any talk of Medicare running out of money, Medicare being over budget, or people not able to access medical treatment because of a government budget shutdown. There is a line item budget number for Medicare but its there more for guidance than the actual money that will be spent.
Negotiate is entirely different from dictate. Your statement is manifestly false.
Chris the government under our current healthcare system has to negotiate because while its buying power is enormous its not the only game in town. If we move to Medicare for all the government will be the only game in town therefore it will be able to DICTATE because it will be the only customer.
which in turn would mean less money spent on research. Why is this bad?
Chris less money on research means less new medical discoveries that might be fine with you but I doubt it is for those with cancer, Alzheimer’s or me who lost a father to Parkinson’s
Sure, research is good, but the decision as to how much money should be put into research should be made by both consumers and suppliers, not just the pharmaceutical companies
Neither pharmaceutical companies, consumers, or suppliers make research decisions the HEALTHCARE MARKET demand makes the call every time! No demand no product, market demand produces someone or some company that wants to profit from the demand.