What Would Happen If Medicare Started Negotiating Drug Price...

Officials in the Medicaid program do it.

The people at the U.S. Department of Veterans Affairs do it as well.

So why don’t the folks overseeing the Medicare program negotiate with pharmaceutical companies over the price of prescription drugs?

Pharmaceutical representatives say Medicare negotiations would result in fewer choices for senior citizens who use the program to cover their drug purchases.

However, consumer advocates say Medicare negotiati...

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