He’s doing a good job, folks

Created
Wed, 30/08/2023 - 05:00
Updated
Wed, 30/08/2023 - 05:00
Nobody can say anything about Joe Biden except how old he is. Nothing else is relevant apparently. Except that his age is actually irrelevant, particularly when you look at what he’s done. Any progressive should be proud of accomplishments like this: The Biden administration Tuesday identified 10 expensive prescription drugs that have been chosen for price negotiations with pharmaceutical manufacturers as the government seeks to ease the financial burden on older and disabled Americans. The announcement marks an unprecedented step in a long political war over the nation’s exorbitant drug costs even as the pharmaceutical industry is still trying to block the plan. Half of the drugs chosen first for price negotiations are medications to prevent blood clots and treat diabetes and were taken by millions of people on Medicare in the past year, according to a list released by federal health officials who oversee Medicare, the vast public health insurance system. Others are used to treat heart trouble, autoimmune disease and cancer. Consumers will not see benefits swiftly; the lower, negotiated prices are due to become available in early 2026. The three highest-cost drugs on the widely anticipated list of 10 are Eliquis, a blood thinner; Jardiance, which treats diabetes and heart failure; and Xarelto, another blood thinner. They cost Medicare $16 billion, $7 billion and $6 billion, respectively, in the past year. Medications could be targeted for price negotiation if they are available under Medicare drug benefits, lack certain competition to push down their prices and have been…