Pres Trump just made speech about proposed bill for reducing Medicare prescription drug cost.
-Medicare will only pay prices for medicine based on an international price index which potentially will cut prices 5 fold.
-Docs get paid flat rate to remove incentive for docs to prescribe more expensive meds.
So..
What about private health insurance?
Are we taking baby steps?
Or is POTUS playing 5d chess again?
Example:
A Doc sees that a patient has both Medicare and Private or other insurance.
Doc decides to bill private or other insurance instead to attain a higher profit.
So potentially private or other insurance may pay more after the bill passes..
Leverage for future bill?
Thots?