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A comment on The Best Fix for American Drug Prices Is Already on the Books. Parent comment

Re:The Best Fix for American Drug Prices Is Already on the B... by refurb on Monday May 14, 2018 @12:03AM (#17062597)
it's not about negotiation at all. NZ has a population of 5M. The largest private health insurer in the US, United Health, cover 40M people. They can, and do, negotiate drug prices.

Who do you think would get a better deal?

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Re:The Best Fix for American Drug Prices Is Already on the B... by p1necone on Monday May 14, 2018 @12:44AM (#17062762)
We don't need to speculate on who gets a better deal, we can already see that people in NZ pay far, far (like an order of magnitude) less for drugs.
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Re:The Best Fix for American Drug Prices Is Already on the B... by disordinary on Monday May 14, 2018 @12:15AM (#17062633)
Is it the health insurer that negotiates though or the individual private health care providers and pharmacy chains (drug stores)?
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Re:The Best Fix for American Drug Prices Is Already on the B... by refurb on Monday May 14, 2018 @12:21AM (#17062652)
It's the insurer who negotiates with the drug companies directly.

And they do negotiate hard! United healthcare has over 100 products on it's exclusion list which means they told the drug company "no, we won't pay for your drug."

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Re:The Best Fix for American Drug Prices Is Already on the B... by disordinary on Monday May 14, 2018 @12:33AM (#17062715)
Then it must be about added regulations that the US has.
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