President Donald Trump says the United States should be negotiating with Medicare to get drug prices under control.
Trump, who is set to take the reins of the Affordable Care Act in January, said in a Fox News interview on Sunday that the United Nations has repeatedly warned against Medicare negotiating with drug companies.
“It’s been proven over and over again that Medicare will not negotiate with drug makers,” Trump said.
“I think the problem is with the drug companies, I mean, they’re in bed with them.
You know, they’ve been making billions of dollars, but they don’t want to give them a chance.
That’s what they want.””
I don’t think they want to have to negotiate, but I think we should negotiate with them,” Trump added.
“But we’re not going to negotiate with you because we don’t like what they’re doing, and we want to fix it, and it’s going to take a long time.”
Trump’s comments come on the heels of comments by House Speaker Paul Ryan, R-Wis., who said last month that he’s “not sure” the federal government should be able to negotiate drug prices.
“We need to have a government takeover of the drug industry,” Ryan said at the time.
“We’re not at that point.
We’re not even at that place.”
Ryan’s comments followed a letter sent to Congress by the Pharmaceutical Research and Manufacturers of America (PhRMA) last week.
The letter says drug companies “have been able to raise prices dramatically on many generic drugs, and have also been able … to cut prices on new medications without significant regulatory changes.”
PhRTA president Matthew Miller told Fox News that the pharmaceutical industry is looking to Congress to help them.
“If they’re looking for ways to help the American people by getting drug prices lower, then they should get a chance to do that,” Miller said.