Peter Welch: Trump’s a ‘Businessman’ and ‘He Gets It’ on Drug Prices

‘You don’t buy whole sale and pay retail and Medicare is the biggest purchaser of prescription drugs’

EXCERPT:

WELCH: "That is, you know, President Trump is a businessman and he gets it that you don’t buy whole sale and pay retail, and Medicare is the biggest purchaser of prescription drugs. And he also gets it basic free market principle is that buyer and seller negotiate. And the seller wants to get a high price. the buyer wants to get a lower price. The other thing that I thought was very encouraging to me, is that he spoke about this in human terms; you know, a lot of folks who voted for Donald Trump are really getting crushed by the high cost of prescription drugs and they are putting this life decision where they have to purchase something they really can’t afford or go without medicine that they or a child or partner really needs. So he got it on the human level as well. And there was no mystification about it. He knows the VA negotiates, he knows that Medicaid negotiates and he knows we’re getting ripped off."

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