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Friday, Mar 4 2016

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At Debate, Trump Pressed On Plan To Allow Medicare To Negotiate Drug Prices

The front-runner for the Republican nomination was asked how he would save $300 million by allowing Medicare to negotiate drug costs when the program only spent $78 million on them in 2014. The Washington Post and The Associated Press fact check his claims.

Billionaire Donald Trump entered Thursday night鈥檚 GOP debate as the race鈥檚 front-runner 鈥 but he spent much of the night on the defensive, struggling to explain his positions to skeptical moderators, arguing with his rivals, even trying to drown out their arguments with shouted insults. 鈥淚 won 10 states,鈥 Trump said at one point, reasserting his dominance on a night when it seemed to be under assault. 鈥淚 am by far the leader!鈥 ... Moderator Chris Wallace had one of most powerful moments of the early going, pressing Trump to explain a claim that he would save $300 billion from Medicare drug purchases, when the U.S. only spends $78 billion total on Medicare drug purchases. Trump seemed to dodge the question, despite Wallace鈥檚 repeated efforts to pin him down. (Fahrenthold, 3/3)

Fox News aired the 11th GOP presidential debate on March 3, a prime-time event starring the four remaining aspirants for the Republican nomination. Not every candidate uttered statements that are easily fact checked, but the following is a list of 14 suspicious or interesting claims. ... 鈥淚鈥檓 not only talking about drugs, I鈥檓 talking about other things. We will save $300 billion a year if we properly negotiate. We don鈥檛 do that. We don鈥檛 negotiate. We don鈥檛 negotiate anything," Trump said. This is the first time that Trump has said that his repeated claim that he would save $300 billion on prescription drugs in Medicare actually was supposed to mean negotiating for a range of products in the Medicare system. As we have noted previously, his earlier statements made no sense because total spending in Medicare Part D (prescription drugs) in 2014 was $78 billion. But the $300 billion pledge doesn鈥檛 make much sense either. Projected Medicare spending in 2016 is $560 billion, so Trump unrealistically is claiming he will cut spending nearly 55 percent. (Kessler and Lee, 3/4)

"Because of the fact that the pharmaceutical companies are not mandated to bid properly, they have hundreds of billions of dollars in waste," [Donald Trump said at Thursday's debate]. This relates to Trump's unachievable promise to save $300 billion by allowing Medicare to negotiate prescription drug prices. That's impossible because the entire country 鈥 Medicare, private insurance, individuals and other government programs 鈥 spends about $300 billion on drugs ($297.7 billion in 2014). Trump's promise could only be fulfilled, in essence, if drugs were free. (3/3)

This is part of the Morning Briefing, a summary of health policy coverage from major news organizations. Sign up for an email subscription.
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