If you said yes, you are wrong.
Why? For two main reasons, first Part D drug prices are already negotiated by the Part D administrators and the CBO points out that any additional gain would be modest. Second, the reason other countries (and the VA) can negotiate lower prices is because they LIMIT THE COVERED DRUGS.
So, if your doctor prescribes Lipitor for example, you would be required to take a replacement drug by another manufacturer… because it’s cheaper. Currently Medicare is required to pay for all FDA approved drugs. Rather than tell you the truth, politicians take the easy way out with promises focused on extracting an allusive “more” from a third-party.
If you want to lower costs, modify Medicare so that when it comes to drugs it operates just like the VA.
The USA can save on health care costs just like other countries if we are willing to do what other countries do to achieve those savings. But nobody seems to talk about that side of the equation, least of all the most outspoken politicians like Bernie Sanders.