Sen Elizabeth Warren is on Twitter calling for lower drug costs by letting Medicare negotiate prices.
Apparently she doesn’t know that the Part D plans already negotiate prices and do so by leveraging formularies.
I guess she also doesn’t know the CBO has said that giving the Secretary authority to negotiate lower prices for a broad set of drugs on behalf of Medicare beneficiaries would have “a negligible effect on federal spending.”
She probably doesn’t know the VA spends less by having a very limited formulary because veterans have no other choice.
Maybe she does know all this and just likes to read her own Tweets. More likely she just wants more PR and isn’t that concerned with the facts.