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Posted: 10/13/2016 11:02:53 PM EDT
Link Posted: 10/14/2016 8:32:15 PM EDT
[#1]
The State should not be regulating drug pricing, whether directly or through wielding its power over the market's forces.  "No" on this one.
Link Posted: 10/15/2016 9:39:29 AM EDT
[#2]
Nope
Link Posted: 10/15/2016 3:44:22 PM EDT
[#3]
No to this.
Link Posted: 10/15/2016 5:22:07 PM EDT
[#4]
Market forces always apply and it would make an interesting application and lesson to those who think good ideas should be law. Lessons which of course would be lost on them but we know how that story goes.

First, this would apply to state agencies, probably mostly MediCal but any state entitlement program and effectively put them at the back of the line any time there is a supply issue. With respect to generic drugs it is probably a non-issue but newer drugs will go to those willing to pay. That means less for the entitlement programs and more for private or non-entitlement patients.

Second and more importantly, a possible supply bottleneck for Californians. Effectively a two-tier or class based market. This will lead to more attempts at regulatory retribution and laws to punish suppliers who don't follow special snowflake rules. It would be interesting to watch because California is "create your own weather" big but that goes so far. For example, it would put upward pricing pressure on the VA. Every penny price increase on the VA is a price increase on California too which reduces bargaining power for both of them.

The reduced supply for Californians would come about indirectly because of the inevitable result of trying to regulate beyond its borders. When suppliers sell first to the other players in the market, California Democrat legislators will of course cry foul and then do what they do best as they try to keep playing the welfare without consequences game. That is when the pain will spread to non-entitlement Californians.

Play by our rules or else doesn't work when you're not the biggest fish in the market and when they, the multi-national drug company, can hide behind distributors et. al. you can keep them somewhat at arms length. Resulting regulations and penalties would simply increase the cost of doing business in California, again, and California is going to pay, again.

Yes, this law is an obviously bad idea but if you want to watch the entitlement world burn, voting yes will have a price borne mostly by the FSA for a change.
Link Posted: 10/17/2016 12:50:08 PM EDT
[#5]
Hell no. If the VA negotiated a good price that doesn't mean the manufacturer should have to sell the anyone else for that price.
Link Posted: 10/17/2016 8:54:25 PM EDT
[#6]
Link Posted: 10/20/2016 1:16:28 PM EDT
[#7]
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Quoted:
Billionaire New Yorker Tom Steyer is trying to get this one passed hard.
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That fucking guy is all over the TV pushing several of these props.
Link Posted: 10/20/2016 8:22:00 PM EDT
[#8]
Link Posted: 10/21/2016 3:54:15 PM EDT
[#9]
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Quoted:
No to this.
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Link Posted: 10/21/2016 8:52:29 PM EDT
[#10]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Billionaire New Yorker Tom Steyer is trying to get this one passed hard.
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I really hate seeing that fucking dude on tv
Link Posted: 10/22/2016 12:54:58 AM EDT
[#11]
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Quoted:


I really hate seeing that fucking dude on tv
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Billionaire New Yorker Tom Steyer is trying to get this one passed hard.


I really hate seeing that fucking dude on tv


he sure seems like a sanctimonious arrogant asshole.
Link Posted: 10/24/2016 9:09:51 PM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


he sure seems like a sanctimonious arrogant asshole.
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Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:
Quoted:
Billionaire New Yorker Tom Steyer is trying to get this one passed hard.


I really hate seeing that fucking dude on tv


he sure seems like a sanctimonious arrogant asshole.



I hear he wants to run for Kalif Gov.
Link Posted: 10/24/2016 10:33:48 PM EDT
[#13]
If it passes, might it have the effect of making federal VA prices go up, so CA ends up syncing with that higher price instead of negotiating lower?
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