LogFAQs > #967143315

Ruvan22 posted...

Didn't @Sackgurl explain how this works out better in a previous thread?

Sort of. They pointed out that its potential for the rest of the cost to be offset by reduced medicare drug prices, but that both hinges on negotiations actually having a significant impact AND next year's congressional budget being reduced by at least $300B. It has the potential to pay for itself through drug price savings, but only if future budgets actually allocate LESS towards medicare to offset the savings (edit: to further clarify, I was wrong that medicare is a "use it or lose it" line item, so the budget reduction doesn't have to come directly from medicare in the congressional budget, as long as it comes from anywhere else for the matching amount). Otherwise if the overall budget stays the same or goes up than said "savings" just get spent on something else and the deficit isn't impacted. That being said, a plan which has the potential to pay for itself over a decade or more still doesn't actually meaningfully address inflation as the name would imply, since it's still operating at a $400B funding deficit with the potential to pay for itself over time.