Howard Dean: Medicare Doesn't Need To Negotiate Drug Prices

Former Vermont Governor Howard Dean (D) said Wednesday (July 29) the government may not need to negotiate drug prices in Medicare because insurance companies already negotiate drug prices in Part D and price controls could ruin drug research. Dean and former House Speaker Newt Gingrich (R) were asked at a Dentons event on the 50 th anniversary of Medicare and Medicaid whether lawmakers will, or should, allow Medicare to negotiate drug prices. That proposal has been around a long time...