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The Biggest Drug Price Drop in 60 Years — Promise Kept · Right Now Hot Takes

• 0:04
  Imagine this, you're 27 years old, you're paying
• 0:08
  for prescriptions, you're trying to build a life,
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  and the prices that used to feel like a monthly
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  gut punch just posted the biggest drop in over
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  60 years. Not a press release, not a campaign
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  slogan, actual numbers from the data. Welcome
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  to Right Now Hot Takes. I'm Jim Rand. Today,
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  we're talking about something rare in American
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  politics, a clear, measurable win that hits everyday
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  people in the wallet. Prescription drug prices
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  recorded their sharpest year -over -year decline
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  since 1963. The data came out this week. The
• 0:43
  Washington Post had to report it. Overall, medicinal
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  drug prices fell, and prescription drugs specifically
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  dropped about 3 .1 percent. The White House is
• 0:53
  pointing to Trump Rx, most favored nation deals
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  with the major manufacturers, and aggressive
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  pressure that forced companies to lower cash
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  prices for American patients. Some analysts will
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  argue about how much credit goes where. Earlier
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  Medicare negotiations, more generics coming online,
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  discount weight loss drugs? Fine. Look at the
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  direction of travel and the timing. For years,
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  the loudest voices on the left told us the only
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  answer was more government control. price controls,
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  single -payer dreams, endless expansion of bureaucracy.
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  They sold it as compassion for the working class
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  and for young people just starting out. The track
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  record was higher costs, shortages in some categories,
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  and less incentive for real innovation. This
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  time something different happened. Pressure.
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  Accountability. Direct deals that force companies
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  to compete on price for American patients instead
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  of treating the US market as the world's piggy
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  bank that subsidizes lower prices everywhere
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  else. Young people feel this. You're the ones
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  starting families, managing student debt, dealing
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  with chronic conditions, or just trying to keep
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  insulin, specialty drugs, or even the new weight
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  loss medications from wrecking your monthly budget.
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  When prices fall meaningfully after decades of
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  relentless increases, that is not abstract. That
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  is breathing room. That is one less reason to
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  put off starting a family or taking a risk on
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  a new job or moving for opportunity. Here's the
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  deeper point. Free enterprise is not perfect.
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  Markets can be messy. Companies will charge what
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  the market will bear if no one pushes back. But
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  markets respond to pressure and incentives in
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  ways central planning never does. When you make
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  it expensive and politically costly to gouge
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  American patients, companies find ways to lower
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  prices. When you threaten tariffs on their products
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  and demand most favored nation terms, deals get
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  made. The socialist approach keeps promising
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  the same thing. Give us more power over the entire
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  system and we'll make it fair. History shows
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  they usually make it scarce, slower, and more
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  expensive in the long run. This drop is a reminder
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  that results matter more than intentions. You
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  can lecture about equity and health care as a
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  human right all day. or you can actually deliver
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  lower prices that show up in the data that families
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  can feel. I love this country because it still
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  has the capacity to correct course when the incentives
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  are right. Ordinary people working, saving, raising
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  kids, they deserve systems that work for them
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  instead of systems that protect the status quo
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  or expand the administrative state. If you're
• 3:27
  in your 20s and you're being told that free markets
• 3:29
  are the problem and that only more government
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  can save you, look at the data this week. The
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  biggest drop in six decades did not come from
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  more bureaucracy. It came from pressure that
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  forced real competition and real deals. That's
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  the contrast right now. One side sells control
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  and hopes and keeps expanding the administrative
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  state. The other side can deliver measurable
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  relief when it has the courage to use leverage
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  and stick to results. Keep watching the numbers.
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  Keep demanding results over rhetoric. Keep choosing
• 3:59
  the system that expands opportunity instead of
• 4:01
  managing scarcity. If you enjoyed this episode,
• 4:05
  please do us a great favor. Rate and review the
• 4:08
  show on Apple podcasts, Spotify, or wherever
• 4:11
  you listen, and share this episode with a friend.
• 4:15
  Subscribe for more Unfiltered Truth. I'm Jim
• 4:18
  Rand. I'll see you next time on Right Now Hot
• 4:21
  Takes.