As an aside, one thing that this tweet does allude to is that the CMS has an incredible power to set prices sector wide if allowed to but the government. Since Medicare is the single largest insurance provider in the US, and since every other insurance provider follows the CMS’s lead when it comes to what to cover and how much to reimburse hospitals, CMS negotiating a lower price will lead to benefits for everyone who has insurance in the US.
As an aside, one thing that this tweet does allude to is that the CMS has an incredible power to set prices sector wide if allowed to but the government. Since Medicare is the single largest insurance provider in the US, and since every other insurance provider follows the CMS’s lead when it comes to what to cover and how much to reimburse hospitals, CMS negotiating a lower price will lead to benefits for everyone who has insurance in the US.