There is a serious issue with price fixing in pharma. Whether it's generics colluding, fake patent extensions, or name brand producers paying off generic; it needs to stop.
The current practice is to mark drugs up sky high and rebate the prices. Maybe someone can educate me, but it looks very similar to money laundering IMHO.
If there ever was a clear case for a law that should be revoked, it's that one. The whole point is that you can negotiate prices and make medical care cheaper for everyone. Banning that is the clearest evidence that the system is designed to increase corporate profits, not heal people.
There is currently an anti-kickback statute in place that protects rebates. Big news is that this might change this year or next year, rebates are paid at point of sale to consumers. Insurance premiums would rise, so non-utilizers see an increase in cost, and very high utilizers see a reduction (rebates primarily on high cost brand drugs).
The current practice is to mark drugs up sky high and rebate the prices. Maybe someone can educate me, but it looks very similar to money laundering IMHO.