President Obama’s proposed price controls could hurt sick

Published September 13, 2016 4:05am ET



Beset by crumbling co-ops and pricier premiums, Obamacare is falling apart before our very eyes. But that hasn’t dented President Obama’s resolve.

Waging a crusade against “skyrocketing” prescription drug costs, President Obama has called for the federal government to have “the authority to negotiate prices for certain high-priced drugs.” In other words, let the government use price controls to keep drug prices low. (Pharmaceutical companies should have foreseen as much before they decided to support Obamacare’s passage.)

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