Novo may not like it, but as CNBC notes, the company will be required to choose between negotiating its prices lower, paying an excise tax of95% of its sales on the drugs, or not having the drugs covered by Medicare and Medicaidat all. Image source: Getty Images. What thi...
The law is the most sweeping new social program since the creation of Medicare and Medicaid in the 1960s. It is intended to move the United States closer to the goal of universal care by using market-based mechanisms to deliver affordable insurance to less affluent families that have been pri...