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The MeidasTouch Podcast

Meidas Health, Episode 6: Biden’s Medicare Reformer on Why Trump’s Health Plan Is Smoke and Mirrors

Thu, 15 May 2025

Description

Meidas Health is on a roll! Continuing its series of incisive interviews with the nation’s top healthcare leaders, Chiquita Brooks-LaSure — head of the Centers for Medicare and Medicaid Services under President Biden — joins host Dr. Vin Gupta for a hard-hitting discussion on prescription drug pricing in the United States. In light of President Trump’s executive order yesterday — which was light on specifics — what’s actually having an impact on lowering costs for patients nationwide? Learn more about your ad choices. Visit megaphone.fm/adchoices

Audio
Transcription

Chapter 1: Who are the guests and hosts in this episode?

0.834 - 15.335 Dr. Vin Gupta

Hi again, Midas Mighty. It's great to be with you for episode six. And we have quite the guests for episode six, especially given the times. We have former head of CMS, the Center for Medicare and Medicaid Services, Nikita Brooks-LaSure.

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16.036 - 34.199 Dr. Vin Gupta

I am so excited that she's here, especially since it's, as we talked about in the past, the purpose of this podcast is to profile and platform the nation's best healthcare leaders so that you can hear directly from them on issues that matter, especially issues that are dominating the news cycle.

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34.719 - 45.201 Dr. Vin Gupta

So without further ado, I'm going to bring Chiquita on to talk about all things pricing and just all the seemingly endless news cycle. But Chiquita, thanks for being here.

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45.814 - 46.835 Chiquita Brooks-LaSure

Thank you for having me.

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48.015 - 63.044 Dr. Vin Gupta

Chiquita, I wanted to dive right in. And it wasn't lost on any of our listeners, the big announcement yesterday from the Trump administration on drug pricing. And yet, as you and I were talking about, there's a difference between

64.085 - 76.443 Dr. Vin Gupta

pursuing these, what I think, objectives that we all agree on, lowering drug costs in the US by executive order versus all the amazing work that you did as head of CMS through the Inflation Reduction Act. And I was wondering if you could tease that out for us.

77.668 - 100.708 Chiquita Brooks-LaSure

Sure. So let me start by saying how much I think prescription drug cost is one of the biggest issues that we are facing in health care today. I said this often. I felt like a CMS administrator. The issue I heard about the most was. was people struggling to afford their drugs. And I think that's for two reasons.

100.728 - 116.639 Chiquita Brooks-LaSure

One, because the number of drugs that people, particularly seniors and people with disabilities, are taking really has increased, I would say, certainly over the last 10 years. So people are more dependent on that. And part of that is because we have

117.259 - 137.13 Chiquita Brooks-LaSure

incredible drugs that are doing incredible things, but we have gotten to the place in this country where so many people are really choosing between affording their drugs, putting food on the table, and paying for their housing, and heard so many heartbreaking stories about that.

Chapter 2: What are the main issues with prescription drug pricing in the US?

1753.749 - 1755.35 Chiquita Brooks-LaSure

Thank you so much. It's a pleasure.

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1755.791 - 1763.135 Unknown Speaker

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