Myth:  Medicare will "negotiate" drug prices.

Reality:  Medicare will put price controls on drugs.

Merriam-Webster defines "negotiate" as "to confer with another so as to arrive at the settlement of some matter."3  Using the word negotiate obscures the truth about the way Medicare works.  Medicare does not confer with medical providers about prices.  Rather, it sets prices.  If providers don't accept these prices, then they will not be reimbursed for treating Medicare patients.

http://www.nationalcenter...0MedicareDrugPrices.html