Wayne Winegarden
Commentary
Trump’s Healthcare Contradictions Threaten Beneficial Reforms
The Trump Administration is proposing a litany of contradictory healthcare reforms. Some reforms will empower patients, improve incentives, and strengthen the healthcare system. Others empower bureaucrats, worsen incentives, and will restrict patients’ access to needed healthcare treatments. A better outcome will only emerge if the Administration jettisons the ill-advised proposals ...
Wayne Winegarden
July 9, 2019
Commentary
Flawed WHO Study Could Jeopardize Patients’ Access to Cancer Medicines
Determining whether the prices for medicines are appropriate or not is critically important, which is why studies that attempt to answer this question must stand up to scrutiny. Studies that undervalue medicines jeopardize the development of future cures, while studies that overvalue medicines justify the imposition of excessive health care ...
Wayne Winegarden
June 27, 2019
Business & Economics
Are ESG Funds A Good, Long-Term Investment?
One of the hottest investment trends promises to do well while by doing good. This investment trend is called environmental, social, and governance investing, or ESG funds. Not all ESG funds have similar investment strategies. Some ESG funds actively invest in companies that meet specific environmental or social criteria. These ...
Wayne Winegarden
June 2, 2019
Commentary
Don’t Legislate Away Biopharmaceutical Innovation
The U.S. economy thrives on innovation. According to the U.S. Patent and Trademark Office, industries that intensively rely on intellectual property (IP) protections, which includes the biopharmaceutical industry, account for nearly 40 percent of the U.S. economy and are responsible for an outsized share of our overall economic growth. Beyond the ...
Wayne Winegarden
May 30, 2019
Blog
“HELP-ing” to Make Health Care More Affordable
The Senate Health, Education, Labor & Pensions (HELP) Committee has just released a bi-partisan bill authored by Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) that would make health care more affordable and more transparent for patients. These reforms are not grandiose fantasies that are destined to fail, such as ...
Wayne Winegarden
May 29, 2019
Commentary
Differentiating Health Care Costs from Health Care Value
The wrong model, no matter how hard you work it, will never provide the right answer. When it comes to how we pay for health care, the U.S. is using the wrong model. What’s worse, these financing inadequacies could threaten the viability of new therapies that will bring hope to ...
Wayne Winegarden
May 20, 2019
California
The Perils of Regulating Drugs by Sound Bite
There is a legal adage that “hard cases make bad law.” California may soon rediscover this wisdom. Assembly member Jim Wood has introduced a bill (AB 824) with the intention of discouraging “pay-for-delay” tactics. “Pay-for-delay” practices refer to a situation when a manufacturer of a patented drug pays the manufacturer ...
Wayne Winegarden
May 16, 2019
Commentary
Pharmaceutical Rebates — Keeping The Right Score
Sometimes the important reforms are those that address the mundane details. The Administration’s proposed changes to how pharmaceutical rebates are paid fall into this category. While far from a panacea, this reform could meaningfully improve the pharmaceutical market. For this reason, the Congressional Budget Office’s (CBO) just released “budget score“ on ...
Wayne Winegarden
May 6, 2019
Commentary
Price Controls by Another Name
The costs of medicines continue to dominate the headlines, attracting the attention of Congress and the Trump Administration. Reforms are necessary, but many of the reforms under consideration will make the situation worse. Indexing U.S. prices to the prices in other countries that use price controls, or using third-party arbitration ...
Wayne Winegarden
April 30, 2019
Business & Economics
Control Spending To Grow The Economy
Milton Friedman used to say, “keep your eye on one thing and one thing only: how much government is spending because that’s the true tax”. Judged against this criterion, despite the recent tax reforms, the U.S. economy is still taxed too much. At the federal level, Congress recently passed another ...
Wayne Winegarden
April 26, 2019
Trump’s Healthcare Contradictions Threaten Beneficial Reforms
The Trump Administration is proposing a litany of contradictory healthcare reforms. Some reforms will empower patients, improve incentives, and strengthen the healthcare system. Others empower bureaucrats, worsen incentives, and will restrict patients’ access to needed healthcare treatments. A better outcome will only emerge if the Administration jettisons the ill-advised proposals ...
Flawed WHO Study Could Jeopardize Patients’ Access to Cancer Medicines
Determining whether the prices for medicines are appropriate or not is critically important, which is why studies that attempt to answer this question must stand up to scrutiny. Studies that undervalue medicines jeopardize the development of future cures, while studies that overvalue medicines justify the imposition of excessive health care ...
Are ESG Funds A Good, Long-Term Investment?
One of the hottest investment trends promises to do well while by doing good. This investment trend is called environmental, social, and governance investing, or ESG funds. Not all ESG funds have similar investment strategies. Some ESG funds actively invest in companies that meet specific environmental or social criteria. These ...
Don’t Legislate Away Biopharmaceutical Innovation
The U.S. economy thrives on innovation. According to the U.S. Patent and Trademark Office, industries that intensively rely on intellectual property (IP) protections, which includes the biopharmaceutical industry, account for nearly 40 percent of the U.S. economy and are responsible for an outsized share of our overall economic growth. Beyond the ...
“HELP-ing” to Make Health Care More Affordable
The Senate Health, Education, Labor & Pensions (HELP) Committee has just released a bi-partisan bill authored by Senators Lamar Alexander (R-TN) and Patty Murray (D-WA) that would make health care more affordable and more transparent for patients. These reforms are not grandiose fantasies that are destined to fail, such as ...
Differentiating Health Care Costs from Health Care Value
The wrong model, no matter how hard you work it, will never provide the right answer. When it comes to how we pay for health care, the U.S. is using the wrong model. What’s worse, these financing inadequacies could threaten the viability of new therapies that will bring hope to ...
The Perils of Regulating Drugs by Sound Bite
There is a legal adage that “hard cases make bad law.” California may soon rediscover this wisdom. Assembly member Jim Wood has introduced a bill (AB 824) with the intention of discouraging “pay-for-delay” tactics. “Pay-for-delay” practices refer to a situation when a manufacturer of a patented drug pays the manufacturer ...
Pharmaceutical Rebates — Keeping The Right Score
Sometimes the important reforms are those that address the mundane details. The Administration’s proposed changes to how pharmaceutical rebates are paid fall into this category. While far from a panacea, this reform could meaningfully improve the pharmaceutical market. For this reason, the Congressional Budget Office’s (CBO) just released “budget score“ on ...
Price Controls by Another Name
The costs of medicines continue to dominate the headlines, attracting the attention of Congress and the Trump Administration. Reforms are necessary, but many of the reforms under consideration will make the situation worse. Indexing U.S. prices to the prices in other countries that use price controls, or using third-party arbitration ...
Control Spending To Grow The Economy
Milton Friedman used to say, “keep your eye on one thing and one thing only: how much government is spending because that’s the true tax”. Judged against this criterion, despite the recent tax reforms, the U.S. economy is still taxed too much. At the federal level, Congress recently passed another ...