Business & Economics
Business & Economics
CAPITAL IDEAS: Time for Return to Reasonableness in Federal Land Grabs
Download the Brief Nearly half of California isn’t actually California. It’s an extension of Washington, D.C. Almost 46 percent of the state’s land mass is owned by the federal government, according to the Congressional Research Service. This means business opportunities in virtually half of the state are greatly restricted. In ...
Business & Economics
Free Speech Can Improve Health Care Outcomes
In a unanimous and bipartisan vote, Arizona’s legislature passed the Free Speech in Medicine Act, which was signed into law about two months ago. Passing anything with bipartisan support is noteworthy in today’s hyper-partisan environment. Passing a bill with such important and positive implications for patients, even if the law ...
Business & Economics
New Study Finds High Prescription Drug Costs Are Not Driving Up U.S. Healthcare Costs
It’s easy for politicians and consumers to rage about the high price of prescription drugs, but Wayne Winegarden, Pacific Research Institute’s senior fellow in business and economics, said those prices are not to blame for the high cost of healthcare in the United States. Recently, U.S. Bernie Sanders has been ...
Business & Economics
Pharmacy Benefit Managers Add Cost To Healthcare, Impose Consumer And Market Burdens, Study Says
Due to inefficiencies in the current regulatory framework, pharmacy benefit managers can add cost to the healthcare system and impose burdens on both consumers and market competition, according to a new study released by the Pacific Research Institute. PBMs — essentially middlemen who process prescription transactions, negotiate drug discounts and ...
Business & Economics
Government Should Leave Sharing Economy Alone
Governments tend to target innovative industries that are too new to be regulated and single them out for punitive taxes and nasty abuse. As Art Laffer once put it, governments aren’t happy when business pioneers enjoy “success without the benevolent, guiding wisdom of” of the regulatory state. This was the ...
Business & Economics
Empower Patients, Not ICER
An obscure institute that most people have never heard of threatens to impose unwarranted restrictions on medically-advised treatments for patients. The Institute for Clinical and Economic Review, or ICER as it is commonly known, assesses whether medicines are cost effective, based on ICER’s definition, of course. These assessments are intended ...
Business & Economics
It’s Time To Switch Our Pharmacy Benefit Manager
Click here to read PRI’s new issue brief, The Economic Costs of Pharmacy Benefit Managers Express Scripts, the largest pharmacy benefit manager (PBM) in the nation, is discovering just how much customer service matters. It may also be discovering that suing your biggest customer in court is generally not considered ...
Business & Economics
Prevailing Wage Would Make California’s Housing Crisis Worse
California has a grim housing problem and nearly everyone in the state, whether they have tried to buy or rent a home or not, is aware of it. Apparently, though, some in Sacramento haven’t noticed and hope to mix in more of the poison that created the crisis in the ...
Business & Economics
Free Market Would Do More to Protect California’s Environment Than State Regulation
California is home to six of the 10 cities with the worst air pollution in the country. This seems inconceivable, given that the state has the strictest environmental rules in the nation. Clearly, policymakers have been making the wrong choices. Of course, there’s little chance they’ll admit error. Their response ...
Business & Economics
Drug Importation Will Not Improve Health Care Affordability
The growing problem of health care affordability requires prompt and effective policy solutions. However, just as the wrong medical diagnosis will not cure a patient, and may make the patient even sicker, the wrong policy solution will not address the U.S. health care affordability problem, and may even worsen the ...
CAPITAL IDEAS: Time for Return to Reasonableness in Federal Land Grabs
Download the Brief Nearly half of California isn’t actually California. It’s an extension of Washington, D.C. Almost 46 percent of the state’s land mass is owned by the federal government, according to the Congressional Research Service. This means business opportunities in virtually half of the state are greatly restricted. In ...
Free Speech Can Improve Health Care Outcomes
In a unanimous and bipartisan vote, Arizona’s legislature passed the Free Speech in Medicine Act, which was signed into law about two months ago. Passing anything with bipartisan support is noteworthy in today’s hyper-partisan environment. Passing a bill with such important and positive implications for patients, even if the law ...
New Study Finds High Prescription Drug Costs Are Not Driving Up U.S. Healthcare Costs
It’s easy for politicians and consumers to rage about the high price of prescription drugs, but Wayne Winegarden, Pacific Research Institute’s senior fellow in business and economics, said those prices are not to blame for the high cost of healthcare in the United States. Recently, U.S. Bernie Sanders has been ...
Pharmacy Benefit Managers Add Cost To Healthcare, Impose Consumer And Market Burdens, Study Says
Due to inefficiencies in the current regulatory framework, pharmacy benefit managers can add cost to the healthcare system and impose burdens on both consumers and market competition, according to a new study released by the Pacific Research Institute. PBMs — essentially middlemen who process prescription transactions, negotiate drug discounts and ...
Government Should Leave Sharing Economy Alone
Governments tend to target innovative industries that are too new to be regulated and single them out for punitive taxes and nasty abuse. As Art Laffer once put it, governments aren’t happy when business pioneers enjoy “success without the benevolent, guiding wisdom of” of the regulatory state. This was the ...
Empower Patients, Not ICER
An obscure institute that most people have never heard of threatens to impose unwarranted restrictions on medically-advised treatments for patients. The Institute for Clinical and Economic Review, or ICER as it is commonly known, assesses whether medicines are cost effective, based on ICER’s definition, of course. These assessments are intended ...
It’s Time To Switch Our Pharmacy Benefit Manager
Click here to read PRI’s new issue brief, The Economic Costs of Pharmacy Benefit Managers Express Scripts, the largest pharmacy benefit manager (PBM) in the nation, is discovering just how much customer service matters. It may also be discovering that suing your biggest customer in court is generally not considered ...
Prevailing Wage Would Make California’s Housing Crisis Worse
California has a grim housing problem and nearly everyone in the state, whether they have tried to buy or rent a home or not, is aware of it. Apparently, though, some in Sacramento haven’t noticed and hope to mix in more of the poison that created the crisis in the ...
Free Market Would Do More to Protect California’s Environment Than State Regulation
California is home to six of the 10 cities with the worst air pollution in the country. This seems inconceivable, given that the state has the strictest environmental rules in the nation. Clearly, policymakers have been making the wrong choices. Of course, there’s little chance they’ll admit error. Their response ...
Drug Importation Will Not Improve Health Care Affordability
The growing problem of health care affordability requires prompt and effective policy solutions. However, just as the wrong medical diagnosis will not cure a patient, and may make the patient even sicker, the wrong policy solution will not address the U.S. health care affordability problem, and may even worsen the ...
