Business & Economics
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 ...
California
CAPITAL IDEAS: Will Largest Gas Tax Increase In State History Bring Traffic Relief?
Download the Brief It’s painfully obvious that lawmakers in Sacramento just can’t help themselves. Otherwise Gov. Jerry Brown and a majority of legislators wouldn’t support a $52 billion tax hike to fix California’s gouged, pitted and cracked roads. They would find a way to do it with the resources they ...
Business & Economics
New PRI Study Finds That High Prescription Drug Costs Are Not Driving Up U.S. Health Care Costs
A more realistic evaluation of U.S. prescription drug prices shows that high drug prices are not actually driving up health care costs overall, and reflect the higher U.S. health care costs compared to the rest of the world, according to a new report released today by the Pacific Research Institute. ...
California
Could California Become The Next Canada for Health Care?
State Sen. Ricardo Lara didn’t move to Canada following Donald Trump’s win last November, but he visited last week. While touring a major research hospital in Toronto, he said he realized that American views on providing health care are becoming more Canadian. “One fundamental difference between the United States and ...
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 ...
CAPITAL IDEAS: Will Largest Gas Tax Increase In State History Bring Traffic Relief?
Download the Brief It’s painfully obvious that lawmakers in Sacramento just can’t help themselves. Otherwise Gov. Jerry Brown and a majority of legislators wouldn’t support a $52 billion tax hike to fix California’s gouged, pitted and cracked roads. They would find a way to do it with the resources they ...
New PRI Study Finds That High Prescription Drug Costs Are Not Driving Up U.S. Health Care Costs
A more realistic evaluation of U.S. prescription drug prices shows that high drug prices are not actually driving up health care costs overall, and reflect the higher U.S. health care costs compared to the rest of the world, according to a new report released today by the Pacific Research Institute. ...
Could California Become The Next Canada for Health Care?
State Sen. Ricardo Lara didn’t move to Canada following Donald Trump’s win last November, but he visited last week. While touring a major research hospital in Toronto, he said he realized that American views on providing health care are becoming more Canadian. “One fundamental difference between the United States and ...
