Drug Pricing
Blog
Does President Trump Favor Price Controls?
At 2 pm Eastern time today, President Trump spoke at the Department of Health and Human Services where he recommended a litany of policies that would ultimately impose price controls on the pharmaceutical market. Take his proposal to force the prices paid by Medicare for drugs administer in doctors’ offices ...
Commentary
Drug prices in ads actually hurt consumers
This month, the Trump administration proposed a new rule that would require advertisements for prescription drugs covered by Medicare or Medicaid to include the list price of the medicine. To be sure, a free market is dependent on consumers making informed decisions. But this move would provide patients with incomplete, misleading numbers ...
Business & Economics
Wayne Winegarden Talks Drug Pricing Advertising on Newsmax TV
Watch PRI’s Wayne Winegarden discuss the Trump Administration proposal on drug pricing advertising on “America Talks Live” with Dr. Gina Loudon and John Cardillo on Newsmax TV.
Commentary
Where’s the Outrage?
How can you tell if competition is working in a given market? Generally speaking, prices go down while quality goes up. Productivity increases as more efficient methods are discovered. Shortages are rare to nonexistent. And, most important, consumers win. Government intervention, monopolies, and other market distortions can disrupt the normal ...
Commentary
Why Health-Care Mergers Aren’t So Scary
Prominent politicos are voicing concerns about the wave of impending mergers in the health-care industry. On August 1, California insurance commissioner Dave Jones urged the Justice Department to block the merger of Aetna and CVS, fretting it “will have anticompetitive effects and … harm consumers.” Days later, the American Medical Association echoed his concerns. ...
Commentary
Single-Payer Progressives Lie Their Way to Victory
November’s midterm elections are just around the corner. This fall, Democratic congressional candidates are betting the farm — or shall we say the House — on government-run health care. The crop of Democrats eyeing the presidency in 2020, meanwhile, is similarly united behind a government takeover of the U.S. healthcare ...
Drug Importation
Sally Pipes in Health Care News Article on Drug Imports
Trump Administration Considers Allowing Some Drug Imports By Christopher Talgo U.S. Health and Human Services (HHS) Secretary Alex Azar has directed the Food and Drug Administration (FDA) to establish a working group to weigh the risks and rewards of drug importation, which is currently banned in the United States. The ...
Business & Economics
It’s Generics Not PBMs That Keep Pharmaceuticals Affordable
Expenditures on prescription drugs grew 12.4 percent in 2014 and 8.9 percent in 2015. These eye-popping data are not representative of the long-term expenditure trend, however. Not only did the growth in prescription drugs expenditures slow to 1.3 percent in 2016, longer-term (between 2009 and 2016), the average annual growth ...
Commentary
Canadian Pharmacy Scandal Reveals The Dangers of Drug Importation
A U.S. district court in Montana just imposed a $34 million fine on Canada Drugs, an online pharmacy charged with selling counterfeit medications to unsuspecting Americans. Some of the drugs contained no active ingredients. Canada Drugs isn’t the only online pharmacy that puts patients’ lives in serious jeopardy. The National ...
Blog
When the Public Option Is the Only Option
Single-payer has failed abroad and at home. Yet the call for single-payer from progressives has never been louder. Vermont senator Bernie Sanders (I-VT) and his dedicated followers have been the loudest. In his campaign for the Democratic presidential nomination in 2016, he promised “Medicare for All.” In September 2017, he ...
Does President Trump Favor Price Controls?
At 2 pm Eastern time today, President Trump spoke at the Department of Health and Human Services where he recommended a litany of policies that would ultimately impose price controls on the pharmaceutical market. Take his proposal to force the prices paid by Medicare for drugs administer in doctors’ offices ...
Drug prices in ads actually hurt consumers
This month, the Trump administration proposed a new rule that would require advertisements for prescription drugs covered by Medicare or Medicaid to include the list price of the medicine. To be sure, a free market is dependent on consumers making informed decisions. But this move would provide patients with incomplete, misleading numbers ...
Wayne Winegarden Talks Drug Pricing Advertising on Newsmax TV
Watch PRI’s Wayne Winegarden discuss the Trump Administration proposal on drug pricing advertising on “America Talks Live” with Dr. Gina Loudon and John Cardillo on Newsmax TV.
Where’s the Outrage?
How can you tell if competition is working in a given market? Generally speaking, prices go down while quality goes up. Productivity increases as more efficient methods are discovered. Shortages are rare to nonexistent. And, most important, consumers win. Government intervention, monopolies, and other market distortions can disrupt the normal ...
Why Health-Care Mergers Aren’t So Scary
Prominent politicos are voicing concerns about the wave of impending mergers in the health-care industry. On August 1, California insurance commissioner Dave Jones urged the Justice Department to block the merger of Aetna and CVS, fretting it “will have anticompetitive effects and … harm consumers.” Days later, the American Medical Association echoed his concerns. ...
Single-Payer Progressives Lie Their Way to Victory
November’s midterm elections are just around the corner. This fall, Democratic congressional candidates are betting the farm — or shall we say the House — on government-run health care. The crop of Democrats eyeing the presidency in 2020, meanwhile, is similarly united behind a government takeover of the U.S. healthcare ...
Sally Pipes in Health Care News Article on Drug Imports
Trump Administration Considers Allowing Some Drug Imports By Christopher Talgo U.S. Health and Human Services (HHS) Secretary Alex Azar has directed the Food and Drug Administration (FDA) to establish a working group to weigh the risks and rewards of drug importation, which is currently banned in the United States. The ...
It’s Generics Not PBMs That Keep Pharmaceuticals Affordable
Expenditures on prescription drugs grew 12.4 percent in 2014 and 8.9 percent in 2015. These eye-popping data are not representative of the long-term expenditure trend, however. Not only did the growth in prescription drugs expenditures slow to 1.3 percent in 2016, longer-term (between 2009 and 2016), the average annual growth ...
Canadian Pharmacy Scandal Reveals The Dangers of Drug Importation
A U.S. district court in Montana just imposed a $34 million fine on Canada Drugs, an online pharmacy charged with selling counterfeit medications to unsuspecting Americans. Some of the drugs contained no active ingredients. Canada Drugs isn’t the only online pharmacy that puts patients’ lives in serious jeopardy. The National ...
When the Public Option Is the Only Option
Single-payer has failed abroad and at home. Yet the call for single-payer from progressives has never been louder. Vermont senator Bernie Sanders (I-VT) and his dedicated followers have been the loudest. In his campaign for the Democratic presidential nomination in 2016, he promised “Medicare for All.” In September 2017, he ...
