Drug Pricing
Commentary
Trump Already Making Progress on Making Prescription Drugs Affordable
During Tuesday’s State of the Union address, President Trump pledged to drive down drug prices. That’s a worthy goal. And fortunately, the Trump administration is already pursuing it in a way that protects patients and encourages research and development. Many of the strategies that candidate Trump proposed on the campaign ...
Blog
The Importance of the Banal: The Case of the 340B Program
Most news coverage focuses on the grandiose – repeal of the Affordable Care Act (aka Obamacare), or whether the U.S. should implement a single payer health care system. These existential questions matter of course – a lot. Click on the image above to read Wayne Winegarden’s study, “Addressing the Problems ...
Drug Pricing
Report: 340B Drug Program Rife with Abuse, Profiteering
A program designed to help poor people afford prescription drugs is being used by hospitals to generate easy profits, according to a Pacific Research Institute report. A well-intended program designed to help poor people obtain prescription drugs is riddled with abuse and creates a perverse incentive for healthcare providers to ...
Commentary
Myths and Realities of the Health Care Affordability Problem
According to the five-second rule, you can still eat your food that has fallen on the floor, so long as you picked it up within five seconds. Only, this common perception is bad advice. In reality, if a person eats food that has fallen on a dirty floor, he risks ...
Business & Economics
Well-Meaning Drug Discount Program Encourages Hospitals to Profit Rather than Effectively Serve Poor
A new study released today by the Pacific Research Institute finds that a program to give discounted prescription drugs to poor Americans is riddled with abuse, has created a perverse incentive for providers to profit instead of effectively serve the poor, and is hurting overall health care quality. Click here ...
Blog
Why Did the Government Swallow the 340B Fly?
Much like the old lady who swallowed a fly, the federal government has swallowed a fly over a well-meaning program designed to help the poor afford prescription drugs called 340B. Instead of ensuring the poor have low-cost drugs, 340B has created an incentive for hospitals to profit. Click here to ...
Commentary
Congress Must Reform The Broken 340B Program
The Trump administration recently announced a $1.6 billion cut to the badly abused “340B” program, which forces pharmaceutical companies to sell medicines to hospitals that treat significant numbers of poor patients at steep discounts. A bipartisan group of senators — including supposed fiscal hawks like Sens. John Thune, R-S.D., and ...
Commentary
Keep Big Government Out of Medicare Drug Pricing Negotiations
Tomorrow, the Senate Health, Education, Labor & Pensions Committee (HELP) will discuss a proposed alteration to Medicare. The proposal comes from a report released in late November by the National Academies of Sciences, Engineering, and Medicine. NASEM urges Congress to allow federal bureaucrats to negotiate Medicare drug prices directly with pharmaceutical companies. Currently, private insurance ...
Blog
There’s Plenty To Like About Trump’s HHS Pick, Alex Azar
President Trump’s nomination of Alex Azar for secretary of Health and Human Services is encouraging news for free-market health reformers. Azar possesses precisely the combination of legal acumen, bureaucratic savvy, management experience dealing with a large workforce, and private-sector experience required to eliminate those parts of Obamacare that can be accomplished through ...
Blog
PRI-Manhattan Institute Forum Addresses California’s Drug Pricing Challenge
Earlier this week, PRI joined with the Manhattan Institute to host a well-attended Sacramento panel discussion on California’s drug pricing challenge. Many thanks to my friend and former longtime Capitol reporter Marcey Brightwell, who did an outstanding job moderating the event. Drug pricing emerged as one of the hottest issues ...
Trump Already Making Progress on Making Prescription Drugs Affordable
During Tuesday’s State of the Union address, President Trump pledged to drive down drug prices. That’s a worthy goal. And fortunately, the Trump administration is already pursuing it in a way that protects patients and encourages research and development. Many of the strategies that candidate Trump proposed on the campaign ...
The Importance of the Banal: The Case of the 340B Program
Most news coverage focuses on the grandiose – repeal of the Affordable Care Act (aka Obamacare), or whether the U.S. should implement a single payer health care system. These existential questions matter of course – a lot. Click on the image above to read Wayne Winegarden’s study, “Addressing the Problems ...
Report: 340B Drug Program Rife with Abuse, Profiteering
A program designed to help poor people afford prescription drugs is being used by hospitals to generate easy profits, according to a Pacific Research Institute report. A well-intended program designed to help poor people obtain prescription drugs is riddled with abuse and creates a perverse incentive for healthcare providers to ...
Myths and Realities of the Health Care Affordability Problem
According to the five-second rule, you can still eat your food that has fallen on the floor, so long as you picked it up within five seconds. Only, this common perception is bad advice. In reality, if a person eats food that has fallen on a dirty floor, he risks ...
Well-Meaning Drug Discount Program Encourages Hospitals to Profit Rather than Effectively Serve Poor
A new study released today by the Pacific Research Institute finds that a program to give discounted prescription drugs to poor Americans is riddled with abuse, has created a perverse incentive for providers to profit instead of effectively serve the poor, and is hurting overall health care quality. Click here ...
Why Did the Government Swallow the 340B Fly?
Much like the old lady who swallowed a fly, the federal government has swallowed a fly over a well-meaning program designed to help the poor afford prescription drugs called 340B. Instead of ensuring the poor have low-cost drugs, 340B has created an incentive for hospitals to profit. Click here to ...
Congress Must Reform The Broken 340B Program
The Trump administration recently announced a $1.6 billion cut to the badly abused “340B” program, which forces pharmaceutical companies to sell medicines to hospitals that treat significant numbers of poor patients at steep discounts. A bipartisan group of senators — including supposed fiscal hawks like Sens. John Thune, R-S.D., and ...
Keep Big Government Out of Medicare Drug Pricing Negotiations
Tomorrow, the Senate Health, Education, Labor & Pensions Committee (HELP) will discuss a proposed alteration to Medicare. The proposal comes from a report released in late November by the National Academies of Sciences, Engineering, and Medicine. NASEM urges Congress to allow federal bureaucrats to negotiate Medicare drug prices directly with pharmaceutical companies. Currently, private insurance ...
There’s Plenty To Like About Trump’s HHS Pick, Alex Azar
President Trump’s nomination of Alex Azar for secretary of Health and Human Services is encouraging news for free-market health reformers. Azar possesses precisely the combination of legal acumen, bureaucratic savvy, management experience dealing with a large workforce, and private-sector experience required to eliminate those parts of Obamacare that can be accomplished through ...
PRI-Manhattan Institute Forum Addresses California’s Drug Pricing Challenge
Earlier this week, PRI joined with the Manhattan Institute to host a well-attended Sacramento panel discussion on California’s drug pricing challenge. Many thanks to my friend and former longtime Capitol reporter Marcey Brightwell, who did an outstanding job moderating the event. Drug pricing emerged as one of the hottest issues ...
