Drug Pricing
Business & Economics
Who’s Afraid of Anti-Inversion Rules?
Swift and merciless. That was the apparent effect the U.S. Treasury’s April 4 regulatory package had on what was poised to be the largest inversion in history. But several pending inversions have emerged relatively unscathed, and experts are predicting continued corporate exodus, raising questions about what exactly Treasury has accomplished. ...
Amanda Athanasiou
May 16, 2016
Commentary
Trump and Obama promise to be terrible negotiators
President Barack Obama and presidential hopeful Donald Trump don’t agree on much. But they’ve found common ground in pushing to upend the Medicare drug benefit. At a rally days before his resounding victory in New Hampshire, Trump grumbled about government drug spending — and called for Medicare to take over ...
Sally C. Pipes
February 24, 2016
Commentary
Hillary’s Price Controls Would Kill New Drug Innovation
Like your iPhone? Federal officials designed it. Couldn’t live without the Internet? Thank Uncle Sam — he invented it. Sick and need new medicine? Don’t worry — the government is here to help. This fantastical line of thinking — that because the government funded basic, early-stage research, it can claim ...
Sally C. Pipes
January 21, 2016
Commentary
To control drug prices, pursue fraud, not manufacturers
A Los Angeles-based nonprofit has gathered enough signatures to get two initiatives on the November ballot. The one of greater interest to ordinary Californians would legislate that any prescription drug paid for with state money cost no more than the amount paid by the Veterans Administration. The California Drug Price ...
John R. Graham
December 21, 2015
Commentary
Clinton would drive up health care costs
Five years and nine months after its passage, the federal government has issued more than 10,000 pages of regulations related to the implementation of Obamacare. Get ready for several thousand more pages if Hillary Clinton takes the White House. She’s proposing a raft of new government mandates to “protect the ...
Sally C. Pipes
December 7, 2015
Commentary
The Senate should reject foreign drug importation
Congress must send a budget to President Obama by next Friday. Senate lawmakers, hoping to avoid a government shutdown, have just started sparring over the details of their reconciliation measure. Sen. John McCain (R-Ariz.) has introduced an amendment to legalize the importation of certain prescription drugs from abroad. On the ...
Sally C. Pipes
December 7, 2015
Commentary
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
Wayne Winegarden
December 7, 2015
Commentary
Uncle Sam Can’t haggle better than private insurers
The White House is declaring war on prescription drug prices. “The administration is deeply concerned with the rapidly growing prices of specialty and brand name drugs,” notes President Obama’s 2016 budget proposal. To keep prices down, the president wants the government to negotiate prices for drugs dispensed through Medicare. But ...
Sally C. Pipes
November 19, 2015
Commentary
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Wayne Winegarden
October 27, 2015
Commentary
Bernie Sanders’ ‘Medicare For All’ Would Be A Disaster For All
This month, Bernie Sanders took his vision for the future of American health care to a national television audience in the first Democratic presidential debate. “We should look to countries like Denmark, like Sweden and Norway and learn from what they have accomplished,” Sanders said. He wants the United States ...
Sally C. Pipes
October 19, 2015
Who’s Afraid of Anti-Inversion Rules?
Swift and merciless. That was the apparent effect the U.S. Treasury’s April 4 regulatory package had on what was poised to be the largest inversion in history. But several pending inversions have emerged relatively unscathed, and experts are predicting continued corporate exodus, raising questions about what exactly Treasury has accomplished. ...
Trump and Obama promise to be terrible negotiators
President Barack Obama and presidential hopeful Donald Trump don’t agree on much. But they’ve found common ground in pushing to upend the Medicare drug benefit. At a rally days before his resounding victory in New Hampshire, Trump grumbled about government drug spending — and called for Medicare to take over ...
Hillary’s Price Controls Would Kill New Drug Innovation
Like your iPhone? Federal officials designed it. Couldn’t live without the Internet? Thank Uncle Sam — he invented it. Sick and need new medicine? Don’t worry — the government is here to help. This fantastical line of thinking — that because the government funded basic, early-stage research, it can claim ...
To control drug prices, pursue fraud, not manufacturers
A Los Angeles-based nonprofit has gathered enough signatures to get two initiatives on the November ballot. The one of greater interest to ordinary Californians would legislate that any prescription drug paid for with state money cost no more than the amount paid by the Veterans Administration. The California Drug Price ...
Clinton would drive up health care costs
Five years and nine months after its passage, the federal government has issued more than 10,000 pages of regulations related to the implementation of Obamacare. Get ready for several thousand more pages if Hillary Clinton takes the White House. She’s proposing a raft of new government mandates to “protect the ...
The Senate should reject foreign drug importation
Congress must send a budget to President Obama by next Friday. Senate lawmakers, hoping to avoid a government shutdown, have just started sparring over the details of their reconciliation measure. Sen. John McCain (R-Ariz.) has introduced an amendment to legalize the importation of certain prescription drugs from abroad. On the ...
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
Uncle Sam Can’t haggle better than private insurers
The White House is declaring war on prescription drug prices. “The administration is deeply concerned with the rapidly growing prices of specialty and brand name drugs,” notes President Obama’s 2016 budget proposal. To keep prices down, the president wants the government to negotiate prices for drugs dispensed through Medicare. But ...
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Bernie Sanders’ ‘Medicare For All’ Would Be A Disaster For All
This month, Bernie Sanders took his vision for the future of American health care to a national television audience in the first Democratic presidential debate. “We should look to countries like Denmark, like Sweden and Norway and learn from what they have accomplished,” Sanders said. He wants the United States ...