ISSUE BRIEF: Biopharma Drug Makers Are Not the Most Profitable Players in Health Care
A new issue brief released by the Center for Medical Economics and Innovation at the nonpartisan Pacific Research Institute finds that innovative drug manufacturers earn some of the lowest risk-adjusted returns in the U.S. health care system, despite making the ...
Watch PRI’s interview with Rick Caruso – one year after the wildfires
In this special Free Cities Center interview, Rick Caruso – founder and executive chairman of Caruso, longtime civic and philanthropic leader in Los Angeles and former mayor candidate – discusses LA’s rebuilding efforts one year after the wildfires. He shares ...
An anti-science FDA is a threat to our health and prosperity
The U.S. Food and Drug Administration supposedly “implements gold standard science.” Yet the agency appears to relish obstructing scientific progress. Earlier this month, Vinay Prasad, the director of FDA’s vaccine division, rejected Moderna’s application for a new mRNA flu vaccine ...
Medicare’s ‘efficiency’ cut will reduce access, not costs
Many physicians received another pay cut this year, courtesy of Medicare. Under the program’s new physician fee schedule, Medicare reimbursement for the vast majority of physician-provided services will effectively decline by 2.5%. Medicare officials justify the change as an “efficiency ...
Who will win the battle between robots and public-employee unions?
Who will win the battle between robots and public-employee unions? By Rafael Perez | February 20, 2026 For decades, artificial intelligence has been heralded for its potential to revolutionize the labor market and the creation of goods and services. Recent ...
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How a Private Scholarship Fund Makes a Difference for Kids at a California Catholic School
Based in Oakland, The BASIC Fund is California’s largest non-denominational PreK-8 organization that gives needs-based scholarships to low-income children on a first-come, first-served basis to ...
Arizona Republicans should stop trying to ban mRNA vaccines
Despite Democratic Governor Hobbs’ past efforts to expand Arizonans’ access to cutting-edge medicines, the state Legislature continues to propose harmful anti-mRNA bills. The latest example ...
Cancer Breakthroughs Threatened by D.C.’s Price Controls
Cancer survival rates are on the rise, according to the American Cancer Society’s latest annual report. Seven in 10 patients now live five years or ...
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The Pacific Research Institute for Public Policy promotes the principles of individual freedom and personal responsibility. The Institute believes these principles are best encouraged through policies that emphasize a free economy, private initiative, and limited government.
Worthy policy goals with such broad impact are not easily attained, and they require sustained effort and struggle. Together with its alliance of dedicated supporters, PRI is committed to leading the way toward a more free and prosperous future for all.
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In the rush to hold insurers to account, don’t forget about hospitals