Pharmaceuticals | Citizens Against Government Waste

Pharmaceuticals

Sen. Elizabeth Warren Offers More Dangerous Healthcare Ideas

Essentially it is Speaker Nancy Pelosi’s (D-Calif.) socialistic drug discount plan, H.R. 3, on steroids.

January 10, 2020 — Elizabeth Wright 1578681362

Let's Not Import Bad Ideas Like International Price Indexing

How long do you think television companies would stay in business if the government told them to charge $200 for a TV even though the TV costs $250 to manufacture?  Not very long, but that is exactly what the socialists in Congress want to do with prescription drugs.

They want to use “international price indexing” (IPI) or “foreign reference pricing,” to determine the price of a drug used in the U.S. based on the price of the drug in foreign countries that use price controls and socialized medicine.

December 11, 2019 — Elizabeth Wright 1576080427

When Will Politicians Learn, Price Controls Do Not WorK?

A new bill would create an independent federal agency that would determine and regulate the cost of prescription medications.

November 14, 2019 — Elizabeth Wright 1573771216

President Trump's Great Ideas to Improve Medicare and the Contradictions

His effort to enhance Medicare is commendable.

October 4, 2019 — Elizabeth Wright 1570225217

Importing Foreign Drugs Will Not Lower Drug Costs

This morning, the Department of Health and Human Services (HHS) announced a Notice of Proposed Rule Making (NPRM) to review two potential ways to allow “safe” importation of certain drugs originally intended for foreign markets.  No secretary of Health and Human Services or commissioner of the Food and Drug Administration (FDA) under a Republican or Democratic administration has ever confirmed that importing pharmaceuticals would keep Americans safe from da

July 31, 2019 — Elizabeth Wright 1564601270

Is the Prescription Drug Pricing Reduction Act Another Obamacare?

For weeks, there was little information on what would be in the legislation since it was being discussed and written behind closed doors.

July 24, 2019 — Elizabeth Wright 1563994500

Socialist Drug Price Controls Should be Rejected

It has been often said that in Washington, D.C. bad news comes out on a Friday afternoon and today, July 19, 2019, is no exception

July 19, 2019 — Elizabeth Wright 1563555649

Senate Finance Committee Drug Pricing Changes - Market Driven or More Destructive Price Controls?

The healthcare policy community is anxiously waiting to see what kind of pharmaceutical pricing legislation Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) will produce for Medicare and Medicaid drug plans when Congress returns from the Independence Day break.  Will the shallow, but damaging, policy of instituting price controls be utilized or will enhanced competitive private-sector negotiations be allowed to take hold?  Because competition always leads to lower costs and more innovation, Citizens Against Government Waste (CAGW) hopes it is t

July 8, 2019 — Elizabeth Wright 1562608175

House Speaker Pelosi's Bizarre Drug Price Negotiation Plan

Speaker Nancy Pelosi (D-Calif.) is expected to soon release her long-awaited drug pricing proposal.  According to news reports, the plan is expected to require the Department of Health and Human Services (HHS) to directly “negotiate” with pharmaceutical manufacturers for an “acceptable” price for at least 25 drugs that would apply to the entire U.S. market.  If no agreement can be reached, the Government Accountability Office would act as an arbitrator and oversee a dispute resolution.

June 10, 2019 — Elizabeth Wright 1560195270

U.S. Should Not Import Foreign Price Controls on Drugs

On May 20, 2019, Health and Human Services (HHS) Secretary Alex Azar, spoke before the 72nd World Health Assembly, the decision-making body of the World Health Organization (WHO) under the United Nations (UN), in Geneva, Switzerland. This assembly is held annually and attended by delegations from the 150 WHO member states, including the United States.

May 22, 2019 — Elizabeth Wright 1558556499

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