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CASE Statement Opposing President’s Order Embracing Pricing Index & Foreign Importation of Medications

CASE Statement Opposing President’s Order Embracing Pricing Index & Foreign Importation of Medications

CASE Statement Opposing President’s Order Embracing Pricing Index & Foreign Importation of Medications

July 24, 2020 Healthcare

 

Gerard Scimeca – Chairman, CASE
July 24, 2020

As a strong voice for American patients and consumers, CASE urges the Trump Administration to reconsider today’s executive order inserting an international pricing index into the United States health care system. While CASE supports efforts to make medicines and other treatments more affordable for patients, inserting government price controls tied to socialist systems abroad is a backwards approach. We cannot afford another attempt at price controls that will hurt patients and crush innovation when we need it most.

We also oppose the executive order allowing the importation of prescription drugs from other countries. This policy will expose American patients to health risks: these drugs have not been tested, and there is no system in place to ensure these drugs are safe, or even real.

We praise the move to hold middlemen in the healthcare system accountable. By requiring Pharmacy Benefit Managers to pass along savings to seniors at the accounts, we will add more transparency and free-market principles into the healthcare system.

Tags: Council of Economic AdvisorsinnovationIPIPrescription Drugssocialism
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.@POTUS’ IRA is driving up Part D premiums for millions of Medicare beneficiaries, yet Dems like @SenSanders continue to help tout this disastrous legislation. The Biden-Harris @WhiteHouse is misleading the public on their policy’s real impact.

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CASE Letter Urges FDA & FTC to Scrutinize Deal Between L’Oréal and Galderma -- "Both companies are currently under investigation or facing sizable lawsuits from claims that they have used harmful chemicals in their products."
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Two weeks from election day, the supposedly independent @FCC is proposing price regulation of #broadband by restricting what data plans companies can offer.

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