Pro-pharma Democrats kill bill to lower drug costs — advocates ask: “What did they get for that?”
3 years, 1 month ago

Pro-pharma Democrats kill bill to lower drug costs — advocates ask: “What did they get for that?”

Salon  

It was the "ugliest night" the late Rep. Walter Jones, a North Carolina Republican, said he had witnessed in two decades in politics. "If we don't, it's only because 's really trying to kill everything and try to convince their lackeys, as they call them in Congress, not to do anything," House Energy and Commerce Chairman Frank Pallone, D-N.J., who Nearly all the lawmakers opposed to the legislation are from areas with a large pharmaceutical presence and have received eye-popping contributions from the industry. RELATED: Moderate Democrats are about to sell out Americans to drug companies Without negotiation, taxpayers and employers would continue to be at the "mercy of the monopoly pricing power," Welch said, citing the example of the recently approved Alzheimer's drug Adulhelm. "You have an industry that gets taxpayer support for research, gets governmental protection — giving it monopoly pricing power — and the government sets up the market," Welch said. Welch, a leading proponent of Medicare negotiation, said it was "political malpractice" to keep the Medicare non-negotiation rule on the books to appease a handful of Democrats backed by Big Pharma's money.

History of this topic

Democrats can still pull off a victory before year's end: Lowering drug costs once more
1 month ago
Biden deal to lower prescription drug prices will save taxpayers $6bn next year, Democrats say
4 months, 1 week ago
Medicare Price Negotiations Have Led To Agreements On 10 Drugs
4 months, 1 week ago
Medicare negotiated drug prices for the first time. Here’s what it got
4 months, 1 week ago
White House says prescription drug deals will produce billions in savings for taxpayers, seniors
4 months, 1 week ago
Column: Big drug makers are whining about having to negotiate with Medicare, but they can’t afford not to
1 year, 2 months ago
Biden says that all 10 drugs targeted for the first Medicare price negotiations will participate
1 year, 2 months ago
Biden’s Medicare price negotiation push is broadly popular. But he’s not getting much credit
1 year, 3 months ago
The Biden administration unveils the first 10 medications up for price negotiation
1 year, 3 months ago
10 drugs targeted for Medicare price negotiations as Biden pitches cost reductions
1 year, 3 months ago
Biden targets 10 drugs for Medicare price negotiations
1 year, 3 months ago
Opinion: Here’s Big Pharma’s playbook to bankrupt Americans who can’t afford medications
1 year, 4 months ago
Drugmaker lobbying group sues over plan to negotiate Medicare drug prices
1 year, 6 months ago
Biden says he’s focused ‘intensely’ on lowering drug costs
1 year, 9 months ago
Rep. Scott Peters’ Pharma Ties Complicate Bid To Lead Moderate Democrats
2 years ago
Biden pushing lower prescription drug costs in midterm press
2 years, 2 months ago
Prescription Drugs Are Going To Get Cheaper Because Dems Played The (Very) Long Game
2 years, 4 months ago
What’s in Democrats’ big bill? Climate, health care, savings
2 years, 4 months ago
Real Medicare drug savings in Dems’ bill — but not overnight
3 years, 1 month ago
Column: Letting Medicare negotiate drug prices won’t help as much as you think
3 years, 1 month ago
Democrats' deal on prescription drugs would lower costs for seniors
3 years, 1 month ago
Letters to the Editor: Negotiating fair Medicare drug prices is free-market capitalism, not socialism
3 years, 3 months ago
Column: Drugmakers see disaster in Medicare negotiating prices. Don’t listen to them
3 years, 3 months ago
To curb drug prices, Democrats still seeking a balance
3 years, 6 months ago
Democrats must find narrow path to curb high medicine prices
3 years, 7 months ago
Trump plan to curb drug costs dealt setback in court
4 years ago
As Trump touts his "great" COVID drugs, the Big Pharma cash flows to Biden
4 years, 2 months ago

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