Health Care Innovation
Drug Pricing
NEW STUDY shows that Reforming Supply Chain & Drug Pricing System Will Lower Health Care Costs
As Washington pushes for price caps and government controls to address prescription drug prices, a new issue brief released today by the Center for Medical Economics and Innovation at the Pacific Research Institute argues that reforming the complex drug supply chain and ending the current drug pricing system that overcharges ...
Commentary
America’s Critical Medical Device Industry Gets A Needed Tax Cut
Medical devices may not be as glamorous as blockbuster drugs, but they include some of the genuine miracles of modern medicine: pacemakers, artificial joints, replacement heart valves, scanners, and cancer radiation-therapy machines. The U.S. has been the global leader in medical devices, one of the few major industries that both ...
Commentary
Court ruling leaves problem-plagued ObamaCare’s future unknown – More pragmatic plan needed
ObamaCare’s much-hated requirement that every American carry health insurance or pay a penalty was ruled unconstitutional Wednesday in a 2-1 decision by the 5th U.S. Circuit Court of Appeals. That’s the right decision on a badly flawed law – but it won’t change anything for months or more likely years ...
Commentary
The Deep State Will Challenge the New FDA Head
Now that the Trump Administration’s new FDA commissioner, Dr. Stephen Hahn, has been confirmed, he’ll find he has one of the most difficult and important jobs in government. The FDA’s purview is wide, regulating pharmaceutical and other medical, food, and vaping products that account for more than 25 cents of ...
Commentary
To Help Patients, Reform The Drug Pricing System Don’t Impose Price Controls
Yesterday the House passed the ill-considered “Pelosi bill” that would impose draconian price controls on drugs. Ignoring the bill’s many adverse impacts, price control advocates like Speaker Pelosi appear to believe that these command and control schemes can solve the systemic health care affordability problem. But, as the latest government data illustrates, ...
Commentary
USMCA Will Help American Patients
President Trump has often said that he wants to lower drug prices, in part by ending foreign “freeloading.” That’s a laudable goal. Through price controls and other ham-handed policies, too many nations undervalue medical innovation. This leaves Americans with the majority of the world’s research burden. Unfortunately, in an attempt ...
Commentary
Trump drug pricing proposal would doom future cures
President Trump wants to make a deal on drug prices. But his latest proposal could grind medical innovation to a halt. Health and Human Services Secretary Alex Azar said last week that the president was looking for “most favored nation status,” whereby the United States got “the best deal among ...
Drug Pricing
Wayne Winegarden Discusses Drug Price controls on Jim Bohannon Show
Wayne Winegarden, Director for PRI’s Center for Medical Economics and Innovation, discusses the many problems with drug price controls on the nationally syndicated Jim Bohannon Show.
Commentary
There Are High Costs From Implementing Drug Price Controls
Once wide coercive powers are given to government agencies…such powers cannot be effectively controlled. F.A. Hayek As part of the chorus calling for drug price controls, the New York Times editorial page has claimed that “Americans will need to accept a trade-off that other advanced nations long since come around to: Slightly ...
Agriculture
Tales of Woe: How Dysfunctional Regulation Has Decimated Entire Sectors of Biotechnology
“To observe government is to observe the absence of accountability,” James Freeman wrote in the Wall Street Journal.1 That’s certainly true of unwise regulation of many innovative technologies; and modern biotechnology, also known as “genetic engineering (GE)” or “genetic modification (GM),” perhaps along with civilian applications of nuclear power, could be ...
NEW STUDY shows that Reforming Supply Chain & Drug Pricing System Will Lower Health Care Costs
As Washington pushes for price caps and government controls to address prescription drug prices, a new issue brief released today by the Center for Medical Economics and Innovation at the Pacific Research Institute argues that reforming the complex drug supply chain and ending the current drug pricing system that overcharges ...
America’s Critical Medical Device Industry Gets A Needed Tax Cut
Medical devices may not be as glamorous as blockbuster drugs, but they include some of the genuine miracles of modern medicine: pacemakers, artificial joints, replacement heart valves, scanners, and cancer radiation-therapy machines. The U.S. has been the global leader in medical devices, one of the few major industries that both ...
Court ruling leaves problem-plagued ObamaCare’s future unknown – More pragmatic plan needed
ObamaCare’s much-hated requirement that every American carry health insurance or pay a penalty was ruled unconstitutional Wednesday in a 2-1 decision by the 5th U.S. Circuit Court of Appeals. That’s the right decision on a badly flawed law – but it won’t change anything for months or more likely years ...
The Deep State Will Challenge the New FDA Head
Now that the Trump Administration’s new FDA commissioner, Dr. Stephen Hahn, has been confirmed, he’ll find he has one of the most difficult and important jobs in government. The FDA’s purview is wide, regulating pharmaceutical and other medical, food, and vaping products that account for more than 25 cents of ...
To Help Patients, Reform The Drug Pricing System Don’t Impose Price Controls
Yesterday the House passed the ill-considered “Pelosi bill” that would impose draconian price controls on drugs. Ignoring the bill’s many adverse impacts, price control advocates like Speaker Pelosi appear to believe that these command and control schemes can solve the systemic health care affordability problem. But, as the latest government data illustrates, ...
USMCA Will Help American Patients
President Trump has often said that he wants to lower drug prices, in part by ending foreign “freeloading.” That’s a laudable goal. Through price controls and other ham-handed policies, too many nations undervalue medical innovation. This leaves Americans with the majority of the world’s research burden. Unfortunately, in an attempt ...
Trump drug pricing proposal would doom future cures
President Trump wants to make a deal on drug prices. But his latest proposal could grind medical innovation to a halt. Health and Human Services Secretary Alex Azar said last week that the president was looking for “most favored nation status,” whereby the United States got “the best deal among ...
Wayne Winegarden Discusses Drug Price controls on Jim Bohannon Show
Wayne Winegarden, Director for PRI’s Center for Medical Economics and Innovation, discusses the many problems with drug price controls on the nationally syndicated Jim Bohannon Show.
There Are High Costs From Implementing Drug Price Controls
Once wide coercive powers are given to government agencies…such powers cannot be effectively controlled. F.A. Hayek As part of the chorus calling for drug price controls, the New York Times editorial page has claimed that “Americans will need to accept a trade-off that other advanced nations long since come around to: Slightly ...
Tales of Woe: How Dysfunctional Regulation Has Decimated Entire Sectors of Biotechnology
“To observe government is to observe the absence of accountability,” James Freeman wrote in the Wall Street Journal.1 That’s certainly true of unwise regulation of many innovative technologies; and modern biotechnology, also known as “genetic engineering (GE)” or “genetic modification (GM),” perhaps along with civilian applications of nuclear power, could be ...
