Commentary
Commentary
The real story behind Trump’s GLP-1 price cut: Markets still rule
President Donald Trump just announced deals with drugmakers Eli Lilly and Novo Nordisk that will yield lower prices for GLP-1 weight-loss drugs dispensed through Medicare and Medicaid. Both firms have also agreed to sell the drugs at lower prices on Trump’s yet-to-be-developed online marketplace for prescription drugs, TrumpRx. Lilly and ...
Commentary
Why reforming PBMs is the key to lowering drug costs
If lawmakers want to make pharmaceuticals more affordable, they should look past populist policies like price controls that will only make matters worse and set their sights on reforming the Pharmacy Benefit Manager market. PBMs manage the drug benefits for insurers and negotiate discounts with drug manufacturers. You probably use ...
Business & Economics
San Francisco wants to control what you eat
Food choices? Those are for the government to decide. That’s the message behind a lawsuit filed by San Francisco City Attorney David Chiu against “some of the country’s largest manufacturers of ultra-processed foods.” It is the first government lawsuit in the nation against food companies. Chiu’s office claims “the proliferation ...
Commentary
GAO Provides Yet More Evidence for Why Enhanced Obamacare Subsidies Must Expire
Defrauding the government through Obamacare’s insurance exchanges is shockingly easy, per a new government report. The study found that federal insurance subsidies were granted for 90 percent of the fake exchange accounts set up as part of a Government Accountability Office investigation — at a cost of more than $10,000 ...
Commentary
Despite Dems’ protests, affordable health plans are about to multiply
Obamacare premiums are climbing yet again during open enrollment. But there’s also some good news for cost-conscious shoppers ― a new way to secure affordable coverage without forgoing access to care. This year, many people can buy low-cost “catastrophic” health plans for the very first time. Combine one of these ...
Commentary
How Competition Drives Healthcare Innovation & Affordability
Making healthcare more affordable requires reforms that strengthen competitive markets, as I outlined in a recent Pacific Research Institute1 paper. Unfortunately, as we’re seeing in California and elsewhere, the trend in government is away from competition and toward fewer choices, hurting patients and increasing costs. When applied to other industries, ...
Business & Economics
Government Shutdowns Are a Reminder To Privatize
Federal government shutdowns mean many things to different people. For ordinary Americans, they are a reminder of dysfunction in Washington. For partisans, they are an opportunity to blame the other side. But they can also be an opportunity for Americans to reconsider how and why the federal government does some ...
California
Checking the fine print on Newsom’s “donor state” boast
California brags about its donor state status, that is, it forwards more in tax dollars to Washington than it gets back in federal spending. But that’s changed. According to the Rockefeller Institute of Government, California’s balance of payments with the federal government – the net difference between federal revenue collected ...
California
Los Angeles Tries to ‘Fix’ Rent Control
Los Angeles is one of more than a dozen California cities with rent-control laws, and by no coincidence, is one of the most unaffordable places to live. The City Council recently approved a proposal that gives owners more leeway to raise rents. It’s by no means a bold plan. It ...
Commentary
Trade Policy Is The Right Way To Fight Foreign Freeloading
Last week, the United States and the United Kingdom announced a trade deal that will require Britain’s National Health Service to pay more for novel prescription drugs in exchange for a reprieve of at least three years from tariffs on its pharmaceutical exports. It’s a perfect example of how the ...
The real story behind Trump’s GLP-1 price cut: Markets still rule
President Donald Trump just announced deals with drugmakers Eli Lilly and Novo Nordisk that will yield lower prices for GLP-1 weight-loss drugs dispensed through Medicare and Medicaid. Both firms have also agreed to sell the drugs at lower prices on Trump’s yet-to-be-developed online marketplace for prescription drugs, TrumpRx. Lilly and ...
Why reforming PBMs is the key to lowering drug costs
If lawmakers want to make pharmaceuticals more affordable, they should look past populist policies like price controls that will only make matters worse and set their sights on reforming the Pharmacy Benefit Manager market. PBMs manage the drug benefits for insurers and negotiate discounts with drug manufacturers. You probably use ...
San Francisco wants to control what you eat
Food choices? Those are for the government to decide. That’s the message behind a lawsuit filed by San Francisco City Attorney David Chiu against “some of the country’s largest manufacturers of ultra-processed foods.” It is the first government lawsuit in the nation against food companies. Chiu’s office claims “the proliferation ...
GAO Provides Yet More Evidence for Why Enhanced Obamacare Subsidies Must Expire
Defrauding the government through Obamacare’s insurance exchanges is shockingly easy, per a new government report. The study found that federal insurance subsidies were granted for 90 percent of the fake exchange accounts set up as part of a Government Accountability Office investigation — at a cost of more than $10,000 ...
Despite Dems’ protests, affordable health plans are about to multiply
Obamacare premiums are climbing yet again during open enrollment. But there’s also some good news for cost-conscious shoppers ― a new way to secure affordable coverage without forgoing access to care. This year, many people can buy low-cost “catastrophic” health plans for the very first time. Combine one of these ...
How Competition Drives Healthcare Innovation & Affordability
Making healthcare more affordable requires reforms that strengthen competitive markets, as I outlined in a recent Pacific Research Institute1 paper. Unfortunately, as we’re seeing in California and elsewhere, the trend in government is away from competition and toward fewer choices, hurting patients and increasing costs. When applied to other industries, ...
Government Shutdowns Are a Reminder To Privatize
Federal government shutdowns mean many things to different people. For ordinary Americans, they are a reminder of dysfunction in Washington. For partisans, they are an opportunity to blame the other side. But they can also be an opportunity for Americans to reconsider how and why the federal government does some ...
Checking the fine print on Newsom’s “donor state” boast
California brags about its donor state status, that is, it forwards more in tax dollars to Washington than it gets back in federal spending. But that’s changed. According to the Rockefeller Institute of Government, California’s balance of payments with the federal government – the net difference between federal revenue collected ...
Los Angeles Tries to ‘Fix’ Rent Control
Los Angeles is one of more than a dozen California cities with rent-control laws, and by no coincidence, is one of the most unaffordable places to live. The City Council recently approved a proposal that gives owners more leeway to raise rents. It’s by no means a bold plan. It ...
Trade Policy Is The Right Way To Fight Foreign Freeloading
Last week, the United States and the United Kingdom announced a trade deal that will require Britain’s National Health Service to pay more for novel prescription drugs in exchange for a reprieve of at least three years from tariffs on its pharmaceutical exports. It’s a perfect example of how the ...
