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Drug Innovation – Page 9 – Pacific Research Institute

Drug Innovation

Business & Economics

Reforming the 340B Program Will Lower the Price of Prescription Drugs

The U.S. health care system needs systemic reforms that comprehensively address the problems of declining quality and rising costs. Alas, beneficial systemic reforms will not be implemented any time soon. There are still opportunities for Congress to implement tailored reforms that can help address these problems in the near term. ...
Blog

A Scientific Basis for the EPA on the Clean Power Plan

EPA Administrator Scott Pruitt will make official on Tuesday what we knew all along – the Administration is officially withdrawing the controversial Clean Power Plan rule on power plant emissions. California Attorney General Xavier Becerra has railed against the repeal of the Clean Power Plan (CPP) claiming that the EPA’s ...
Blog

To Grow America’s Economy, We Need Tax Reform and Spending Reform

Washington D.C. has turned its sights on tax reform. Critics, almost reflexively, oppose the effort based on claims that tax reform will increase the deficit. A little perspective is in order, consequently. The chart below presents data on total federal, state, and local government revenues and spending relative to the ...
Business & Economics

Let Health Insurance Be Insurance

One of the many flaws with our current health care system is that, too often, health insurance coverage fails people precisely when they need it the most. It’s as if your car insurance has been paying the cost for your oil changes for years, but won’t pay the costs to ...
Business & Economics

Lewis Carroll and the Pricing of Pharmaceuticals

Imagine a pharmaceutical market designed by Lewis Carroll’s Mad Hatter. In contrast to almost every other market, he might begin by charging wholesale prices that are higher than retail prices. He would then make sure that the higher wholesale price goes, the lower retail prices can become. And finally, he ...
Commentary

Just Say No to Pay-fors

The Children’s Health Insurance Program (CHIP) was established in 1997—a program that gives states federal matching funds to provide health insurance to children from families that are too wealthy to qualify for Medicaid, but too poor to afford private insurance. However, current federal funding for CHIP expires on September 30th. ...
Business & Economics

Enriching Lawyers Is Not the Solution to the Opioid Crisis

Effective health care reforms must reduce the excessive costs imposed by frivolous lawsuits. Studies have shown that medical tort reform could reduce total health care premiums between 1 and 3 percent. As estimated by the American Action Forum, this could mean “roughly $15 billion” in savings from effective (but partial) ...
California

Reforms Should Improve the Efficiency of the Pharmaceutical Market

The refrain that pharmaceuticals are driving the health care affordability problem has been repeated so often that it is becoming an illusory truth – people believe it to be true simply because they have heard it repeated so often. Obviously, repeating the same incorrect statement over and over again does ...
Drug Innovation

ISSUE BRIEF: Nevada Proposal To Regulate Excess Costs Are Price Controls By Another Name

Click here to download a copy of PRI’s Issue Brief Senate Bill 265 would require pharmaceutical firms to reimburse insurers for any “excess costs” associated with drugs for diabetes, which are defined as the excess costs over the highest price in other developed countries. The Fiscal Notes on SB 265 ...
Commentary

Oregon’s Drug Price Bill Is Hard To Swallow

President Donald Trump is not the only politician saying he is going to work to get drug prices down. Oregon lawmakers are already patting themselves on the back for tackling drug prices. Rep. Mitch Greenlick (D-Portland) says the measure, Oregon House Bill 2387, could be a model for national reform. ...
Business & Economics

Reforming the 340B Program Will Lower the Price of Prescription Drugs

The U.S. health care system needs systemic reforms that comprehensively address the problems of declining quality and rising costs. Alas, beneficial systemic reforms will not be implemented any time soon. There are still opportunities for Congress to implement tailored reforms that can help address these problems in the near term. ...
Blog

A Scientific Basis for the EPA on the Clean Power Plan

EPA Administrator Scott Pruitt will make official on Tuesday what we knew all along – the Administration is officially withdrawing the controversial Clean Power Plan rule on power plant emissions. California Attorney General Xavier Becerra has railed against the repeal of the Clean Power Plan (CPP) claiming that the EPA’s ...
Blog

To Grow America’s Economy, We Need Tax Reform and Spending Reform

Washington D.C. has turned its sights on tax reform. Critics, almost reflexively, oppose the effort based on claims that tax reform will increase the deficit. A little perspective is in order, consequently. The chart below presents data on total federal, state, and local government revenues and spending relative to the ...
Business & Economics

Let Health Insurance Be Insurance

One of the many flaws with our current health care system is that, too often, health insurance coverage fails people precisely when they need it the most. It’s as if your car insurance has been paying the cost for your oil changes for years, but won’t pay the costs to ...
Business & Economics

Lewis Carroll and the Pricing of Pharmaceuticals

Imagine a pharmaceutical market designed by Lewis Carroll’s Mad Hatter. In contrast to almost every other market, he might begin by charging wholesale prices that are higher than retail prices. He would then make sure that the higher wholesale price goes, the lower retail prices can become. And finally, he ...
Commentary

Just Say No to Pay-fors

The Children’s Health Insurance Program (CHIP) was established in 1997—a program that gives states federal matching funds to provide health insurance to children from families that are too wealthy to qualify for Medicaid, but too poor to afford private insurance. However, current federal funding for CHIP expires on September 30th. ...
Business & Economics

Enriching Lawyers Is Not the Solution to the Opioid Crisis

Effective health care reforms must reduce the excessive costs imposed by frivolous lawsuits. Studies have shown that medical tort reform could reduce total health care premiums between 1 and 3 percent. As estimated by the American Action Forum, this could mean “roughly $15 billion” in savings from effective (but partial) ...
California

Reforms Should Improve the Efficiency of the Pharmaceutical Market

The refrain that pharmaceuticals are driving the health care affordability problem has been repeated so often that it is becoming an illusory truth – people believe it to be true simply because they have heard it repeated so often. Obviously, repeating the same incorrect statement over and over again does ...
Drug Innovation

ISSUE BRIEF: Nevada Proposal To Regulate Excess Costs Are Price Controls By Another Name

Click here to download a copy of PRI’s Issue Brief Senate Bill 265 would require pharmaceutical firms to reimburse insurers for any “excess costs” associated with drugs for diabetes, which are defined as the excess costs over the highest price in other developed countries. The Fiscal Notes on SB 265 ...
Commentary

Oregon’s Drug Price Bill Is Hard To Swallow

President Donald Trump is not the only politician saying he is going to work to get drug prices down. Oregon lawmakers are already patting themselves on the back for tackling drug prices. Rep. Mitch Greenlick (D-Portland) says the measure, Oregon House Bill 2387, could be a model for national reform. ...
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