Please ensure Javascript is enabled for purposes of website accessibility
Liberals Dare Trump to Back Their Bills Lowering Drug Prices
gvw_ap_news
By Associated Press
Published 5 years ago on
January 10, 2019

Share

WASHINGTON — Challenging President Donald Trump to make good on his pledge to cut prescription drug prices, congressional liberals proposed legislation Thursday to bring U.S. prices in line with the much lower costs in other countries.
The Democratic bills stand little chance of becoming law in a divided government. But the effort could put Republicans on the defensive by echoing Trump’s pledge to force drugmakers to cut prices.

The pharmaceutical industry said the Democratic bills would “wreak havoc on the U.S. health care system.”
Democrats and Trump agree that people in the United States shouldn’t have to pay more for their medications than do those in other economically advanced countries.
The Trump administration has put forward its own plan for reducing drug prices, but industry analysts have seen little impact so far. The pharmaceutical industry said the Democratic bills would “wreak havoc on the U.S. health care system.”

What the Bills Would Do

The new legislation was offered by Sen. Bernie Sanders, I-Vt., Rep. Elijah Cummings, D-Md., and others. Cummings leads the House Oversight and Government Reform Committee, which is expected to take a major role on drug pricing.
The lawmakers want to:
— Open up generic competition to patent-protected U.S. brand-name drugs that are deemed “excessively priced.”
— Allow Medicare to directly negotiate with drugmakers.
— Let consumers import lower-priced medications from Canada.
There was no immediate response from the administration.
“Today I say to President Trump, if you are serious about lowering the cost of prescription drugs in this country, support our legislation and get your Republican colleagues on board,” Sanders said at a Capitol Hill press conference.
“No more talk. No more tweets,” said Cummings. “The American people want action.”
Holly Campbell, a spokeswoman for the Pharmaceutical Research and Manufacturers of America, said Sanders’ plan would harm U.S. patients. The industry argues that government price regulation could limit access to some medicines, undermine financial incentives for research, and compromise safety standards. Sanders says drugmakers are primarily interested in protecting profits.
As a presidential candidate, Trump initially called for Medicare to negotiate drug prices and favored allowing people to legally import lower-priced medications from abroad.
But Medicare negotiation is a political nonstarter for most Republicans, who favor a free-market approach to the U.S. pharmaceutical industry and prize its capacity for innovation.

“No more talk. No more tweets. The American people want action.” — Rep. Elijah Cummings

President Trump’s Plan

As president, Trump has come out with a plan to lower drug costs that relies on dozens of regulatory actions. The goal is to eliminate incentives for drugmakers, pharmacy benefit managers and insurers to stifle competition at the expense of consumers. Independent experts say the administration proposals would have an impact, but not limit the ability of drug companies to set high prices.
Time and again, Trump has complained that other countries where governments set drug prices are taking advantage of Americans. Indeed, one of his ideas would shift Medicare payments for drugs administered in doctors’ offices to a level based on international prices.
“We are taking aim at the global freeloading that forces American consumers to subsidize lower prices in foreign countries through higher prices in our country,” the president said when he made that proposal shortly before last year’s congressional elections.

High-Priced Drugs Would Face Generic Competition

The Democratic bills would go far beyond Trump’s approach.
The newest idea would essentially apply to any U.S. patent-protected brand-name drug, whether or not government programs are bearing the cost. By comparison, Trump’s international pricing proposal would not apply to retail pharmacy drugs purchased by Medicare beneficiaries or to medications for privately insured people. It’s the result of a joint effort between Sanders and Rep. Ro Khanna, D-Calif.
Drugs found to be “excessively priced” by the government could face generic competition. A medication’s cost would be deemed “excessive” if its price in the U.S. was higher than the median, or midpoint, price in Canada, the United Kingdom, Germany, France, and Japan.
If the manufacturer was unwilling to cut its U.S. price, then the government could allow generic companies to make a more affordable version of the medication. Generic drugmakers would have to pay “reasonable” royalties to the company holding the patent.

DON'T MISS

This Is Why Banana Ball Drew 31,000 for the Series in Fresno

DON'T MISS

Harper Homers, Wheeler Strikes out 11 as Phillies Complete Sweep of Reeling Giants

DON'T MISS

Liberal Icon Bernie Sanders Is Running for Senate Reelection, Squelching Retirement Rumors

DON'T MISS

Thief Uses Sleight of Hand to Swipe $255K Tiffany Ring, Cops Say

DON'T MISS

California Reports the First Increase in Groundwater Supplies in 4 Years

DON'T MISS

Fresno Charter School Wants to Increase Enrollment. But Are Its Students Lagging Their Peers?

DON'T MISS

Lawsuit Alleges Decades of Child Sex Abuse at Illinois Juvenile Detention Centers Statewide

DON'T MISS

Texas Soldier Arrested in Russia on Theft Charges After Unexpected Detour

DON'T MISS

Fresno Detectives Arrest Motorcycle Club Leader on Arson, Gun Charges

DON'T MISS

Pulitzer Prizes in Journalism Awarded to The New York Times, The Washington Post, AP and Others

UP NEXT

Pulitzer Prizes in Journalism Awarded to The New York Times, The Washington Post, AP and Others

UP NEXT

A Subset of Alzheimer’s May Be Caused by Two Copies of a Single Gene: New Research

UP NEXT

Liar, Liar: Potential Trump VP Pick Noem’s Claims Are on Fire

UP NEXT

Merced’s Treacherous ‘Tunnel Lane’ Removed from Northbound Highway 99

UP NEXT

US Airstrike Targeting Al-Qaida Leader in Syria Killed a Farmer, American Military Says

UP NEXT

Another State Department Official Resigns Over Biden’s Gaza Policy

UP NEXT

Senators Want Limits on Government’s Use of Facial Recognition Technology for Airport Screening

UP NEXT

Biden Says ‘Order Must Prevail’ on Campuses, but He Won’t Send National Guard

UP NEXT

Police Dismantle UCLA Tent Camp, Take Pro-Palestinian Protesters Into Custody

UP NEXT

Fresno State’s Randa Jarrar Dragged Out of Event Featuring Big Bang Theory’s Mayim Bialik

Thief Uses Sleight of Hand to Swipe $255K Tiffany Ring, Cops Say

5 hours ago

California Reports the First Increase in Groundwater Supplies in 4 Years

5 hours ago

Fresno Charter School Wants to Increase Enrollment. But Are Its Students Lagging Their Peers?

5 hours ago

Lawsuit Alleges Decades of Child Sex Abuse at Illinois Juvenile Detention Centers Statewide

6 hours ago

Texas Soldier Arrested in Russia on Theft Charges After Unexpected Detour

6 hours ago

Fresno Detectives Arrest Motorcycle Club Leader on Arson, Gun Charges

6 hours ago

Pulitzer Prizes in Journalism Awarded to The New York Times, The Washington Post, AP and Others

7 hours ago

Hamas Accepts Gaza Cease-Fire; Israel Launches Strikes in Rafah

8 hours ago

Tom Brady’s Netflix Roast Features Lots of Jabs and a Belichick-Kraft Reunion

8 hours ago

CA Limits How Police Respond to Protests. Why Were Bean Bag Shotguns Used at UCLA?

8 hours ago

This Is Why Banana Ball Drew 31,000 for the Series in Fresno

If you’re unaware of the Savannah Banana phenomenon, you must be actively avoiding social media, as the team and their rivals, the Par...

4 hours ago

4 hours ago

This Is Why Banana Ball Drew 31,000 for the Series in Fresno

4 hours ago

Harper Homers, Wheeler Strikes out 11 as Phillies Complete Sweep of Reeling Giants

5 hours ago

Liberal Icon Bernie Sanders Is Running for Senate Reelection, Squelching Retirement Rumors

5 hours ago

Thief Uses Sleight of Hand to Swipe $255K Tiffany Ring, Cops Say

5 hours ago

California Reports the First Increase in Groundwater Supplies in 4 Years

5 hours ago

Fresno Charter School Wants to Increase Enrollment. But Are Its Students Lagging Their Peers?

6 hours ago

Lawsuit Alleges Decades of Child Sex Abuse at Illinois Juvenile Detention Centers Statewide

6 hours ago

Texas Soldier Arrested in Russia on Theft Charges After Unexpected Detour

MENU

CONNECT WITH US

Search

Send this to a friend