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PhRMA CEO Tauzin Expresses Opposition To Government Negotiating Medicare Drug Prices

December 17th, 2009 · No Comments
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Allowing Medicare to round formula drug prices on behalf of beneficiaries could reduce the platoon of drugs the program offers and come to pass in higher costs in place of beneficiaries, Pharmaceutical Research and Manufacturers of America President and CEO Billy Tauzin said Wednesday, CQ HealthBeat reports. According to Tauzin, Medicare second offers access to thousands of drugs because the program relies on private-sector competition. Tauzin, speaking at a media roundtable, said, “When you put the ministry in the prepare you freeze out the secretively sector.” He added that lower-than-expected monthly Medicare prescription drug aid premiums and modulate-than-estimated costs to the federal government show that Congress should not change the program.

HHS Secretary-designate and latest Senate The better Commander Tom Daschle (D-S.D.) matrix week in statement in front of the Senate Health, Education, Labor and Pensions Cabinet said the aim of allowing the secretary to negotiate analgesic prices “ought to be evaluated and looked at.” Supporters of the hint make said it could save taxpayers billions of dollars and soften drug prices through despite all U.S. residents (Carey, CQ HealthBeat, 1/14).

Health Reform Involvement
Tauzin said the drug industry will be “be a major part of the solution to health care access and affordability in this country.” He said, “We could really improve the insurance coverage for most Americans by working on copay[ment]s,” noting that high out-of-pocket costs prevent some consumers from using prescribed medications (Young, The Hill, 1/14).

Tauzin also said the new FDA commissioner should have more resources to help “keep our drug supply safe and secure” and to attract and keep talented workers. Tauzin also said the position should have a fixed term of service, in order to keep it “a little politically insulated” (CQ HealthBeat, 1/14).

Reprinted with kind permission from http://www.kaisernetwork.org. You can view the entire Kaiser Daily Health Policy Report, search the archives, or sign up for email delivery at http://www.kaisernetwork.org/dailyreports/healthpolicy. The Kaiser Daily Health Policy Report is published for kaisernetwork.org, a free service of The Henry J. Kaiser Family Foundation.

© 2009 Advisory Board Company and Kaiser Family Foundation. All rights reserved.



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