Pharmaceutical industry lacks self-awareness WashTimesOpEd
A recent poll found that just 31% of Americans trust the pharmaceutical industry, and 78% of Americans believe the industry is responsible for the high cost of health care. Seventy-two percent of Americans believe the industry has far too much influence over our government.
The costs, however, are significantly offset by the generous government funds and tax cuts these companies receive for research and development. Big Pharma is receiving even more government aid in recent years, yet drug costs continue to rise.The drug giants don’t account for the public good in the calculation. It’s about what will make them more money.
PBMs are third-party companies that insurers use to negotiate lower drug prices. The pharmaceutical industry wants to make them the scapegoat for skyrocketing health care costs and is spending big to do so.You’ve probably seen the ads. They sayare the bad guys. They say we need to add more government regulations on them to keep health care affordable.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lethargy versus tyranny: Vivek Ramaswamy calls for a revolutionAs grievously dismayed as Thomas Jefferson would be over the state of tyranny in our country today, he would also cheer the arrival of pharmaceutical executive Vivek Ramaswamy on the political battlefield.
Read more »
Exclusive: India pharma exports soaring despite cough syrup deaths - trade bodyIndia's pharmaceutical exports this fiscal year are set to grow nearly twice as fast as last year to hit sales of $27 billion, driven by strong U.S. buying, a government-backed trade body told Reuters, despite deaths linked to Indian-made cough syrups.
Read more »