1. Step in the Right Direction
- A recent CBO score estimates that the Prescription Drug Pricing Reduction Act would save nearly $95 billion in the next decade. The landmark legislation would establish a new Part D out-of-pocket cap and penalize drug companies for increasing prices higher than the rate of inflation. — (Healthcare Dive)
2. A Mitchell Minute
- P4AD’s very own David Mitchell spoke with The Heartland Institute’s Health Care News podcast to discuss the bipartisan Prescription Drug Pricing Reduction Act and why we all should support it. — (The Heartland Institute)
3. Iowa Republican leader calls for action on Senate Finance drug pricing bill
- Laura Kaminenski, chairperson of the Linn County Republican Committee, called on Sen. McConnell to support Sens. Grassley and Ernst by bringing the Senate Finance bill to the floor for a vote. We couldn’t agree more. — (Des Moines Register)
4. Business as Usual
- Despite an ever-growing insulin affordability crisis, the head of Eli Lilly received a massive pay increase, making him one of the highest-paid pharma CEOs. — (Fierce Pharma)
5. Sticker Shock
- Patients across the country are finding that their insurance plans are covering fewer and fewer of their drugs. For some, there is no generic option and, thanks to high list prices, the out-of-pocket costs can be staggering. — (NPR)