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Conservative Momentum Builds to Stop Big Government, Big Pharma Attack on Americans’ Pharmacy Benefits

The following content is Conservatives aim to reduce medical costs.

Recently, Big Pharma and big government have focused on Pharmacy Benefit Managers (PBMs), who currently serve as the only real check on Big Pharma's ability to fight for free-market solutions in the prescription drug market. We partnered on this attack. Setting exorbitant prices for prescription drugs.

Policies targeting PBMs undermine America's core free market values ​​and provide huge financial benefits to Big Pharma at the expense of American patients, taxpayers, and business owners.

For example, the latest proposal, known as “delinking,” would eliminate market-based incentives for PBMs to secure higher rebates when negotiating with big drug companies. The result would be $32 billion in increased health care costs for patients, taxpayers, and businesses, and less freedom for employers to design their own benefits. relief For big pharmaceutical companies.

Politicians like Sen. Bernie Sanders (I-VE) have made clear the long-term design of these proposals to move our nation one giant step closer to a fully nationalized, government-run health care system. Earlier this year, New York Democratic Representative Alexandria Ocasio-Cortez (AOC) cited a proposal targeting PBMs: “This is just one example of why Medicare for All is essential.”

In response, conservatives across the country are sounding the alarm about how these measures will have dire consequences for hard-working American families and small businesses, and how anti-PBM policies will deprive them of vital savings. It explains how they are going to take it out of their pockets and give it to big pharmaceutical companies. higher profits.

U.S. Sen. Rand Paul (Republican, Kentucky); expressed his concerns On policies that undermine the power of free markets by targeting PBMs:

Like many misguided policies in Washington, this bill could actually raise drug prices. If that were to happen, imagine the outcry against a single-payer health care system with government price controls. Perhaps that's exactly what the left is betting on – that if drug companies are given free rein, the American people will soon get fed up and demand a socialist paradise. Let's hope their wishes don't come true.

Other leading conservatives, such as former Sen. Pat Toomey (R-Pennsylvania), have warned of harmful government interference with free markets. detail How PBMs help promote free market principles and serve to rein in the seemingly limitless monopoly power of Big Pharma:

If you are a consumer and have a health insurance plan and your plan provides prescription drug coverage, you will pay more for prescription drugs than you would otherwise, because PBMs are involved in negotiating prescription drugs. It is very likely that the amount will be less. Low price. Congress came in and said, “Oh, we're going to disrupt this. And we're going to disrupt it by making it even more difficult for one of the players in this supply chain to operate. ”I think this is a big mistake.

Recently, U.S. Representative Bill Johnson (R-Ohio) warned against the narrow focus on PBMs and the prospect of imposing more extensive government mandates on the U.S. health care system;

I'm concerned that they're being a little bit narrow-minded when it comes to effectively significantly lowering the cost of prescription drugs. PBMs account for approximately 6% of drug costs. This is not going to be a silver bullet that will solve all your prescription drug problems. In particular, we should be wary of greater federal involvement in health care decisions for Americans. Because private markets are about competition and private markets, and ultimately free enterprise, market-driven solutions that promote competition and reduce costs.

Conservatives across the country join a chorus of protests against misguided anti-PBM policies, highlighting growing concerns about the potential impact of left-wing policies on America's patients, small businesses, and the free market as a whole. .

Cass County Judge Travis Ransom, Texas It pointed out How these proposals run counter to the values ​​on which conservative MPs were elected.

Every freedom-loving Texan was elected on Capitol Hill as lawmakers in Washington seek to push through major government policies that would result in new government spending and the transfer of billions of dollars to Big Pharma. Lawmakers should be urged to oppose such misguided proposals.

Ann The overwhelming majority of managers We recognize the value in helping PBMs provide flexible and affordable prescription drug coverage to their employees. Dujuana Thompson, a Mississippi business owner who operates an assisted living facility. see straight through Attempts to burden patients and employers with higher prescription drug costs:

“Uncoupling” policies not only increase costs for seniors, taxpayers, businesses, patients, and families, they also undermine the free market forces that enable our economies to thrive. Mississippi's elected officials should reject these proposals to protect employers like me and the people I serve.

Momentum is growing against big government bailouts of big drug companies paid for with support from American patients, businesses, and taxpayers.Conservative Party Member Must stand firm to block new government orders We are now targeting pharmacy benefits.

For more information, see “Conservatives Aim to Lower Health Care Costs.”

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