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Health Reform's Drug
Provisions May Threaten HR Bill |
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The
Los Angeles Times (11/17,
Levey, Hamburger) reports that "Congressional Democrats'
intensifying efforts to pay for their healthcare overhaul and
provide more relief for consumers are threatening to unravel a
White House deal with the pharmaceutical industry and turn one
of Washington's most powerful lobbies against the legislation."
Under a "White House deal struck in the summer, companies
pledged to support an overhaul and provide limited discounts to
Medicare patients in exchange for a promise that no other
controls would be imposed on pharmaceutical prices." But now a
"bipartisan group of senators" is considering opening "the door
to lower-priced prescription drugs from other countries."
Meanwhile, "other lawmakers want to speed the development of
cheaper generic versions of biologic drugs."
AARP
report shows higher prices for brand-name drugs.
CQ HealthBeat (11/17,
subscription required) reports, "A study released Monday by the
senior advocacy group AARP found that brand-name drug prices
have climbed by 9.3 percent since October 2008, despite the
economic downturn." According to the AARP
Rx Watchdog Report (pdf),
"average manufacturer price increases for brand name and
specialty prescription drugs often used by Medicare
beneficiaries shot ahead of price increases for other consumer
goods in the past year." Meanwhile, "average prices for generic
drugs decreased."
AFP (11/17) also notes
that price increase "was considerably greater than the average
increase over the past seven years -- 5.8 to 8.3 percent a year
-- even though the US economy has been in a dive during much of
the past year." The data also showed that "drug prices as a
whole, including low cost generics, rose 5.4 percent in the past
12 months."
Rising drug
prices seen as betrayal of cost savings promises.
In an editorial, the
San Jose Mercury News (11/17)
calls the pharmaceutical industry "cunning," as "only weeks ago,
President Barack Obama was hailing a White House deal with
drug makers to 'save' the nation $8 billion a year in
prescription drug costs. Now it turns out that Big Pharma has
been quietly hiking wholesale prices of prescription drugs." The
President "should renew his push to give the federal government
the ability to negotiate bulk purchases of prescription drugs,"
according to the News. "Drug makers deserve a fair profit for
their lifesaving products. But they shouldn't get away with
hoodwinking the president and the American public."
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