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News and Reports
Epoch Times: Trump Asks Congress to Codify His Drug Price Policy Into Law
Details of the voluntary agreements have not been made public, so the full number and amount of price reductions are not known. “These arrangements do not automatically lower drug prices across the entire system, nor do they apply to most high-cost or widely used medications,” Merith Basey, CEO of Patients for Affordable Drugs, said in […]
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Washington Post Health Brief: ICYMI: A WP Intelligence briefing
Guests Merith Basey, the CEO of Patients for Affordable Drugs, and Pharmaceutical Research and Manufacturers of America (PhRMA) Executive Vice President of Policy and Research Elizabeth Carpenter talked about the impacts of Medicare price negotiations, pharmacy benefit manager (PBM) reform, rising launch prices and what’s coming next on policy.
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Barron’s: TrumpRx Is Here. Most People Won’t Benefit
The discounts came via negotiations between the Trump administration and drug manufacturers that aren’t codified into law, said Merith Basey, CEO of Patients for Affordable Drugs, an advocacy group. Basey says key questions for patients are how long will the discounts be available, will prices be subject to change, and will pharmacies honor them?
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Fierce Pharma: UPDATE: TrumpRx, US government's cash-pay drug purchasing portal, has arrived
Meanwhile, patient advocacy group Patients for Affordable Drugs Now (P4AD) had several misgivings about TrumpRx following the portal’s launch. While the discounts on display will be especially useful for patients struggling to afford Novo and Eli Lilly’s GLP-1s, “these voluntary agreements lack clear enforcement mechanisms and still put the power to set and increase prices […]
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Forbes: Medicare Negotiations For Next Round Of 15 Drugs Could Lead To Large Price Drops
According to the advocacy group, Patients for Affordable Drugs, several of the selected medicines saw substantial list price hikes last month, including Cimzia, Entyvio and Xeljanz, which increased by $899, $748 and $334, respectively. However, if data on list prices for drugs selected in the first and second rounds are any indicator, it’s expected that […]
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India Currents: Why Do 47% of Americans Worry They Cannot Pay For Healthcare?
“The reality is that 1 in 3 Americans and people in this country cannot afford to pay for their prescription drugs,” said Merith Basey, Patients For Affordable Drugs. Americans are paying between 4 and 8 times, on average, what patients in other high-income countries are paying for the same brand-name drugs.
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North Dallas Gazette: Would Senate Passage of ACA Subsidies Band-Aid a Broken System?
One in three Americans cannot afford their prescriptions, noted Merith Basey of Patients for Affordable Drugs, and they pay between 4 and 8 times more than other high-income countries. Many countries negotiate drug prices, noted Basey, though the powerful American pharmaceutical industry has prevented Medicare from negotiating prices for over 20 years despite that they […]