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News and Reports

STATEMENT: P4AD Responds to Third FTC Settlement Addressing Big Three PBM Price-Gouging

WASHINGTON, D.C. — With today’s Caremark settlement, the Federal Trade Commission (FTC) has now reached settlements with all three of the nation’s largest Pharmacy Benefit Managers (PBMs), resolving claims that CVS Caremark, Cigna’s Express Scripts, and OptumRx engaged in practices that artificially inflated insulin prices and harmed patients. In response, Merith Basey, CEO of Patients For Affordable […]

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Deseret News: When medical needs and financial realities collide

The national organization Patients for Affordable Drugs collects stories from people who struggle with prescription costs in particular. They have a map of the states that link to patient stories. Said the group’s CEO, Merith Basey, “The prescription drug pricing system in the U.S. is rigged against patients, which is why 1 in 3 people […]

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Pink Sheet: US Pushing Foreign Countries To Pay More For Drugs: Will It Help Americans?

Patients for Affordable Drugs (P4AD), a patient advocacy group, acknowledged a well-designed MFN policy could deliver lower prices for patients and taxpayers. But the group said the 17 existing MFN deals depend on voluntary industry participation and fall short of the systemic reforms. “The terms of the deals remain secret, leaving unanswered questions about the […]

News and Reports

Inside Health Policy: Survey Shows Voters Favor Commitment To MFN Pricing Policies

Patients for Affordable Drugs CEO Merith Basey says the MFN agreements the government has established so far lack the longevity, transparency and oversight to combat a broken system in need of urgent structural change, but it is possible for the policy to be improved. “Since U.S. brand name drugs are priced at least 4 times […]

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The Hill: Big Pharma lost in court — Congress must not bail it out

For the last three years, some of the most profitable corporations in the world spent millions of dollars in court attempting to reverse the biggest defeat the pharmaceutical industry suffered in decades. The Supreme Court recently declined even to hear their cases. For these companies, the legal fight is now over. But the pharmaceutical industry’s […]

News and Reports

ICYMI: Merith Basey Op-Ed in The Hill: “Big Pharma lost in court. Congress shouldn't bail them out.”

Basey argues lawmakers should not hand pharmaceutical companies in Congress what they failed to win in court. WASHINGTON, D.C. — Following the Supreme Court’s decision to reject petitions from six major drugmakers seeking to overturn Medicare drug price negotiation, Patients For Affordable Drugs CEO Merith Basey is urging Congress to protect and strengthen the program rather than weaken […]