Health Minister Jean-Yves Duclos was told of the “hard reality” of getting pharmaceutical companies to lower their drug prices before he urged an independent federal agency to pause the discussion in favour of more consultation, a 2021 memo shows. “After five years, myriad policy proposals and many hundreds of hours of consultation, it would appear…

Health Minister Jean-Yves Duclos was told of the “hard reality” of getting pharmaceutical companies to lower their drug prices before he urged an independent federal agency to pause the discussion in favour of more consultation, a 2021 memo shows. “After five years, myriad policy proposals and many hundreds of hours of consultation, it would appear…

Florida Gov. Ron DeSantis has signed legislation designed to lower prescription drug prices by, among other things, curbing the power of industry middlemen, the pharmacy benefit managers (PBMs). Those third-party administrators typically process and pay drug claims of health plans, and negotiate discounts with drug manufacturers and pharmacies. In a signing ceremony on May 3,…

Commentary Not every problem calls for a government solution. But in the case of runaway prescription drug prices, there is a smart, conservative policy that can help drive down the price of prescription drugs, effectively and fairly, by employing a free-market solution rather than government price controls. The solution is price transparency, but the Biden…

Two GOP House committee chairmen and the top Senate Finance Committee Republican are challenging President Joe Biden to make public the spending plan for an obscure $3 billion prescription drug price-fixing fund established by the Inflation Reduction Act of 2022. “Unfortunately, the so-called Inflation Reduction Act enacted last year has doubled down on the recent…