Americans for Limited Government’s Rick Manning agrees with President Trump that prescription drug prices are too high. But he doesn’t agree with the President’s proposal to try to lower prices by imposing a socialist drug scheme. Manning says we can bring drug prices down significantly by taking on and reforming the three things that most directly drive up costs:
- Pharmacy Benefit Managers (PBMs)
- FDA’s approval process
- Trial lawyers
Here is a recent piece in Breitbart that details why these reforms will work!
“The president’s instincts to help Americans save money on prescriptions are better applied to another one of the Executive Orders in the batch, one designed to ensure drug rebates reach consumers directly, rather than serving as kickbacks to pharmacy benefit managers (PBMs), middleman entities who are helping insurance companies and pharmacies pocket savings intended for patients.” – Rick Manning
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