EMILY STACK: Families Paying Price For Big Pharma’s Legal Games
For moms, nothing matters more than our families’ health. But for too many families, staying healthy has become unaffordable. Health insurance premiums keep increasing, and medicines have become so expensive that nearly one in five Americans is skipping or rationing doses to make them last longer and save money.
President Donald Trump is already doing great work to lower medicine costs. TrumpRX is a new online store that allows families to purchase medicines directly from manufacturers. The President is also pushing big drug companies to stop charging Europeans less for medicines and overcharging Americans. Yet more can be done. We need Congress to join the President’s efforts.
Generic medicines are one of the most effective ways to reduce healthcare costs for all Americans. Generic drugs typically cost 80 to 85 percent less than brand-name medicines while delivering the same benefits. And since drug costs are among the biggest contributors to rising costs, access to more generic drugs would deliver financial relief to millions of families. But unfortunately, our generic drug system — last reformed in 1984 — is now........
