Democrats’ Washington takeover of prescription drugs leads to fewer cures
Texas Insider Report: WASHINGTON, D.C. – Warning against the Biden Administration’s decision to limit coverage for a new Alzheimer’s treatment, Republican Leader on the Ways and Means Committee Rep. Kevin Brady (R-TX) urged Democrats to work with Republicans to ensure greater access to new cures, at a Ways & Means Health Subcommittee Meeting.
- CLICK HERE to watch Rep. Brady’s remarks.
- CLICK HERE to watch the full meeting.
“Now that Medicare coverage has been restricted so severely, these lifesaving cures may never make it to market, which is a big worry for many of us.
“In fact, we’re already seeing the real-world consequences of this overreach.
“One innovator company has already slowed its timeline to complete application for accelerated approval of its experimental Alzheimer's drug.
“That’s terrible news for the families suffering from Alzheimer’s and their caregivers, as well as those with other neurological or medical conditions such as Down Syndrome, who are desperate for new breakthrough drugs.
[...]
“So what can be done to reverse course and ensure American families have access to lifesaving cures?
“It bears repeating that the government takeover of prescription drug pricing still being pushed by Democrats in the Build Back Better program couldn’t be more wrong for this historic time.
[...]
“As Republicans, we reject this trade-off between lower prices and fewer cures, which is why we have offered a more bipartisan approach, H.R. 19, the Lower Costs, More Cures Act.
“We believe we can stop the worst abusers from gaming the system and lower costs for patients, without sacrificing life saving new cures and innovations.”
“In fact, we’re already seeing the real-world consequences of this overreach.
“One innovator company has already slowed its timeline to complete application for accelerated approval of its experimental Alzheimer's drug.
“That’s terrible news for the families suffering from Alzheimer’s and their caregivers, as well as those with other neurological or medical conditions such as Down Syndrome, who are desperate for new breakthrough drugs.
[...]
“So what can be done to reverse course and ensure American families have access to lifesaving cures?
“It bears repeating that the government takeover of prescription drug pricing still being pushed by Democrats in the Build Back Better program couldn’t be more wrong for this historic time.
[...]
“As Republicans, we reject this trade-off between lower prices and fewer cures, which is why we have offered a more bipartisan approach, H.R. 19, the Lower Costs, More Cures Act.
“We believe we can stop the worst abusers from gaming the system and lower costs for patients, without sacrificing life saving new cures and innovations.”
CLICK HERE to read Rep. Brady’s full remarks as prepared for delivery.
