President Trump, don’t embrace left-wing ideas to get something done on drug prices

July 18, 2019

Source: Link

By Newt Gingrich (Original source Fox News)

“In a recent column, I explained why the president and Republicans are on their way to a stunning victory in 2020. I predicted that a big factor in this victory will be the clear juxtaposition between the president’s methodical, step-by-step approach to lower health care costs with more transparency, choice, and accountability and the Democrats’ calls for radical change that would throw people off of their private insurance and replace it with a government-run monopoly.

In this column, I want to sound a warning about how things could go wrong, particularly when it comes to the president’s efforts to lower prescription drug prices.

Until a few days ago, I would have argued confidently that the president and Republicans were well situated to win on the issue of drug prices in 2020.

A record number of generic drugs were approved by the FDA in 2017, saving consumers nearly $16 billion with lower-priced alternatives. The Republican Congress also passed, and the president signed, a bill lifting the pharmacy “gag clauses” that prevented pharmacists from informing patients if they could pay less for a medicine by paying cash instead of going through insurance (some generic drugs are so cheap that they can cost less than a co-pay).”

Click here to see more

Relevant and recent posts

Kevin O’Leary: “I’m an ambassador for the American Dream”

To a packed Weis Center this past Tuesday, Kevin O’Leary, known for his role as an investor and TV personality on ABC’s long-running show “Shark…

Thought Leader: Kevin O’Leary

Sara Fischer: Lara Trump to interview female WH officials for first Fox show

Lara Trump‘s first show as a Fox News host will highlight the key women who helped get her father-in-law President Trump elected and who now…

Thought Leader: Sara Fischer

Scott Morrison among many to express support for Jewish community

Former prime ministers Tony Abbott and Scott Morrison, among others, have expressed their support for the Jewish community amid troubling times in Australia. This came…