SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
Nancy Pelosi speaking with the public in Phoenix, Arizona, February 8, 2018. (Photo: Gage Skidmore, Flickr)
'Hocus-Pocus Process': Pelosi Drug Pricing Bill Criticized for Going Too Easy on Big Pharma
"They need to do more."
May 24, 2019
Divisions in the Democratic House caucus over healthcare continued to deepen this week when the party's leader, Speaker Nancy Pelosi, informed members that drug pricing legislation will be designed to go easy on big pharma.
The new proposal, which Pelosi worked out with President Donald Trump, appears aimed at incremental change to the drug pricing system rather than the kind of relief health activists have been clamoring for over the past year.
"It creates this hocus-pocus process that isn't going to lower prescription drug prices," John Hassell, the national director of advocacy for advocacy group the AIDS Healthcare Foundation, told HuffPost. "It's going to nickel and dime it on the sides."
A Thursday evening in-depth HuffPost report on the bill lays out the legislation's scope--such as it is. The plan calls for allowing the secretary of health and human services to negotiate with drug companies for lower drug prices. Should the companies and secretary fail to reach an agreement, the Government Accountability Office is empowered to take over and set a price that aligns with how much the drugs go for overseas.
Per HuffPost:
The Department of Health and Human Services would be required to negotiate on at least 25 drugs each year, and companies that refused to participate would be slapped with a tax equal to 50 percent of their prior year's sales of the drug. Prices on all drugs covered under Medicare Parts B and D could not be increased going forward, and any company that still did so would have 100% of the price hike taxed away.
The HuffPost report comes more than two weeks after a Mother Jones piece that featured progressives wondering why there was even a debate over whether to "throw down" on drug prices.
"We're at the point where a deal is getting made on drug pricing, and this bill is the one that is progressive, bold, and has a huge amount of support," an aide to a member of the Congressional Progressive Caucus (CPC) told Mother Jones. "This is the moment to throw down."
The plan may be dead on arrival anyway--reporting from The Hill Friday claims that the current feud between the president and the speaker may be fatal to the proposal. In a statement, Pelosi spokesman Henry Connelly said that the speaker would continue fighting for drug pricing changes.
" House Democrats are determined to advance bold, tough legislation to lower prescription drug prices, and we are moving forward no matter what this White House does," said Connelly.
In April, journalist David Dayen reported in The Intercept that Pelosi's views on drug pricing were being influenced by her advisor Wendell Primus, a pharmaceutical industry advocate, emphasizing the outsized influence of powerful drug interests on the Speaker.
According to Dayen, Pelosi told her caucus briefly about the plan on Wednesday as part of a meeting that was called to focus on issues around impeaching the president and administration misbehavior.
"I was told she unveiled this at a caucus meeting, on the SAME DAY that Trump stormed out of the White House on her, by reading it off a piece of paper and taking no questions," Dayen said in an email.
Critics of the Pelosi plan HuffPost spoke to called the proposal insufficient and said it doesn't cover enough drugs. And, as HuffPost pointed out, there's no way to ensure that the government will act on behalf of consumers.
"There is also nothing as yet to prevent HHS from simply negotiating bad deals that do not meaningfully lower drug prices," said HuffPost.
Members of the House Congressional Progressive Caucus (CPC), which pushed for more comprehensive drug pricing reforms, were largely silent on the bill.
But activists like Public Citizen's Access to Medicines' Steven Knievel, were not. A drug pricing program that only takes care of 25 drugs a year, Knievel said, is unacceptable.
"They need to do more," said Knievel. "Our demand is to do all drugs."
An Urgent Message From Our Co-Founder
Dear Common Dreams reader, It’s been nearly 30 years since I co-founded Common Dreams with my late wife, Lina Newhouser. We had the radical notion that journalism should serve the public good, not corporate profits. It was clear to us from the outset what it would take to build such a project. No paid advertisements. No corporate sponsors. No millionaire publisher telling us what to think or do. Many people said we wouldn't last a year, but we proved those doubters wrong. Together with a tremendous team of journalists and dedicated staff, we built an independent media outlet free from the constraints of profits and corporate control. Our mission has always been simple: To inform. To inspire. To ignite change for the common good. Building Common Dreams was not easy. Our survival was never guaranteed. When you take on the most powerful forces—Wall Street greed, fossil fuel industry destruction, Big Tech lobbyists, and uber-rich oligarchs who have spent billions upon billions rigging the economy and democracy in their favor—the only bulwark you have is supporters who believe in your work. But here’s the urgent message from me today. It's never been this bad out there. And it's never been this hard to keep us going. At the very moment Common Dreams is most needed, the threats we face are intensifying. We need your support now more than ever. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. When everyone does the little they can afford, we are strong. But if that support retreats or dries up, so do we. Will you donate now to make sure Common Dreams not only survives but thrives? —Craig Brown, Co-founder |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
Divisions in the Democratic House caucus over healthcare continued to deepen this week when the party's leader, Speaker Nancy Pelosi, informed members that drug pricing legislation will be designed to go easy on big pharma.
The new proposal, which Pelosi worked out with President Donald Trump, appears aimed at incremental change to the drug pricing system rather than the kind of relief health activists have been clamoring for over the past year.
"It creates this hocus-pocus process that isn't going to lower prescription drug prices," John Hassell, the national director of advocacy for advocacy group the AIDS Healthcare Foundation, told HuffPost. "It's going to nickel and dime it on the sides."
A Thursday evening in-depth HuffPost report on the bill lays out the legislation's scope--such as it is. The plan calls for allowing the secretary of health and human services to negotiate with drug companies for lower drug prices. Should the companies and secretary fail to reach an agreement, the Government Accountability Office is empowered to take over and set a price that aligns with how much the drugs go for overseas.
Per HuffPost:
The Department of Health and Human Services would be required to negotiate on at least 25 drugs each year, and companies that refused to participate would be slapped with a tax equal to 50 percent of their prior year's sales of the drug. Prices on all drugs covered under Medicare Parts B and D could not be increased going forward, and any company that still did so would have 100% of the price hike taxed away.
The HuffPost report comes more than two weeks after a Mother Jones piece that featured progressives wondering why there was even a debate over whether to "throw down" on drug prices.
"We're at the point where a deal is getting made on drug pricing, and this bill is the one that is progressive, bold, and has a huge amount of support," an aide to a member of the Congressional Progressive Caucus (CPC) told Mother Jones. "This is the moment to throw down."
The plan may be dead on arrival anyway--reporting from The Hill Friday claims that the current feud between the president and the speaker may be fatal to the proposal. In a statement, Pelosi spokesman Henry Connelly said that the speaker would continue fighting for drug pricing changes.
" House Democrats are determined to advance bold, tough legislation to lower prescription drug prices, and we are moving forward no matter what this White House does," said Connelly.
In April, journalist David Dayen reported in The Intercept that Pelosi's views on drug pricing were being influenced by her advisor Wendell Primus, a pharmaceutical industry advocate, emphasizing the outsized influence of powerful drug interests on the Speaker.
According to Dayen, Pelosi told her caucus briefly about the plan on Wednesday as part of a meeting that was called to focus on issues around impeaching the president and administration misbehavior.
"I was told she unveiled this at a caucus meeting, on the SAME DAY that Trump stormed out of the White House on her, by reading it off a piece of paper and taking no questions," Dayen said in an email.
Critics of the Pelosi plan HuffPost spoke to called the proposal insufficient and said it doesn't cover enough drugs. And, as HuffPost pointed out, there's no way to ensure that the government will act on behalf of consumers.
"There is also nothing as yet to prevent HHS from simply negotiating bad deals that do not meaningfully lower drug prices," said HuffPost.
Members of the House Congressional Progressive Caucus (CPC), which pushed for more comprehensive drug pricing reforms, were largely silent on the bill.
But activists like Public Citizen's Access to Medicines' Steven Knievel, were not. A drug pricing program that only takes care of 25 drugs a year, Knievel said, is unacceptable.
"They need to do more," said Knievel. "Our demand is to do all drugs."
Divisions in the Democratic House caucus over healthcare continued to deepen this week when the party's leader, Speaker Nancy Pelosi, informed members that drug pricing legislation will be designed to go easy on big pharma.
The new proposal, which Pelosi worked out with President Donald Trump, appears aimed at incremental change to the drug pricing system rather than the kind of relief health activists have been clamoring for over the past year.
"It creates this hocus-pocus process that isn't going to lower prescription drug prices," John Hassell, the national director of advocacy for advocacy group the AIDS Healthcare Foundation, told HuffPost. "It's going to nickel and dime it on the sides."
A Thursday evening in-depth HuffPost report on the bill lays out the legislation's scope--such as it is. The plan calls for allowing the secretary of health and human services to negotiate with drug companies for lower drug prices. Should the companies and secretary fail to reach an agreement, the Government Accountability Office is empowered to take over and set a price that aligns with how much the drugs go for overseas.
Per HuffPost:
The Department of Health and Human Services would be required to negotiate on at least 25 drugs each year, and companies that refused to participate would be slapped with a tax equal to 50 percent of their prior year's sales of the drug. Prices on all drugs covered under Medicare Parts B and D could not be increased going forward, and any company that still did so would have 100% of the price hike taxed away.
The HuffPost report comes more than two weeks after a Mother Jones piece that featured progressives wondering why there was even a debate over whether to "throw down" on drug prices.
"We're at the point where a deal is getting made on drug pricing, and this bill is the one that is progressive, bold, and has a huge amount of support," an aide to a member of the Congressional Progressive Caucus (CPC) told Mother Jones. "This is the moment to throw down."
The plan may be dead on arrival anyway--reporting from The Hill Friday claims that the current feud between the president and the speaker may be fatal to the proposal. In a statement, Pelosi spokesman Henry Connelly said that the speaker would continue fighting for drug pricing changes.
" House Democrats are determined to advance bold, tough legislation to lower prescription drug prices, and we are moving forward no matter what this White House does," said Connelly.
In April, journalist David Dayen reported in The Intercept that Pelosi's views on drug pricing were being influenced by her advisor Wendell Primus, a pharmaceutical industry advocate, emphasizing the outsized influence of powerful drug interests on the Speaker.
According to Dayen, Pelosi told her caucus briefly about the plan on Wednesday as part of a meeting that was called to focus on issues around impeaching the president and administration misbehavior.
"I was told she unveiled this at a caucus meeting, on the SAME DAY that Trump stormed out of the White House on her, by reading it off a piece of paper and taking no questions," Dayen said in an email.
Critics of the Pelosi plan HuffPost spoke to called the proposal insufficient and said it doesn't cover enough drugs. And, as HuffPost pointed out, there's no way to ensure that the government will act on behalf of consumers.
"There is also nothing as yet to prevent HHS from simply negotiating bad deals that do not meaningfully lower drug prices," said HuffPost.
Members of the House Congressional Progressive Caucus (CPC), which pushed for more comprehensive drug pricing reforms, were largely silent on the bill.
But activists like Public Citizen's Access to Medicines' Steven Knievel, were not. A drug pricing program that only takes care of 25 drugs a year, Knievel said, is unacceptable.
"They need to do more," said Knievel. "Our demand is to do all drugs."
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.