A recent local news story headline read “Rising Prescription Drug Prices Are Costing Some Patients Their Lives.” It detailed, as we’ve heard before, that Americans pay more for prescription drugs than consumers in any other country. This article also detailed the toll that drug prices take on patients, workers and families. The man in the […]
Read MoreMajor California Newspapers Join Call for Legislature to Act on Prescription Drug Transparency
Today, two of California’s largest newspapers joined the growing chorus in support of SB 17 (Hernandez), a vital measure to provide transparency in prescription drug prices. The LA Times and Sacramento Bee both editorialized in favor of the bill, which would require drug companies to provide advance notice before they jack up prices, introducing a level of transparency that’s on par with every other part of the health care system.
Read MoreWorking people demand answers from Big Pharma on skyrocketing Rx drug prices
Big Pharma can raise the price of a vital prescription drug at any time, for any reason without ever telling anyone why. The revenue could be going to buying hover boards for Pharma CEOs but no one would know. Why? Big Pharma spends millions of dollars to send lobbyists to our Capitols to wine and dine our legislators to keep the status quo: Pharma’s unchecked ability to raise prices behind closed doors without having to justify the rate hikes.
Read MoreEveryone wants transparency…except Big Pharma
Senate Bill 1010 (Hernandez) will likely be up for a vote next week in the California State Assembly Health Committee before heading to the floor for a vote. The bill has already passed the CA State Senate, and everyone – except Big Pharma – seems to be coming out in favor of this commonsense, pro-transparency bill.
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