Priced Out of a Life-Saving Drug
In his State of the Union address, President Trump highlighted the need for price transparency between drug manufacturers and pharmacy benefit managers (PBMs). On April 2 and April 10, my subcommittee, the House Energy and Commerce Subcommittee on Oversight and Investigation, held two bipartisan hearings to investigate the rising cost of insulin and its impact on patients. While manufacturers claim the problems lie with the PMBs who pressure them to offer more rebates which come with higher list prices, PMBs are quick to point out that manufactures alone control the list price of insulin. Instead of lowering list prices, manufactures have created patient assistance programs to provide insulin for those who otherwise can’t afford it. However, qualifying for such programs can be difficult, and even those who do qualify are uncertain of how long they will be able to participate. While some in the Democrat House majority support reducing patient choice by creating government takeover programs like Medicare For All, I’m working to find common ground when it comes to lowering drug prices. Last week with my support, the Energy and Commerce Committee passed six bipartisan bills aimed at creating transparency, bolstering competition, and lowering drug prices. I look forward to supporting these bills shortly on the House floor. I urge my Senate colleagues to quickly pass these bills so that families can continue to receive their life saving medication at an affordable price. No man, woman, or child should ever be forced to ration or dilute their insulin because they can’t afford their next month’s supply. We must continue to work with President Trump in calling for transparency in drug pricing and investigating why insulin prices have skyrocketed. I will keep fighting to ensure that patients aren’t priced out of a life-saving drug. Markwayne Mullin, a citizen of the Cherokee Nation, was first elected to serve the people of Oklahoma’s Second Congressional District in November 2012. He is currently serving his fourth term in office. Mullin and his wife Christie have five children: Jim, Andrew, Larra, Ivy, and Lynette. The Mullin family currently resides in Westville, Oklahoma on the same family farm where Markwayne was raised.
R&D for insulin is "already paid for. Are you using profits from #insulin to pay for developing other drugs?" @RepMullin— Ozlem Ersin (@ohersin) April 10, 2019
"Our insulin revenues are going down." So the answer is no? #InsulinHearinghttps://t.co/gMtZzcw5NO pic.twitter.com/Zg86qs6cld
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