PhRMA Director Highlights Four Solutions to Lower Healthcare Costs

May 18, 2021

The COVID-19 pandemic has placed increase strain on the healthcare system. PhRMA Director of Public Affairs Tom Wilbur discusses four approaches to reduce exceedingly high healthcare costs. He calls on insurance companies to work more effectively and notes changes to Medicare Part D that would reduce prescription drug costs for patients.

Wilbur remarks, “Let’s fix what’s broken: a health system that limits coverage and increasingly causes the sickest to bear the burdens of prescription medicine costs. America’s biopharmaceutical industry is ready to do our part in working with all stakeholders to deliver a stronger, more resilient, affordable and equitable health care system for all.” Read more here.

(Source: Tom Wilbur, PhRMA, 5/13/21)

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