PhRMA Proposes Multi-Pronged Solutions to Drug Affordability Crisis

The Pharmaceutical Research and Manufacturers of America (PhRMA) discussed several solutions that would reduce healthcare costs for patients while maintaining pharmaceutical innovation. Key solutions include reforming Medicare, regulating healthcare payers, and tying pharmacy benefit manager fees to patient outcomes.

PhRMA’s Emilie Signora remarks, “These reforms benefit patients and also protect future innovation. We need these types of long-term solutions – not temporary fixes that don’t address the root problems in the health care system – to help those who need it the most.” Read more here.

(Source: Emilie Signora, PhRMA, 10/27/21)