Navigation Links
House Tri-Committee Bill Would Hurt Patients and Kill Jobs
Date:7/31/2009

WASHINGTON, July 31 /PRNewswire-USNewswire/ -- Pharmaceutical Research and Manufacturers of America (PhRMA) Senior Vice President Ken Johnson released the following statement after the Energy and Commerce Committee mark-up of the House Tri-Committee bill:

"PhRMA remains committed to working with the Administration and Congress to help enact comprehensive health care reform this year. Our policy agreement with the White House and the Senate Finance Committee, which provides $80 billion in meaningful cost-savings over 10 years, clearly demonstrates that commitment. We share the same goal of helping ensure that all Americans have access to affordable, high-quality health care coverage and services.

"We applaud members on the House Energy & Commerce Committee for passing a bipartisan biosimilars amendment that strikes an appropriate balance between the desire for enhanced competition and preserving incentives for innovation. Such incentives are vital for ensuring continued development of biologics that patients with complex diseases rely on today and will help to provide cures in the future. Recently, the Senate HELP Committee also agreed overwhelmingly to support this important provision.

"Unfortunately, the totality of the efforts in the U.S. House of Representatives, while well-intentioned, represents a step in the wrong direction in the health care reform debate.

"PhRMA opposes the House Tri-Committee bill because it undercuts the main goal of health care reform which is to help all Americans access needed healthcare coverage and services. The bill would effectively act as a tax increase by raising premiums for seniors in the popular Medicare prescription drug program, severely restrict patient access and choice and hurt an innovative sector that currently employs hundreds of thousands of workers. The result could mean significant job losses in the middle of a recession. In addition, the legislation allows broad override of protections for Medicare and Medicaid beneficiaries by unelected officials, with no chance for review.

"Under the House bill, we're concerned that the federal government will wind up rationing health care and dictating what medicines doctors can prescribe to their patients. This may well prevent patients from gaining access to the critically important medicines they need to fight diseases such as cancer, diabetes and heart disease.

"What's more, even the Congressional Budget Office has said that government negotiation of Medicare Part D prices would save little, if any, money.

"While we will continue to work toward supporting comprehensive health care reform, we will vigorously oppose legislation that hurts patients and the American economy."

The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country's leading pharmaceutical research and biotechnology companies, which are devoted to inventing medicines that allow patients to live longer, healthier, and more productive lives. PhRMA companies are leading the way in the search for new cures. PhRMA members alone invested an estimated $50.3 billion in 2008 in discovering and developing new medicines. Industry-wide research and investment reached a record $65.2 billion in 2008.

    PhRMA Internet Address:http://www.phrma.org
    For information on stories of hope and survival, visit:
   http://sharingmiracles.com/
    For information on how innovative medicines save lives, visit:
   http://www.innovation.org
    For information on the Partnership for Prescription Assistance, visit:
   http://www.pparx.org
    For information on the danger of imported drugs, visit:
   http://www.buysafedrugs.info
    For more information on public health emergencies, visit:
   http://www.rxresponse.org


'/>"/>
SOURCE Pharmaceutical Research and Manufacturers of America
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. Webcast Alert: Kaiser Permanente Residency Program Open House
2. Houston Texans Star Players Ahman Green and Matt Schaub Help Easter Seals, Avondale House and Local Families Tackle Autism
3. Retailers Welcome Senate Passage of Mental Health Parity Bill, Urge House to Adopt Senate Version at Subcommittee Markup
4. CRC Health Group Announces Acquisition of Durhams Structure House, Weight Loss Facility
5. Senate, House Announce Agreement to Renew, Improve Childrens Health Insurance Program Now
6. Statement on House/Senate Agreement on SCHIP Legislation
7. Prime Access Creates Groundbreaking Ads Targeting Urban Teens for the White Houses National Youth Anti-Drug Media Campaign
8. Benjamin England, Former FDA Regulatory Counsel, to Testify on FDA Import Strategic Plan Before House Appropriations Subcommittee
9. House of Representatives Passes Stop AIDS in Prison Act of 2007
10. Green Seal Ramps Up Environmental Standard for Household Cleaners
11. Pelosi Statement on House Vote to Extend Family and Medical Leave for Military Families
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/13/2017)... ... October 13, 2017 , ... The American Board of Family Medicine's (ABFM) ... and Chief Executive Officer, succeeding Dr. James C. Puffer upon his retirement. Dr. Newton ... until Dr. Puffer’s retirement at the end of 2018. Upon assuming the role of ...
(Date:10/13/2017)... ... ... Apple Rehab Shelton Lakes , which specializes in the delivery of sub-acute ... of a disaster drill on October 3rd. , Apple Rehab participated with the Shelton ... well as the Connecticut Long Term Care Mutual Aid Plan (LTC-MAP). The LTC-MAP ...
(Date:10/13/2017)... (PRWEB) , ... October 13, 2017 , ... Yisrayl Hawkins, ... week that explains one of the most popular and least understood books in the ... cryptic and puzzling descriptions that have baffled scholars for centuries. Many have tossed it ...
(Date:10/12/2017)... WILMINGTON, Del. (PRWEB) , ... October 12, 2017 ... ... technology and advisory services for healthcare compliance program management, will showcase a range ... and National Association for Assisted Living (NCAL) Convention and Expo to be held ...
(Date:10/12/2017)... , ... October 12, 2017 , ... The American College ... to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s Annual Symposium in ... , In honor of Morris F. Collen, a pioneer in the field of medical ...
Breaking Medicine News(10 mins):
(Date:9/22/2017)... DIEGO , Sept. 22, 2017 AVACEN ... medical device is now successfully helping those with the ... Fibromyalgia diagnosed Amanda in Essex, ... dressed and washing my hair, experiencing no sleep at ... in painful spasm… I cannot recommend [the AVACEN 100] ...
(Date:9/19/2017)... , Sept. 19, 2017   ZirMed Inc ., ... analytics, today announced that it has been ranked #1 by ... Black Book™ Rankings 2017 User Survey. ZirMed was recognized ... for large hospitals and medical centers over 200 beds and ... Book,s healthcare technology user survey history. ...
(Date:9/18/2017)... R.I. , Sept. 18, 2017 /PRNewswire/ ... the fields of bioinformatics and immune engineering, ... a protective avian influenza A (H7N9) vaccine. ... distantly related to seasonal influenza and presents ... rely on prior exposure to be effective. ...
Breaking Medicine Technology: