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White House Healthcare Summit Offers Opportunity for Input Into Reform
Date:3/12/2009

of jobs. Last year alone, America's pharmaceutical companies invested a record $65.2 billion researching and developing new medicines and cures. And, more than 3.2 million jobs were supported by the biopharmaceutical sector in 2006. For this reason, it is critical, now more than ever, that lawmakers support policies that promote job stability in all sectors and strengthen innovation of new medical advances.

"While medicines and vaccines offer hope to millions of patients in America suffering from disease, they are meaningless if they remain out of reach to the patients who need them most. For this reason, all Americans should have access to high-quality and affordable healthcare coverage. Co-pays and other cost-sharing must also be affordable to help ensure that patients can get access to the health care services and prescription medicines they need to better fight their disease.

"We must also transform our sick-care system to a 21st century healthcare system that focuses on disease prevention and management to help keep patients out of the hospital and most importantly, help keep Americans from getting sick in the first place. To that end, we must do more to prevent chronic disease in America. Chronic disease is the number one killer and top health care cost driver in the U.S., with 75 cents of every healthcare dollar going to treat these diseases. More than six million cases of seven common chronic diseases such as cancer, hypertension and diabetes were reported in the Wolverine state and lost workdays and lower productivity as a result of chronic disease led to economic loss due in Michigan of $37.9 billion in 2003, according to the Milken Institute.

"Clearly, there is a lot of work that needs to be done to help ensure that a meaningful and comprehensive healthcare reform package gets on the President's desk this year. But if we all continue to work together and have open and honest dialogue to help
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SOURCE Pharmaceutical Research and Manufacturers of America
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