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Tags: Fox News | drug | prices | congress

Rep. Duffy: Drug Prices Can Be Lowered if Congress Pushes

By    |   Thursday, 31 May 2018 02:57 PM

If Congress or President Donald Trump can get foreign countries to pay their fair share and "stop freeloading," drug prices can be lowered for American patients, but Democrats keep pushing hard for socialized medicine, Rep. Sean Duffy said Thursday.

"We have to recognize that the Senate failed to repeal Obamacare and replace it when John McCain came out and gave his thumbs-down vote," the Wisconsin Republican told Fox News' "America's Newsroom."

"We now have Democrats who realize that Obamacare is failing so they are pushing towards a government-run or bureaucratic run socialized medicine. The fight is on do we go socialized medicine or let markets work?"

Meanwhile, President Donald Trump is trying to do many things, but other countries are placing price-fixes on "American-innovated drugs," said Duffy.

"If we negotiate trade, let's make sure they don't subsidize the cost of drugs in their countries, sticking American patients with recouping the cost of development," Duffy added.

Trump said Wednesday that he believes some large drug companies will announce massive price drops in upcoming weeks because of actions that will be taken through his administration.

Duffy said he is not sure what all the president means, but he does believe that prices can come down for healthcare, especially if people are allowed to pool their coverage together to improve buying power.

"When you bring the drug companies in, I've talked to them as well, say listen, 'If you get other countries around the world to start paying their fair share, we no doubt will lower our prices in America,'" said Duffy.

"They made that commitment. I've heard them say it privately and I think they'll say it publicly. This is patients and driving down the cost of care and open up waivers for states. In Wisconsin where we had healthcare that worked, a high-risk pool helped take care of those with preexisting conditions."

He acknowledged other states will be different, but they should be given the power or control to meet the needs of their populations, said Duffy.

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Politics
If Congress can get drug companies to pay their fair share and "stop freeloading," prices can be lowered for American patients, but Democrats keep pushing hard for socialized medicine, Rep. Sean Duffy said Thursday.
drug, prices, congress
338
2018-57-31
Thursday, 31 May 2018 02:57 PM
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