Articles

  • Jan 22, 2025 | statnews.com | Darius Lakdawalla

    Adobe Soon, the Centers for Medicare and Medicaid Services will begin the price negotiation process on a new set of 15 drugs. The new Trump administration should seize the opportunity to change the program to protect the most valuable drug innovation, while also cutting spending on low-value treatments. Peer-reviewed evidence clearly shows that medical innovation suffers when innovators earn less.

  • Jul 22, 2024 | healthpolicy.usc.edu | Karen Van Nuys |Stephanie Hedt |Geoffrey F. Joyce |Darius Lakdawalla

    Patients and consumers bear the costs of an inefficient pharmaceutical distribution system through higher costs at the pharmacy counter and reduced access to critical therapies. As policymakers consider reforms to the drug supply chain, they should keep five principles in mind to ensure better outcomes for patients.

  • May 26, 2023 | thehill.com | Dana P. Goldman |Darius Lakdawalla

    The Inflation Reduction Act of 2022 makes the most dramatic changes to American healthcare since the Affordable Care Act 13 years ago. Of particular note, it empowers Medicare to begin setting ceilings on prescription drug prices.  But the success of the IRA will be measured not just by how much it can lower prices, but also by whether it continues to encourage drug makers to invest in new treatments.

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