A group of 29 nonprofit organizations filed a letter with the FDA calling on them to foster the development of a robust biosimilars market, which would ultimately reduce prescription drug costs and provide patients with access to more affordable therapies. The letter is available online.
ACI filed comments regarding the Federal Trade Commission’s (FTC) role in protecting consumer privacy and security and ensuring the competitiveness of U.S. markets while not imposing unnecessary costs on private parties or governmental processes. The filing can be downloaded here.
The story of mall closures is complex, but creditors could be the unsung lynchpins in America’s ever-widening retail closure pandemic. To read our commentary, visit Investor Business Daily.
Over the past three months, the USPS announced today that they lost an additional $1.5 billion. As total losses for FY2018 climb to $3.3 billion, USPS management continues to deflect blame as opposed to rolling their sleeves up and figuring out how to better manage their finances. President of American Consumer Institute, Steve Pociask emphasized […]
What if there was a way to simultaneously reduce the stunning levels of health care fraud in the United States while also combating the opioid crisis ravaging our communities? Well, there is. To read this op-ed, please visit the Morning Consult.
Replacing the current Medicare card with a high-tech “smart card” could help prevent billions of dollars in fraud while reducing medical errors and saving lives. To Read this op-ed, visit Real Clear Health.
Lowering the consumer price for a drug is in the public interest, provided that its sales margin recovers its development cost. Pharmaceuticals do not spontaneously emerge like weeds in a field. They are complex chemical or biological agents that are painstakingly designed and extensively tested for safety and efficacy. That said, there are steps worth […]
Forty-seven groups sent a letter to the House of Representatives calling for all of the individual tax provisions from the “Tax Cuts and Jobs Act” to be made permanent. The coalition letter is available here.
A group of nonprofit organizations representing millions of American consumers sent a letter to Senate Chairman Mike Crapo in support of Kathy Kraninger, who was nominated for the Bureau of Consumer Financial Protection. The letter is available here.
Additional consolidation in the health care industry is underway. Concerns about consolidation creating oversized companies naturally escalate in segments of the health care industry such as pharmaceuticals, distribution and insurance. A recent AMA study found that the prices of labor, pharmaceuticals, devices and administrative costs explain the almost double cost of health care in the […]