Software makers invariably leave security vulnerabilities in their products. They take pains to remove bugs and most test the software thoroughly to reveal shortcomings. They rarely catch all the potential problems even when they apply a lot of time, skill and money. Those who claim software can be thoroughly debugged and vulnerability-free reveal their inexperience […]
For consumers, personal sound amplification devices can boost sound that is too faint for most of us to hear. This technology can be used by consumers who want to temporarily heighten their hearing, including the use of headphones and equipment used to modestly boost the sound on telephones, listening devices and other audio amplification, and […]
Pharmacy benefits managers (PBMs), companies that administer prescription drug plans on behalf of insurers and employers, have recently come under increased scrutiny for the role they play in increasing prescription drug costs. By acting as middlemen in the process of negotiating drug prices between drug manufacturers and health plans, they create “an environment for conflicts […]
Today, ACI joined a broad coalition of nonprofit groups in opposition to a Congressional proposal to give the FDA authority to regulate over-the-counter personal sound application devices sold in many stores, including Best Buy, Walmart and others. These regulations would do little to benefit consumers, but would certainly lead to significantly higher consumer prices. Download the Letter.
The purpose of penalties such as fines and jail time is to address and correct perpetrators’ bad behaviors, whilst signaling to others that illicit behavior will not be tolerated – “crime will not pay.” However, when it comes to the business of counterfeit prescription medications, law enforcement falls far short as an effective deterrent. To […]
Today, a coalition of organizations sent a letter to Maryland Governor Hogan objecting to a bill that gives the State’s Attorney General additional authority over competitive generic drug pricing — drugs that are typically 80% lower than their name brand counterparts. The letter is signed by American Consumer Institute, Consumer Action for a Strong Economy, FreedomWorks, Frontiers of Freedom, Independent Women’s […]
Despite a lot of big ticket consumer-oriented issues coming into focus for Congress lately, like healthcare and tax reform, it is also apparent that the United States Postal Service (USPS) and its chaotic operations have also had the attention of some legislators on Capitol Hill. For the new administration, the possibility of fixing the long-plagued […]
Senator Thomas M. Middleton, Chair Senator John C. Astle, Vice-Chair Senator Joanne C. Benson Senator Brian J. Feldman Senator Stephen S. Hershey, Jr. Senator J. B. Jennings Senator Katherine A. Klausmeier Senator James N. Mathias, Jr. Senator Nathaniel T. Oaks Senator Edward R. Reilly Senator James C. Rosapepe Dear Senators: The American Consumer Institute, a nonprofit educational […]
Pharmacy benefit managers (PBMs) administer prescription drug plans on behalf of insurers and employers. In the process, they negotiate reimbursement terms with pharmacies and drug prices with drug manufacturers. While plan sponsors face the direct financial costs of the prescription plans being offered to its members or employees, PBMs act as middlemen in the process. […]
Congress takes a lot of heat for gridlock, partisanship and failing to keep its promises. We should applaud it when it takes strong pro-consumer actions like it is right now. To read our latest piece, visit Forbes.