Note: The Roosevelt Rundown will be on hiatus next week. Happy
Thanksgiving to you and yours!
How a President Could Cut
Drug Prices
Executive action could be the key to
curbing runaway drug prices, as Roosevelt Fellow Julie Margetta Morgan
and Roosevelt Vice President for Advocacy and Policy Steph Sterling
write in a new report for the Great Democracy Initiative. “There are
many proposals in Congress to address high drug prices, but
partisanship and policymakers’ deep ties to the pharmaceutical
industry stand as barriers to congressional action. There are several
things a presidential administration could do to help ensure
affordable prescription drugs and encourage innovation in drug
research without waiting for Congress.” Read
on.
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Another angle: “Sens. Cory Booker and Bernie Sanders
are pushing for the creation of a new federal agency aimed at
controlling the rising cost of prescription drugs. The pair, who are
both vying for the 2020 Democratic presidential nomination, proposed a
bill [last] Friday that would create a Bureau of Prescription Drug
Affordability and Access, which would be responsible for determining
the list prices of medications. The big stick: If a drug maker didn't
comply, the government would void its exclusivity protections and
allow other companies to produce generic versions of the
medicine.” Read
more from CNN.
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On the hill: “We
can’t allow Big Pharma to continue taking advantage of seniors with
exorbitant costs. That’s why I introduced HR 5309, the Life-Sustaining
Prescription Drug Relief Act of 2019, which would lower the cost of
life-sustaining prescription drugs for seniors and others on
Medicare,” Rep. Dan Lipinski (D-IL) writes for The
Hill. “This
legislation allows the secretary of Health and Human Services (HHS) to
leverage the purchasing power of the federal government along with
prescription drug pricing data from other developed nations to ensure
seniors receive better pricing and are not price-gouged on
life-sustaining medications.”
Why a Public Option Won’t Be
Universal
“What the public cares about is
whether they will see relief—whether their deductibles can be
eliminated without their premiums going up, whether they can find
doctors near their home to choose from, and whether they can freely
tend to their own well-being,” Roosevelt Fellow Naomi Zewde writes for
the blog. “The public option conveniently leaves these questions
largely unanswered. The best option for truly universal health care is
a single-payer system.” Read
on.
Why
Affordable Student Health Insurance Matters
In the absence of universal health
care, gaps in coverage and high premiums plague millions. As 2017 Roosevelt Network summer fellow
Cara Schiavone proves, however, college students can rewrite the rules
on campus. After over a year of research
and advocacy,
Schiavone and her team of George Washington University classmates
helped secure landmark changes to GW’s student health insurance plan
and health services in 2018—including an opt-out insurance waiver, the
establishment of an electronic health records system, and the
expansion of free mental health services. Eighteen months later, the
results speak for themselves: a $1,400 reduction in premiums with no
change in coverage quality. Read
more from Schiavone on the
blog.
How We Can Tax Away Excess CEO
Pay
“Ambitious tax reform is top of many
minds this primary season. A wealth tax has emerged as one of the
defining issues of the campaign, and many of the bold public programs
envisioned by progressives rely on new or higher taxes on the wealthy
and corporations. One tax idea that is gaining more attention is ready
for its moment: graduated taxes on corporations that pay their CEOs
lavishly but pay workers a relative pittance,” Roosevelt
President & CEO Felicia Wong writes for the blog. One takeaway:
Taxing corporations with CEO-worker pay ratios over 400:1 could raise
as much as $50 billion annually. Read
more.
How
Progressive Philanthropy Can Save
Democracy
“By failing to address the
underlying systemic power imbalance built into this country,
progressives, ironically, have perhaps unwittingly helped to enable
the level of corruption and consolidation of power we’re seeing at
this moment. We believe, however, that progressive philanthropy could
help rectify this,” Roosevelt Director of Development Juliette Kang
Stableski and Roosevelt Network National Director Katie Kirchner write
for Nonprofit
Quarterly.
Read
on.
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