• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

July 13, 2026

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Monday, July 13
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Texas Hispanics swung hard to Trump. A new poll shows they’re furious at his deportations.

    July 12, 2026

    The high-stakes, battleground Senate race that no one is talking about

    July 12, 2026

    Lindsey Graham’s Passing Is Another Stage In The Death Of Trumpism

    July 12, 2026

    How ICE melted from view at the World Cup

    July 12, 2026

    The secret to becoming a sporting superpower

    July 12, 2026
  • Health

    Lindsey Graham Cause Of Death, Aortic Dissection. An ER Doc Explains

    July 13, 2026

    Supporting Science Is An Act Of Patriotism

    July 13, 2026

    AAIC 2026: Researchers focus on tau, target blood-brain barrier

    July 12, 2026

    Lindsey Graham’s Sudden Death Sparks Questions About Cardiac Arrest

    July 12, 2026

    July 13 Is Deadline To Comment On New Trump OMB Rule That Shifts Power

    July 12, 2026
  • World

    Iran Ceasefire is Over, But Talks to Continue

    July 13, 2026

    Texas Man Gets 40 Years for Leading Violent Online Child Exploitation Ring

    July 13, 2026

    Colombia’s Incoming Conservative Admin to Close Its Embassy in Cuba

    July 13, 2026

    Iran Reports New Attacks On Military Targets On Its Largest Island Near The Strait Of Hormuz

    July 13, 2026

    Factory Fire in ‘Shoe Capital’ City Kills at Least 28

    July 13, 2026
  • Business

    ATF Rule Could Cause Classic Showdown Between Mom And Pop Shops Versus Online Retailers

    July 10, 2026

    Costco Shows That You Can Build A Thriving Business With One Simple Trick (Pay Your Workers)

    July 9, 2026

    The Agency Elizabeth Warren Built Now Advances Trump’s Agenda

    July 9, 2026

    Meta To Shell Out Billions For New AI Data Center Outside US

    July 9, 2026

    How Big Banks Are Scheming To Jack Up Your Fees

    July 8, 2026
  • Finance

    He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

    July 13, 2026

    Mark Cuban has strong words on AI companies and job losses

    July 13, 2026

    Spectrum makes significant decision as customer losses mount

    July 13, 2026

    Costco and Walmart capture grocery-store crowns

    July 13, 2026

    Leading energy company files for bankruptcy

    July 13, 2026
  • Tech

    LAPD Cuts Ties with License-Plate Camera Vendor over ‘Who Owns the Data’

    July 12, 2026

    Apple Lawsuit Accuses OpenAI of Stealing Trade Secrets in Massive Scheme

    July 11, 2026

    Bloomberg Claims Startup Co-Founded by Bill Gates’ Daughter Cheats on Sales Credit

    July 11, 2026

    Nobel Prize-Winning Chemist Leaves U.S. to Join Chinese AI Project

    July 11, 2026

    European Commission Finds Meta Violated Digital Services Act with Addictive Design Features

    July 11, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Health»Lawsuits To Block Medicare Drug Price Negotiations Are Very Unpopular
Health

Lawsuits To Block Medicare Drug Price Negotiations Are Very Unpopular

October 1, 2023No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Lawsuits To Block Medicare Drug Price Negotiations Are Very Unpopular
Share
Facebook Twitter LinkedIn Pinterest Email

President Joe Biden signs the Inflation Reduction Act of 2022 into law during a ceremony in the … [+] State Dining Room of the White House in Washington, DC, on August 16, 2022. Legal challenges to the IRA’s drug pricing provisions have been filed by the Chamber of Commerce and a number of pharmaceutical manufacturers. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)

AFP via Getty Images

The Inflation Reduction Act’s prescription drug pricing provisions include price negotiations between Medicare and drug manufacturers for a limited subset of pharmaceuticals. Thus far, this particular stipulation in the law is subject to eight legal challenges. Six manufacturers and two industry groups have filed suits seeking to declare drug price negotiations unconstitutional or unenforceable.

Yet it’s the IRA’s drug pricing components that are viewed very favorably by voters on both sides of the political spectrum. Accordingly, the industry’s lawsuits to block Medicare from price negotiations are quite unpopular among constituents.

While some Republicans have talked about repealing the IRA, they’ve generally focused their attention on sections of the $737 billion bill which include green energy, climate change and bolstering Internal Revenue Service enforcement. They haven’t spoken as much about the IRA’s provisions aimed at lowering patient out-of-pocket spending on prescription drugs by seniors and disabled people enrolled in Medicare. There’s perhaps good reason for this, as it’s precisely these parts of the legislation that are resoundingly popular.

A national survey released two weeks ago shows that Americans overwhelmingly–by more than a five-to-one margin–oppose the pharmaceutical industry’s lawsuits attempting to impede Medicare from directly negotiating lower prescription drug prices. What may concern the industry is that by an almost four-to-one margin voters don’t believe the argument that lower negotiated prices will eventually lead to fewer new treatments.

It’s not as if the pharmaceutical industry’s line of reasoning is completely bogus. The IRA may reduce investment in research and development, which in turn could lead to fewer drug approvals down the road. The Congressional Budget Office estimated that the IRA’s drug price negotiations would result in “less innovation,” specifically two fewer drugs being brought to market over the next decade, five fewer pharmaceuticals in the following 10 year period, and eight fewer drugs in the decade after that. Furthermore, other estimates suggest steeper declines in approvals over time.

But it appears that this is not something the average person in the street takes note of. Nor do most people realize that high out-of-pocket expenses for consumers aren’t solely the result of drug company policies. Certain actors in the drug supply chain, including pharmacy benefit managers, also play a role. However, a nuanced discussion of drug pricing doesn’t resonate.

What folks want is immediate relief from the ever-increasing out-of-pocket costs on prescription drugs. And they see the drug industry as the number one culprit.

Seen in this light, only 18% of Americans view the pharmaceutical industry favorably. That’s a new record low in favorability ratings.

Moreover, according to the survey the legal actions taken to oppose what Medicare is implementing seem to be reinforcing the negative attitude many Americans have. Poll results show that the respondents who viewed drug firms unfavorably increased from half to two thirds upon hearing about the lawsuits.

Politically, there’s an electoral risk here for Republican incumbents and challengers alike, which may explain the reluctance of some legislators to side with the drug industry.

But there’s also a problem for the pharmaceutical industry itself in terms of its public image. Broader support among ordinary citizens can help shape what lawmakers do in Washington DC, to boost the industry’s fortunes, for example, through tax incentives, research subsidies and improvement in access to biopharmaceuticals provided under the government programs, Medicare and Medicaid.

On the other hand, a wary or critical public could harm pharma’s standing among legislators on both sides of the aisle. Consider, for instance, that among Democrats and even a number of Republicans there is backing for measures that could be more impactful than the IRA.

House Democrats want to expand the scope of the IRA by increasing the numbers of drugs eligible for negotiation while extending the applicability of negotiated prices to employer-sponsored health plans and those offered on the state insurance marketplaces.

And, while in office as President the now likely presidential nominee of the Republican Party, Donald Trump, issued executive orders that would have pegged the prices of certain pharmaceuticals to the average or lowest price among our peers. International price referencing may pose a greater threat to the pharmaceutical industry than any provision included in the IRA. As a reminder, Trump has repeatedly criticized the industry for “unfair pricing” behavior and “getting away with murder.”

In the end, the pharmaceutical industry must ask itself whether the fight against IRA drug price negotiations is worth pursuing. From a judicial perspective it may not be, as last week’s rejection by a U.S. District Court in Ohio of the Chamber of Commerce’s request for a court injunction suggests. Perhaps most concerning from the industry’s viewpoint is the fact that the judge ruled the “law established in the Sixth Circuit and beyond is clear: Participation in Medicare, no matter how vital it may be to a business model, is a completely voluntary choice.” It’s possible that this kind of legal reasoning becomes a recurring theme in judges’ decisions on the cases brought before them.

In addition, the litigation may backfire. It could cause an already adversarial Congress to become more so, on both sides of the aisle, as constituents voice their displeasure. For an industry that already has a public relations problem the suits challenging the legality of Medicare drug price negotiations may not be a hill it wants to die on.

See also  New test strips can detect lethal xylazine in drug supply
Block Drug Lawsuits Medicare Negotiations Price Unpopular
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Lindsey Graham Cause Of Death, Aortic Dissection. An ER Doc Explains

July 13, 2026

Supporting Science Is An Act Of Patriotism

July 13, 2026

AAIC 2026: Researchers focus on tau, target blood-brain barrier

July 12, 2026

Lindsey Graham’s Sudden Death Sparks Questions About Cardiac Arrest

July 12, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Beijing Preparing for Vladimir Putin Visit in October

July 14, 2023

WATCH LIVE: President Trump Speaks at Lee County GOP Dinner in Florida | The Gateway Pundit

April 22, 2023

Cuban Teens Say Russian Construction Job ‘Scam’ Landed Them in Ukraine War

September 3, 2023

Rays’ Junior Caminero Accomplishes Historical Feat By Hitting Homers In Not 1, Not 2, Not 3, But 6 Straight Games

July 2, 2026
Don't Miss

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

Finance July 13, 2026

wirestock/Envato Some workers have been mandated back to the office after settling into work-from-home life,…

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026

Donald Trump Was Target Of ‘Very Specific’ Iranian Assassination Plot

July 13, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,399)
  • Entertainment (5,644)
  • Finance (4,166)
  • Health (2,460)
  • Lifestyle (1,897)
  • Politics (3,861)
  • Sports (4,852)
  • Tech (2,371)
  • Uncategorized (4)
  • World (5,620)
Our Picks

U.S. calls Pan Gongsheng China’s central-bank ‘head’, suggesting unannounced promotion

July 9, 2023

‘Fortnite’ Developer Epic Games Defeats Google in Landmark Antitrust Case

December 13, 2023

Australian TV Deal Has World Cup Viewers Asking: Where Are the Games?

July 28, 2023
Popular Posts

He works two hours a month to make six figures a year — why he says ditching the 9-to-5 is ‘the ultimate power’

July 13, 2026

Tributes Pour in for New Zealand Actor Sam Neill, a Look at His Life and Career

July 13, 2026

Iran Ceasefire is Over, But Talks to Continue

July 13, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.