generic – Hillary Clinton Speeches

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On Friday, Hillary Clinton announced a plan to combat the rising cost of prescription drugs, particularly the excessive rise in costs of live saving prescriptions like the EpiPen. Clinton’s plan would create a federal team to monitor drug prices and track increases. Her plan also provides several actions the government could take when drug prices have been raised excessively such as fines and increased access to treatment programs. An outline of Clinton’s proposal is below, and the full plan can be read on The Briefing.

Making alternatives available and increasing competition
Emergency importation of safe treatments
Penalties for unjustified price increases to hold drug companies accountable and fund expanded access
Dedicated oversight to protect consumers
Strong new enforcement measures to respond when there are unjustified, outlier price increases that threaten public health
- Directly intervening to make treatments available, and supporting generic and alternative manufacturers that enter the market and increase competition to bring down prices
- Broadening access to safe, high-quality generic and alternative competitors through emergency importation
- Holding drug makers accountable for unjustified price increases with new penalties – and using the funds to expand access and competition
Cap monthly and annual out-of-pocket costs for prescription drugs to save patients with chronic or serious health conditions hundreds or thousands of dollars
Clear out the FDA generic backlog
Prohibit “pay for delay” arrangements that keep generic competition off the market
Ensure American consumers are getting value for their drugs
Stop direct-to-consumer drug company advertising subsidies, and reinvest funds in research
Require drug companies that benefit from taxpayers’ support to invest in research, not marketing or profits
Allow Medicare to negotiate drug and biologic prices and demand higher rebates for prescription drugs in Medicare

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News Source: The Briefing, The New York Times

On Tuesday, Hillary Rodham Clinton continued addressing heath care issues by announcing her plan to curb the rising costs of prescription drugs. Speaking at Moulton Elementary School in Des Moines, Iowa, Clinton said that, “We’re going to add on to the good work that was done by the Affordable Care Act.” The plan she outlined would require pharmaceutical companies to reinvest profits into research, allow for the import of drugs from other countries, expand opportunities for generic medications, allow Medicare to negotiate for lower drug costs, and cap the out-of-pocket expense for everyday Americans with chronic health issues.

Clinton made it clear that she would tougher on the companies, especially since many of them receive tax payer funded grants from the government to supplement the funding of their research. Then, they charge an exorbitant amount for the drug. She said, “That is not the way the market is supposed to work. That is bad actors making a fortune off of people’s misfortune. Pharmaceutical companies can charge astronomical fees, far beyond anything it would take to recoup their investment and far beyond.” Read a full fact sheet of Clinton’s plan from The Briefing.

Clinton also made headlines during the event when she declared that she is against the building of the Keystone XL Pipeline. She said, “I think it is imperative that we look at the Keystone XL pipeline as what I believe it is: A distraction from the important work we have to do to combat climate change, and, unfortunately from my perspective, one that interferes with our ability to move forward and deal with other issues. Therefore, I oppose it. I oppose it because I don’t think it’s in the best interest of what we need to do to combat climate change.” The video below is not complete and will be updated when/if a full is available.