Inflation Reduction Act, CMMI and Other Policies May Be Inhibiting Pharmaceutical and Medical Device Innovation, Prices and Patient Access

Inflation Reduction Act, CMMI and Other Policies May Be Inhibiting Pharmaceutical and Medical Device Innovation, Prices and Patient Access

EXECUTIVE SUMMARY The House Ways and Means Committeeā€™s Subcommittee on Health convened a hearing to discuss how current legislation, regulations and other agency actions are shaping pharmaceutical and medical device innovation, prices and patient access. Topics discussed include praise for lower out-of-pocket costs as a result of the Inflation Reduction Act (IRA) yet concerns about the unintended impact of IRA… (Joyce, May 15, 2023) #340B, #Affordable Care Act, #Biosimilars, #Costs, #COVID-19, #Demonstration Programs, #Disproportionate Share Hospitals (DSH), #Drug Pricing, #Food and Drug Administration, #Generic Drugs, #Insurance Coverage, #Medical Devices, #Pharmacy Benefit Managers, #Rural Health