May 5, 2018
Statement: IWF Commends Pres. Trump for Addressing High Drug Costs
Washington, DC — Independent Women’s Forum Policy Director Hadley Heath Manning today released the following statement in response to President Trump’s speech on high prescription drug prices:
“We commend President Trump and his administration for addressing the critical issue of high drug costs. This issue affects the daily lives of millions of Americans and their loved ones.
“The President accurately described the complex problem of high drug costs today by noting how our current system lacks transparency, competition and choice. American markets for drugs are distorted due to the disproportionately large role of third-party payers, including government. Foreign governments also take advantage of American innovation and implement misguided regulations that create artificially low foreign prices, which can raise American prices above what is fair.
“We look forward to seeing the administration address these problems and continue other good policies that strengthen avenues for competition and balance important considerations — like intellectual property protections — with drug affordability. We hope the President and other leaders will avoid expanding government's heavy hand in our healthcare sector, but rather will work to empower patients and consumers with information, affordability and choice.”
Independent Women's Forum works to improve the lives of Americans by increasing the number of women who value free-markets and personal liberty.