June 19, 2019 - Issue: Vol. 165, No. 103 — Daily Edition116th Congress (2019 - 2020) - 1st Session
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Prescription Drug Costs (Executive Session); Congressional Record Vol. 165, No. 103
(Senate - June 19, 2019)
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[Pages S3809-S3810] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] Prescription Drug Costs Madam President, a recent briefing told us a story that most Americans can, certainly, understand. People are saying: I can't afford to have cancer. What does that mean? It means the obvious--that 40 percent of Americans lose their entire life savings in 2 years or less after having a cancer diagnosis. The cost of healthcare, particularly for a serious illness, is so high that if you don't have a really good health insurance plan, it will wipe you out. That is the reality. So is it any wonder that we are concerned about the lawsuit filed by the Trump administration and supported by Republican State attorneys general that would remove the guarantee in the law that reads that people with preexisting conditions can have health insurance? That, to me, is fundamental. Over a majority of Americans either have a preexisting condition or have someone in the family with such a condition. Without the protection of health insurance, people can find themselves literally wiped out. When we hear that fewer than 50 percent of the people in this country have $1,000 in savings, we can understand that even a trip to an emergency room can wipe out the meager savings people have been able to put together during the course of their lifetimes. Why do Republicans and this President still seem determined to lessen the coverage of health insurance for an American population that is so vulnerable to the high cost of healthcare? When you ask the major insurance companies what is driving up the cost of health insurance premiums, they tell you it is pretty obvious. More than anything, it is the cost of prescription drugs. Last night, in Florida, President Trump announced his plans for reelection. I guess my first question to him is this: Will you finish what you promised 4 years ago? On two of the things he promised-- infrastructure and doing something about prescription drugs--he has done nothing. How bad is the prescription drug situation in this country? As I said, it is the biggest driver of the increase in health insurance premiums. When you look at the specifics, you can see it. Take a look at America's insulin scandal. Insulin was discovered almost 100 years ago by two Canadian researchers who surrendered the U.S. patent rights for $1 and said at the time that no one should ever get rich on this lifesaving drug. Now look at what we are faced with-- Humalog, made by Eli Lilly, a common insulin product. Humalog cost $21 a vile in 1996. That same vile of Humalog today costs $275--$21 to $275 unless you live in Canada. If you live in Canada, the exact drug, made by the same company, sells for $39. It costs $39 just across the border in Canada and $275 here in the United States. Is it any wonder that people with diabetes are rationing their insulin and, in doing so, endangering their health, with, sadly, many losing their lives because of that decision? Why aren't we taking this on? The American people identify this as one of their major concerns when it comes to their economic vulnerability. We are not taking it on because of the political muscle of PhRMA and the pharmaceutical companies. Sadly, they have this Chamber in a position where we are not entertaining legislation that would control prescription drug pricing, and, frankly, we have no legislative proposal coming forward by the Trump administration. There are many good ideas out there. For example, do you ever see an ad for a pharmaceutical drug on television? If you don't, then you don't own a television. You can barely turn them on now without some ad for pharma drugs. It reaches the point where people learn how to pronounce and even spell Xarelto, having watched the ad so many times, and they can recite back to you what is said about various drugs that are advertised over and over. The problems is, of course, that all of the information they give you, as fast as they can talk in 60 or 90 seconds, never includes the price. It never includes the price. HUMIRA, the most heavily advertised drug on television today--how much does it cost for this drug to treat psoriatic arthritis and to clear up the little red spot of psoriasis on your elbow? It costs $5,000 a month--$5,000 a month. If they were forced to advertise the price of the drug, with all of the claims that they make for the drugs, Americans would at least be notified about what they are getting into if they go to a doctor and ask for HUMIRA, but they will not. They refuse to disclose it. So in fairness, the Trump administration's Dr. Azar, the head of HHS, called me last year and said he supported the bill that I had introduced calling for price disclosure. The administration is trying to do this by regulation, and I applaud them for that. There is so much more we can do, but I applaud them for that. Who turned around to sue them in court to stop the requirement of price disclosure on ads? The pharmaceutical companies, including Eli Lilly, the one I just mentioned that has the scandalous pricing of insulin. They don't want Americans to know what they are charging for these drugs. They would rather fight this out over emails between insurance companies and prescription benefit managers and the like. Well, it is time for us as a Congress, Democrats and Republicans, to acknowledge that we have had enough of this. We want pharma to be profitable so that they engage in more research for more cures, of course, but we can't stand by idly and watch this price gouging at the expense of American patients, those with diabetes and other serious conditions. We should insist, when it comes to pharma, that they have actual price competition. They can have a patent period where they have exclusive rights to sell a drug. That is the incentive for them to discover these drugs. But there comes a point when there are supposed to be other drugs on the market--generic drugs--that offer the same benefits as the original brand-name drugs but at a much lower price. That was the design of the system. It has fallen apart. The major drugs for sale in the United States today are going up precipitously in price. In the first 2 years of the Trump administration, 2,500 major drugs in this country saw their cost increase by double digits. That is what we are faced with while the Senate does nothing. Senator McConnell was here today speaking about the agenda and what we need to do. Well, I certainly agree with him. The situation at our border needs to be addressed, and it should be quickly. We are going to take it up this morning in the Appropriations Committee. But beyond that, we need to take a step to deal with the issues that people really care about, issues that affect their daily lives, and No. 1 on that list--and they tell us No. 1 on their own list--is the cost of prescription drugs. Now is the time for this Congress and Senate to act. You see this empty Chamber? It should be filled with Members of the Senate debating bills to [[Page S3810]] bring down the high cost of prescription drugs. Instead, it is silent, and the best we can do is to get a speech from a Senator from Illinois. So I hope someone is listening, and I certainly hope Senator McConnell's office is listening.
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