Lower Prescription Drug Costs

Lower Prescription Drug Costs

Lower the costs of prescription drugs and foster innovation to find new cures

  • Problem: American families should not have to choose between putting food on the table and paying for medication. The prescription drug system can be complex and lack transparency, often limiting awareness and choice for patients, sometimes suppressing competition, and artificially inflating pricing. Unbalanced incentives and cost-sharing can also sometimes lead to increased and unaffordable out-of-pocket prescription costs for patients.
  • Solution: Congress should focus on durable solutions that lower drug prices, bring more options to the market, and create transparency. The NDC believes Congress should:
    • Promote transparency in options, costs, and pricing of medications
    • Promote innovation by making significant investments in research and development in new treatments and cures
    • Spur and support competition in prescription drug markets
    • Enact policies to lower prescription drug costs for patients
  • More on those bills.