May 11, 2018

Cassidy: President Trump’s Plan Will Lower Drug Prices

WASHINGTON—U.S. Senator Bill Cassidy, M.D. (R-LA), a member of the Senate Health, Education, Labor and Pensions Committee, released the following statement in support of President Trump’s plan to lower drug prices and reduce out-of-pocket costs. Cassidy was in attendance at the White House today for the president’s remarks.

“As a doctor, I loved it when the president said he wants to put patients first. He laid out a way to take power away from special interests—protecting innovation, but not protecting drug monopolies,” said Dr. Cassidy. “This plan will lower prices in the near term and continue to lower prices in different ways over the next several years. We are going to make health care affordable again.”

This year, Cassidy introduced legislation to prohibit “Gag Clauses” that cause consumers to pay higher prices for prescription drugs and increase accountability in the 340B program to ensure drug discounts are passed on to patients.

He also encouraged CMS Administrator Seema Verma to take action to improve drug pricing transparency in Medicare Part D.