Health Subcommittee to Hold Hearing on Proposals to Lower Drug Prices for Americans

Health Subcommittee to Hold Hearing on Proposals to Lower Drug Prices for Americans

The following press release was published by the House Committee on Energy and Commerce on Sept. 18, 2019. It is reproduced in full below.

Energy and Commerce Chairman Frank Pallone, Jr. (D-NJ) and Health Subcommittee Chairwoman Anna G. Eshoo (D-CA) announced today that the Health Subcommittee will hold a hearing on Wednesday, Sept. 25, at 10:30 am in 2322 of the Rayburn House Office Building. The hearing is entitled, “Making Prescription Drugs More Affordable: Legislation to Negotiate a Better Deal for Americans."

“Across the nation, millions of Americans struggle to keep up with the soaring cost of prescription drugs without any relief in sight," Pallone and Eshoo said. “We have a broken system that forces many Americans to skimp on medications while driving up health insurance premiums and creating unaffordable costs for taxpayers.

“The status quo is unacceptable and unsustainable. It’s time for Congress to act on behalf of consumers by passing legislation that lowers prescription drug prices and negotiates a better deal for them. Next week’s hearing will kickstart that process with consideration of legislative proposals that rein in drug prices and hold the pharmaceutical industry accountable to the people."

Information for this hearing, including the Committee Memorandum, legislation, witness list, testimony and a live webcast will be posted HERE as they become available.

Source: House Committee on Energy and Commerce