Today, nearly 80 percent of all prescriptions in the U.S. are filled with generics, and the percentage will rise when more than 10 major drugs go off patent in 2012. Late last month, the most popular drug in history, Lipitor, went off patent, allowing a generic version of the cholesterol-lowering drug to enter the market and be sold at lower prices. Pfizer has developed a novel program that … [Read more...] about Lipitor And The Future Of Pharmaceutical Innovation
A Preview of ObamaCare's "Rescue" Programs
With good news about ObamaCare in such short supply, supporters of the health overhaul law are circulating widely an article published in the Los Angeles Times written by a California woman grateful for her coverage under one of the law's early programs. Called "ObamaCare to the rescue," the article by Spike Dolomite Ward describes how "A woman who felt President Obama had let the middle class … [Read more...] about A Preview of ObamaCare's "Rescue" Programs
A Radical Restructuring of Health Insurance
One of the most fervent promises President Obama made to the American people before passage of the health overhaul law was “If you like your health care plan, you will be able to keep your health care plan. Period. No one will take it away. No matter what.” But, even before the law fully takes effect, millions of people are losing “the coverage they have now,” and tens of millions more surely … [Read more...] about A Radical Restructuring of Health Insurance
Obamacare’s Fatal Flaws
Congress made a serious drafting error in the health-overhaul law when it said that subsidies could be delivered through state exchanges but not through any federal fallback exchanges. (Michael Cannon of the Cato Institute wrote about this in the Wall Street Journal recently.) The Obama administration has been trying an end-run around the problem by ordering the IRS to simply say in its proposed … [Read more...] about Obamacare’s Fatal Flaws
CLASS Act: Not Dead Yet
The House Energy and Commerce Committee has approved a bill to repeal the controversial long-term entitlement program — the CLASS Act — in Obamacare, following the administration’s admission that the Ponzi scheme program is unworkable. This vote paves the way for the full House of Representatives to vote on repealing the entitlement program. “We must erase a program that we know will not work; … [Read more...] about CLASS Act: Not Dead Yet
ObamaCare Takes On More Water
How much of this can ObamaCare withstand before it sinks on its own? SICKER EMPLOYEES COULD BE SHOVED OUT Two University of Minnesota law professors write that ObamaCare actually provides incentives for “targeted employer dumping” of sicker workers into taxpayer-subsidized health exchanges. The article, “Will employers undermine health care reform by dumping sick employees?” by Amy Monahan and … [Read more...] about ObamaCare Takes On More Water
November 2011 Highlights
Every week — even every day — we get new information about how massively flawed and destructive ObamaCare is. The spotlight now is on the mandate that everyone must have government-approved health insurance — the issue at the center of the legal challenges to the law. We had an article published in The Wall Street Journal November 9 explaining why the individual mandate can never work and why 82% … [Read more...] about November 2011 Highlights
ObamaCare Goes to the Supremes
The Left is very, very concerned about the fate of ObamaCare as challenges head to the Supreme Court. You will recall former Speaker Nancy Pelosi responding, when she was questioned about its constitutionality before the final vote, "Are you serious? Are you serious?" Yes, we are serious. MIT Prof. Jonathan Gruber, a key architect of the law, was interviewed on Monday a few hours after the court … [Read more...] about ObamaCare Goes to the Supremes