Enclosures in the best way forward and handling payment disputes. This is two hours and 20 minutes [inaudible conversations] the committee on Health Education labor and will come to order. Senator murray has an important meeting right now and she has asked me to proceed with the hearing because we have six excellent witnesses and we want to make sure that we hear from each of you. We want the senators to have a chance to ask questions of each of these so patty should arrive around 10 lock. When she comes we will enter and let her make her Opening Statement and then we will resume the hearing. Good morning senator murphy. Nearly a year ago after brent james from the National Academy testified before the Senate Health committee with a startling statistic. Up 21 2 of what the American People spend on Health Care May be unnecessary. Let me repeat that. Up to half of the 3. 5 trillion the United States collectively spent on health care in 2017 was unnecessary according to dr. James and many
Social media. On twitter, cspanwj. On facebook, it is facebook. Com cspan. A very good saturday morning to you. You can start calling it now. Having this conversation after a historic week when it comes to opioid litigation. On monday. T happened the drugmaker Johnson Johnson was found to be was on support for contributing to oklahomas Opioid Crisis and ordered by a Court District judge to pay 572 million in fines. On tuesday, Purdue Pharma was reported to be in talks to pay between 10 billion and 12 billion to settle some 2000 opioidrelated lawsuits brought by states, cities, and counties. This was the scene in that oklahoma courtroom when the judge announced his decision in that Johnson Johnson case. [video clip] the Opioid Crisis is an eminent danger, and my judgment includes findings of fact and the law of the state mets its burden that the defendant, misleading inson, includingection one, the finding that those actions compromised the health and safety of thousands of oklahomans,
[inaudible conversations] the committee on Health Education and labor and pensions will come to order. Senator murray has an important meeting right now and she is asked me too proceed with the hearing because we have six excellent witnesses and we want to make sure we hear from each of you and we want the senators to has questions of each of you. So patty should arrive at about ten. When she comes we will interrupt and let her make her Opening Statement and we will resume the hearing. Good morning senator murphy. Nearly a year ago doctor brent james from the National Academy testify before Senate Health committee with a startling statistic up to one half of the American People spend on healthcare may be unnecessary. Let me repeat that, up to half of the 3. 5 trillion, the United States collectively spent on healthcare in 2017 was unnecessary according to doctor james and many of the other witnesses at our hearings agreed with that. That is 1. 8 trillion, three times as much as we spen
Our second panel is chris brummer, Research Professor director, institute of economic law, and University Law center. Our second witnesses katerina pastore, and columbia law school. Gendler who is professor of the practice of Global Economics and manager. Mit sloan school of management Senior Advisor to the director, Mit Media Lab and codirector of. The next witness will be robert wiseman, president , public citizen, and the final witness will be chief Strategy Officers. Welcome to all of you. Without objection, your written statements will be made part of the record. Each of you will have five minutes to summarize your testimony and with one minute remaining a yellow light will appear. At that time i will ask that you wrap up your testimony so that we can be respectful of both witnesses and Committee Members times. You are recognized for five minutes to present your testimony. Thank you so much. Members of the committee, thank you for inviting me to testify. Im here in my academic cap
The committee on health education, labor and pensions will come to order. Senator murray has an important meeting right now, and she has asked me to proceed with a hearing because we have six excellent witnesses, and we want to make sure that we hear from each of you. And we want to senator tuesday have a chance to ask questions of each of you. And so patty should arrive about 10 00. When she comes while well interrupt and let her make her Opening Statement and then well resume the hearing. Morning, senator murphy. Nearly a year ago dr. Brent james from the National Academies testified before Senate Health committee with a startling statistic. Up to one half of what the American People spend on Health Care May be unnecessary. Let me repeat that. Up to half of the 3. 5 trillion the United States collectively spend on health care in 2017 was unnecessary according to dr. James, and many of the other witnesses at our hearings agreed with that. Thats 1. 8 trillion, three times as much as we