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Providers push for drug price reform, ACA expansion


Providers push for drug price reform, ACA expansion
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The Biden administration should prioritize reducing drug prices and expanding the Affordable Care Act, healthcare providers said in a new survey.
More than 30% of 140 executives polled in mid-January recommended that the Biden administration focus on reducing drug prices, while nearly 25% advocated expanding the ACA, according to an Advis survey. Closing the Medicaid gap and establishing a public option were lower on the wish list, with implementing a Medicare for All program garnering the least support.
The C-suite more or less wants the status quo, but they need to operate at a break-even level or profit, said Lyndean Brick, CEO of the healthcare consultancy Advis, adding that high drug prices eat into providers profit. I think there will be a lot of bipartisan support for bringing the price of drugs down. ....

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