WASHINGTON—Today, Heritage Action, a conservative organization with two million grassroots activists nationwide, released a statement from Executive Director Jessica Anderson calling on Congress to reject a proposal to enact government price-setting for insulin:
If Congress mandates government price controls for insulin, they will be stifling research, reducing the creation and availability of life-saving insulin formulations, and inserting government between patients and their doctors. Instead, Congress should pursue effective free-market reforms to reduce the price of prescriptions for all Americans.
The answer to high drug prices is less government overreach, not more. In a competitive free market unburdened by unnecessary FDA regulation, insulin prices could be a fraction of their current cost. It’s up to Congress to get out of the way.