Grassley, Wyden Warn PBM: Cooperate with Insulin Investigation or Face Subpoena

Washington – Senate Finance Committee Chairman Chuck Grassley (R-Iowa) and Ranking Member Ron Wyden (D-Ore.) today wrote to the president of Express Scripts, a pharmacy benefit manager (PBM) owned by the Cigna Corporation, making a final request for documents as part of the committee’s investigation into skyrocketing insulin prices. The leaders of the committee wrote that their […]

Grassley to Republicans: Don’t Be Fooled, Big Pharma Supported Obamacare

NOTE: Grassley’s tweet on this can be found here.  Prepared Floor Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Tuesday, February 25, 2020 VIDEO   The next time Big Pharma claims what we’re trying to do to lower drug prices undermines the free market, just remember: they supported Obamacare.   Big […]

Chairmen Press Investigation into Allegations of Underperforming Commerce Department Inspector General Office

Washington – The chairmen of three Senate committees are continuing their investigation into whistleblower allegations of low morale and low productivity at the Department of Commerce Office of Inspector General (OIG). Following a staff interview with Inspector General Peggy Gustafson, Sens. Chuck Grassley (R-Iowa), Roger Wicker (R-Miss.) and Ron Johnson (R-Wis.) are conducting interviews with […]

ICYMI: How the Drug Lobby Lost Its Mojo in Washington

Wall Street Journal By Brody Mullins and Stephanie Armour February 19, 2020   The drug industry doesn’t pack the lobbying punch it once did, and one sign is something rare in the capital today—a dose of bipartisanship.   Sen. Chuck Grassley (R., Iowa) joined Sen. Ron Wyden (D., Ore.) to write a bill last July […]

ICYMI: Sen. Chuck Grassley takes your questions on drug prices, insulin, and innovation

ICYMI: Sen. Chuck Grassley takes your questions on drug prices, insulin, and innovation STAT Thursday, February 20, 2020   Sen. Chuck Grassley has a clear position on this Congress’s priority list.   “You can bet your boots, families care a lot more about what they’re paying each month for their child’s insulin than impeaching the […]

ICYMI: POLITICO-Harvard Poll: Health Care Costs Are Top Priority Heading Into Elections

By Adam Cancryn POLITICO 2/19/2020   … The vast majority of Americans rank cutting health care and prescription drug costs as their top priorities heading into election season, regardless of party affiliation, according to a new POLITICO-Harvard T.H. Chan School of Public Health survey.   Those topics polled as far more important than passing a […]

Ernst Endorses Grassley-Wyden Bipartisan Prescription Drug Bill

Washington – Sen. Joni Ernst (R-Iowa) today endorsed Senate Finance Committee Chairman Chuck Grassley’s (R-Iowa) bipartisan Prescription Drug Pricing Reduction Act, further growing the ranks of Senate Republican support. Other Senate Republicans are expected to announce their support for the bill in the coming days. Last week, Sen. Martha McSally (R-Ariz.) endorsed Grassley’s bill.   […]

ICYMI: Grassley Expects Prescription Drug Bill to Pass by May 20

Speaking to a health-care summit in Coralville on Friday, Grassley said he expects that the Prescription Drug Pricing Reduction Act of 2019 will pass by May 20. Daily Iowan Rylee Wilson February 14, 2020   Sen. Chuck Grassley pushed his plan to lower prescription drug prices to health-care professionals in Coralville on Friday, saying he […]

Azar on Grassley-Wyden: No Price Controls, No Impact on Innovation

“I fundamentally disagree with the notion that the inflation penalty provisions that are in the Grassley-Wyden bill constitute price caps or price controls.”   “The changes here still leave plenty of room for profit-margin innovation and investment. There would be no material impact in any way to the R&D enterprise in the United States…”   […]

Grassley Speaks to Iowa Business Leaders on Lowering Prescription Drug Prices

Prepared Remarks by U.S. Senator Chuck Grassley of Iowa Chairman, Senate Finance Committee Corridor Business Journal Health Care Summit Coralville, Iowa Friday, February 14, 2020   Thank you for inviting me to speak at this year’s Corridor Business Journal Health Care Summit.   I’m proud of the businesses that are key to economic activity in […]