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Steve Scalise
@stevescalise· Republican · LA· Feb 12, 2024

When you have the votes, you vote and that is why they decided to push ahead tonight with his return to the Capitol.

transcripts.cnn.com
Mike Johnson
@mikejohnson· Republican · LA· Feb 12, 2024

On this vote, the yeas are 215 (ph) and the nays are 213. The resolution is adopted.

transcripts.cnn.com
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

If you have got an initial high price, no matter what your value-based purchasing arrangement is, it could still be something which society could not afford.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Now, value-based purchasing could obviously play a role here.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Without the profit incentive, you will not get the innovation.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Clearly, patents are part of the free market system, is the way that you protect intellectual property, and you incent creativity.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Somebody is paying. Yes, insurance is making it more affordable. Medicaid is making it more affordable. Medicare is making it more affordable.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

I think I recall a couple of years ago there was a study that was shown, respected, and you probably know it better than I, that $2 million for gene therapy for ultra-rare diseases was a reasonable sort of--it would cover the cost.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Now, the affordability though, we are defining affordability for the patient. So, if Medicaid covers it, it is by definition affordable for the patient, or if the insurance does.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Very concisely, how are we going to show restraint on the price of some of these new gene therapies?

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

We support legislation in order to be able to do value based contracts in the case of gene therapy.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

I have been concerned that we don't really know how we are going to price those.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

For the sake of those who are watching, a rebate wall is an anti-competitive tool which can be used to restrict a competitor's entry into a formulary.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Let's make a difference for the people whom we represent--for those patients in hospitals who I once treated who otherwise would not have access to care.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

It is kind of following a formula. Republicans--we publicly attack private--I don't but others, publicly attack private citizens for being successful under capitalism.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Let's just be clear, everybody on this panel cares about the high cost of prescription drugs and wants to work on real solutions to address this.

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Have you had a chance to evaluate the bill that is working its way through Judiciary Committee?

congress.gov
Bill Cassidy
@billcassidy· Republican · LA· Feb 8, 2024

Now, value-based purchasing could obviously play a role here.

congress.gov