Absolutely. There are some other things that we have talked about that we think Congress should do to continue to decrease the price of drugs. We mentioned reimportation; we mentioned the prescription drug benefit on Medicare. But there are also issues such as malpractice reform, patent reform, decreasing the time for drug approval that it takes the FDA to sign off on a new drug, and also to look into the overprescription. The gentleman may know that the University of Minnesota has actually done studies on this where they have found as high as 40 percent of the drugs taken by seniors no longer need to be taken, or the prescription is actually wrong, and that is costing millions and millions of dollars each year.
Jack Kingston: “Absolutely. There are some other things that we have talked about that we think Congress should do to continue to…”
On the recordJune 18, 2002
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govinfo.govEditor's note · Context
Discussing measures to reduce drug prices and address prescription issues.
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