“The election is over—in most places—but for American families, the problems they had before November are still real. Over 66 percent of Americans think that the country is on the wrong track, according to the latest IPSOS poll. There has been a lot to be concerned about: economic instability and inflation reducing people’s paychecks, crime spiking at breakneck speed, and the feeling of Americans losing their freedoms – in particular with their children at school and on personal healthcare issues. On the health front – issues revolving around choice, the doctor-patient relationship, and access to innovation – matter greatly to the average American.

“Our leaders are suffering from a serious disconnect in optimizing the quality of care in our country. Instead of incentivizing the power of the free market to develop the best treatments that science can offer, government leaders have been hell-bent on imposing draconian price controls, expanding Obamacare, and creating more bureaucracy. The new Congress presents an opportunity to swing back the pendulum towards a middle ground of realistic solutions that improve our system.

“The dubiously named Inflation Reduction Act, narrowly passed along party lines, includes provisions that mandate price controls on Medicare drugs. This ill-advised policy directly puts drug accessibility and innovation on the chopping block, as manufacturers will be forced to reallocate investments to foot the bill. Proposals like this cut against the outstanding American successes of our innovation pipeline. Historically, America has led the way in creating the best treatments in the world. Sacrificing this innovation on the altar of socialist ideology creates a self-inflicted wound that will impact the lives of millions.”

Read more on realclearpolicy.com.

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