Five Questions for the Senate Hearing on Prescription Drugs

On Tuesday, the Senate Committee on Health, Education, Labor, and Pensions will hold its third hearing on the nation’s drug cost ecosystem. The focus of this latest hearing is a drug pricing report released by the National Academies of Sciences, Engineering, and Medicine (NAS). While the report provides some helpful ideas for improving the affordability of prescription medicines, it also suffers from some serious flaws.
For example, it fails to recognize a dramatically lower trend in presc