It’s a well-established fact that Big Pharma exerts far too much influence over Congress. The drug industry is one of the most powerful lobbies in Washington D.C. and spent record sums in 2024 to advance its interests. But House Republicans managed to defy the drugmakers’ influence right before the start of 2025.
In the much-disputed continuing resolution, Republicans took out regulations Big Pharma desperately wanted. They were aimed at pharmacy benefit managers (PBMs), which are third-party operators that negotiate drug prices with the drugmakers on behalf of health insurance beneficiaries. PBMs are proven to lower costs for ordinary consumers. That bothers the drugmakers, who want PBMs stifled to allow Big Pharma to have the final say over costs.
Republicans refused to do the bidding of the drug giants and discarded the regulations that the industry spent millions to push on Capitol Hill.
The move upset Big Pharma and its allies, but it should be welcome news for the American people. Many of our healthcare problems are caused by the drugmakers and their insatiable greed. It’s right for Republicans to ignore the industry’s demands and do what’s right for the people. The PBM regulations only serve the pharmaceutical industry’s bottom line, not the needs of the average American.
Many Republicans are aware of the problem with Big Pharma. […]
— Read More: amgreatness.com
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