Put Patients First - Protect the Pharmaceutical and Medical Device Gift Ban. Check out www.hcfama.org/giftban
Three years ago, the Pharmaceutical and Medical Device Gift Ban was enacted to protect consumers and reduce health care costs by limiting the marketing practices of pharmaceutical and medical device companies. Each year, approximately $30 billion dollars on these marketing practices are spent nationwide. Where does this money come from? Right out of consumer’s wallets, in the form of increased drug prices, leading to higher copays, deductibles, and premiums for coverage.
In April, under pressure from the restaurant and biotech industry who claim to have lost revenue, the House voted 128-22 to include the repeal of the Pharmaceutical and Medical Device Gift Ban in its 2012 budget proposal. The Senate budget did not include the repeal, so the issue will be determined in the Conference Committee budget, which is expected to be completed by the end of June. Also, the Joint Committee on Community Development and Small Business will hear one of the many repeal bills next Wednesday, June 15 at 10 am in Room B-1.
Health Care For All urges the conferees and all legislators to put patients first, and not to repeal or weaken the Gift Ban.
On June 15, HCFA will hold a press event at 9:30 AM prior to the hearing. Please come and attend both the event and the hearing and show your support for the Pharma and Device Gift Ban.
Please visit www.hcfama.org/giftban - the new Gift Ban page on the Health Care For All website for more information and links to related media coverage.