'The idea that they are
going to bring in more resources, borders on petrifying'
The
pharmaceutical lobby is gearing up for a massive, multi-million-dollar
post-election ad blitz to fight the shifting rhetoric surrounding drug prices, Politico reports.
Skyrocketing
drug prices have become a central issue in
the 2016 election cycle, bolstered by recent bipartisan legislation that aims
to wrangle back control of the market and outspoken criticism from
Bernie Sanders and Democratic nominee Hillary Clinton.
Now,
the Pharmaceutical Research and Manufacturers of America (PhRMA) is planning to
spend hundreds of millions of dollars to push back on politicians from both
sides of the aisle—a campaign that "will dwarf the $20 million that health
insurers spent on the iconic 'Harry and Louise' campaign credited with
sinking...Clinton's health reform plan in the early 1990s," reports Politico's
Sarah Karlin-Smith.
The group's playbook for 2017 includes
adding new members, raising dues and retooling a lobbying machine that insiders
say atrophied since PhRMA achieved many of its top goals with Obamacare's
passage. Now it's ready to shout its message not just inside the corridors of
power but beyond the Beltway.
[....] PhRMA is also meeting with
political and industry insiders who will shape policy on drug prices. In July,
the PhRMA board met with Clinton health policy adviser Chris Jennings, Anthem
CEO Joe Swedish, Republican health economist Gail Wilensky and Steve Pearson of
ICER, a research organization that analyzes the cost-effectiveness of drugs.
"They
are formidable under any scenario. They are formidable now," Jennings told Politico.
"The idea that they are going to bring in more resources, borders on petrifying."
But
opponents say the campaign, which is expected to include commercials with
"positive tones," featuring cancer survivors and soothing music,
could backfire.
Topher
Spiro, vice president of health policy at the Center for American Progress,
told Karlin-Smith that drug lobbyists "talk a good game.... But when push
comes to shove, they are not willing to budge on their public positions or
their policy positions, so it's hard to give them any credit whatsoever."