Today, the House Oversight Committee is holding an important hearing entitled "The Role of Pharmacy…
CFIF on Twitter CFIF on YouTube
House Hearing Spotlights Pharmacy Benefit Managers (PBMs) as Drivers of Higher Drug Prices

Today, the House Oversight Committee is holding an important hearing entitled "The Role of Pharmacy Benefit Managers in Prescription Drug Markets Part III:  Transparency and Accountability."

For those unfamiliar, Pharmacy Benefit Managers (PBMs) amount to middlemen that control prescription drugs for millions of Americans.  A majority of Americans receive health insurance through employer plans or government programs such as Medicare, which in turn cover prescription drugs through PBMs.  Those PBMs negotiate with drug companies and pay pharmacies, but throughout the process determine the drugs that insured patients may obtain and at what cost.

The problem is that PBMs operate in such an opaque and complex manner that they're able to inflate drug costs while claiming to be working…[more]

July 23, 2024 • 11:43 AM

Liberty Update

CFIFs latest news, commentary and alerts delivered to your inbox.
Bank Bailouts 2.0: FCC Should Reject Broadband “Amnesty” Request
By Timothy H. Lee
Thursday, March 28 2024
As the Biden administration flounders amid an increasingly grim reelection effort, blame often lies with its insistence on pursuing calamitous policies that are inherently defective, broadly unpopular and disastrous for the economy.   In other instances, however, Biden’s problem isn’t a defective underlying policy goal but rather its incompetent execution of otherwise laudable goals that initially claimed bipartisan support.   The bipartisan effort to expand broadband access to underserved rural communities offers an illustrative example.   For instance…
 
Americans Can Tell the Difference Between Rosy Economic Data and Reality
The economy is growing, unemployment is low, wages are up, and inflation is down. However, the American…
Read more...
Beware of Squatters
If you own a home and don't want to lose it, keep reading. Homeowners who go on vacation or a business…
Read more...
 
Trump Lawfare: The Next Stage Begins
Donald Trump was first indicted nearly a year ago, on April 4, 2023, when Manhattan District Attorney…
Read more...
The Biden Administration Takes a Swipe at Credit Card Industry
The Biden administration regulators see a monopoly boogeyman behind the curtain of nearly every business…
Read more...
 
Yes, Israel Is Now a Partisan Issue
"To make Israel a partisan issue only hurts Israel and the US-Israeli relationship," Senate…
Read more...
Biden Administration Undermines Democracy While Accusing Others of Undermining Democracy
We are not the first court to look through forms to the substance and recognize that informal censorship…
Read more...
 
US Steel-Nippon Steel: A Global Deal for American Prosperity
The Pennsylvania-based U.S. Steel company recently agreed to be purchased by the Tokyo-headquartered…
Read more...
Biden's Tax Plan That Puts America Last
I am often asked if President Joe Biden is intentionally trying to dismantle the American economy with…
Read more...
 
New York Doomed to Be Migrant Central – Other Cities Take Note
Mayor Eric Adams' agreement, announced Friday, to limit the time migrants can stay in shelters at taxpayers'…
Read more...
Biden's 'Lawfare' Joke
Why do so many Democrats and their allies in the media desperately want former President Donald Trump…
Read more...
Notable Quote   
 
"They didn't soulfully consider Joe Biden's marked decline and decide, for the good of him, his party and the country, that he had to step down.They lied, and they got caught.The Democratic Party line on President Biden was that he had turned in an exceptionally effective State of the Union address. He might mess up a name here or there, but he had gotten better with age.He should be judged on his…[more]
 
 
— Rich Lowry, Editor of National Review
 
Liberty Poll   

Should Secret Service Director Kimberly Cheatle be fired for the agency's unconscionable failures regarding the assassination attempt on President Trump?