As the United States Senate Finance Committee convenes today for a meeting entitled "The Rising Cost of Health Care:  Considering Meaningful Solutions for All Americans," the enduring adage of medical care applies:  Do no harm.

Specifically, as we've detailed at CFIF, we must especially avoid potentially catastrophic ideas like drug price controls (whether through so-called "Most Favored Nation" (MFN) programs or any other) and violations of patent and intellectual property (IP) protections in which the United States leads the world.  Indeed, our more free-market approach explains why America leads the world in lifesaving healthcare innovation, accounting for an astonishing two-thirds of all new drugs introduced to the world each year:

The reasons that MFN schemes would only exacerbate…[more]