Careys Ge Bai Testifies At Congressional Hearing On Pharma Policies, Costs

Main navigation Johns Hopkins Legacy Online applications Faculty Directory Experiential studying Career sources Alumni mentoring program Util Nav CTA CTA Breadcrumb Carey’s Ge Bai Testifies at Congressional Hearing on Pharma Policies, Costs Carey Business School Associate Professor Ge Bai was amongst 5 witnesses testifying at a congressional listening to on making pharmaceutical products more reasonably priced for the public. Carey Business School Associate Professor Ge Bai, an skilled on health care costs, testified February 5 at a congressional hearing on pricing in the pharmaceutical industry. Bai was considered one of 5 witnesses who addressed the Health Subcommittee of the U.S. House of Representatives Ways and Means Committee. Rep. Lloyd Doggett, a Texas Democrat, chairs the subcommittee. In her opening remarks, Bai referred to as consideration to pharma firm strategies similar to donating cash to impartial patient assistance packages and patient advocacy organizations, and giving free drug samples to clinicians with the goal of influencing drug utilization. Such actions, she stated, “lead to market distortions, price increases, and inefficient drug spending, however profit the bottom strains of the drug manufac turers.” In current years, Bai has co-authored a sequence of extensively covered journal articles on exorbitant pricing and other questionable practices within the well being care trade, including a examine in Health Affairs that found the costs for air ambulance providers in 2016 have been between 4.1 and 9.5 instances the rate allowed by Medicare. Another recent study, in JAMA, discovered that of six independent organizations that included 274 affected person assistance programs in 2018, ninety seven % of the packages excluded uninsured patients, and the most common revenue eligibility restrict was 500 % of the federal earnings poverty stage. The roughly two-hour-lengthy congressional hearing â€" titled “More Cures for More Patients: Overcoming Pharmaceutical Barriers” â€" may be considered here, on the YouTube channel of the House Ways and Means Committee. Ge Bai, PhD, CPA is an affiliate professor of Accounting at Johns Hopkins Carey Business School and affiliate professor of Health Policy & Management (joint) at Johns Hopkins Bloomberg School of Public Health. She is an professional on health care pricing, coverage, and administration and has testified earlier than House Ways and Means Committee. Posted Providing the newest in enterprise information is central to the Carey mission. 100 International Drive