Senators Raise Concerns About Mylan’s EpiPen Price Hike and Expanded Patient Assistance Program
Patient assistance program allows company to increase drug prices while passing costs onto insurance companies and consumers
WASHINGTON, D.C. – In a letter sent today to the CEO of pharmaceutical company Mylan, U.S. Senator Tammy Baldwin, along with 19 other senators, expressed serious concerns about the company’s recent significant price hikes for the life-saving EpiPen Auto-Injector. The senators raised questions about Mylan’s decision to expand its patient assistance program, which allows the company to sharply increase prices while passing the cost of these increases onto insurance companies and ultimately to consumers, and to introduce an authorized generic EpiPen at more than half the price of the branded EpiPen. The letter was signed by Senators Elizabeth Warren (D-MA), Tammy Baldwin (D-WI), Richard Blumenthal (D-CT), Barbara Boxer (D-CA), Sherrod Brown (D-OH), Joe Donnelly (D-IN), Richard J. Durbin (D-IL), Al Franken (D-MN), Heidi Heitkamp (D-ND), Mazie K. Hirono (D-HI), Amy Klobuchar (D-MN), Patrick Leahy (D-VT), Edward Markey (D-MA), Chris Murphy (D-CT), Jack Reed (D-RI), Bernie Sanders (I-VT), Brian Schatz (D-HI), Jon Tester (D-MT), Tom Udall (D-NM), and Sheldon Whitehouse (D-RI).
“The EpiPen…has become so exorbitantly expensive that access to this life saving combination product is in jeopardy for many Americans,” the senators wrote. “Mylan’s near monopoly on the epinephrine auto-injector market has allowed you to increase prices well beyond those that are justified by any increase in the costs of manufacturing the EpiPen.”
“When patients receive short-term co-pay assistance for expensive drugs, they may be insulated from price hikes, but insurance companies, the government, and employers still bear the burden of these excessive prices. In turn, those costs are eventually passed on to consumers in the form of higher premiums, but the drug company is no longer in the spotlight. Because couponing can massively inflate costs, this practice has been outlawed by the government in Medicare and Medicaid. But couponing practices are perfectly legal for commercial insurance and Affordable Care Act exchange coverage.”
The senators requested that Mylan answer a series of questions to provide additional information about the impact that the EpiPen price hike and the associated changes in Mylan’s patient assistance program and other accessibility programs will have on consumers and on taxpayers.
Press Releases by Tammy Baldwin
More than 80 rural hospitals have closed in recent years.
Senators Call for Independent Prosecutor to Investigate Trump Officials’ Collusion with Russia and Apparent White House Cover-UpFeb 15th, 2017 by Tammy Baldwin
Senators to Sessions: “At stake is the integrity and honesty of our most trusted public officials and the viability of our justice system”
U.S. Senators Tammy Baldwin and Thom Tillis Introduce Bipartisan Legislation to Support Job Creation for America’s VeteransFeb 14th, 2017 by Tammy Baldwin
The BRAVE Act creates incentives for businesses to employ our veterans
"Dr. Shulkin has the experience and qualifications to provide the leadership necessary to get the job done..."
U.S. Senator Tammy Baldwin Urges New FCC Chair to Reverse Decision Threatening Low-Income Americans’ Broadband AccessFeb 10th, 2017 by Tammy Baldwin
Chairman Pai recently revoked the recognition of nine companies as providers for a critical program that has helped tens of millions of low-income Americans afford broadband service.
Baldwin, Warren Seek Information On Goldman Sachs’ Role In and Influence over Trump Administration Economic PoliciesFeb 10th, 2017 by Tammy Baldwin
Company stock up dramatically as former Goldman executive Gary Cohn and other Goldman bankers joined Trump Administration