Issue Positions: Affordable Medications

Issue Position

High prescription drug prices place a heavy burden on consumers, particularly older Americans and families who lack health insurance. Rep. Waxman has been a leading advocate for ensuring patients have affordable access to the drugs they need by fostering competition in the pharmaceutical industry. The Hatch-Waxman Act of 1984 is credited with creating the generic drug industry, which has saved patients billions of dollars and dramatically improved their access to drugs. Rep. Waxman's current health care reform efforts aim to build on Hatch-Waxman and expand the development and availability of low-cost prescription drugs to all Americans.

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