Don’t Let Trenton Hike Prescription Drug Costs for New Jersey Employers and Patients.
Reject A-4953
and S-3842!
Assembly Bill 4953 and Senate Bill 3842 are fundamentally misguided proposals that would increase prescription drug prices and hike health care costs for New Jersey families, employers and unions.
Assembly Bill 4953 and Senate Bill 3842 would ban pay-for-performance incentives in the health care marketplace that employers and unions currently rely on to negotiate lower prescription drug prices–saving money for working families. These incentives are successful at reducing prescription drug costs and out-of-pocket expenses for patients. Higher prescription drug costs for New Jersey employers and unions will result in higher out-of-pocket costs for those who rely on them for health coverage.
Trenton politicians won’t disclose the full impact of this legislation. While it claims to lower costs, there is no evidence it will do so. Here’s what Assembly Bill 4953 and Senate Bill 3842 would do:
What Assembly Bill 4953 and
senate bill 3842 Would Do:
Rather than pursuing test policies that lack fiscal transparency, lawmakers should prioritize solutions that have proven to lower health care costs. The pay-for-performance model already works. Don’t let Trenton impose higher prescription drug prices and out-of-pocket health care costs on hardworking New Jerseyans who rely on an employer or union for their health coverage.
The cost of living in New Jersey is already too high. Hardworking New Jersey families cannot afford Trenton’s plan to hike prescription drug prices and health care costs.