As an FTC investigation unfolds, employers should support changes that prioritize transparency from the PBMs and demand they use their negotiated savings to lower costs for beneficiaries.
Tony Sheridan
Posted inCT Viewpoints
Common sense Medicare changes can help patients, boost economic growth
Connecticut is becoming a major player in the bioscience industry. In fact, the biopharmaceutical sector added $17.5 billion to the Connecticut economy in 2015 and created a total of 56,204 jobs. As Congress continues to debate changes aimed to lower the cost of prescription drugs, the Chamber of Commerce Eastern Connecticut urges Members of Congress to support plans that also encourage future medical innovation and drug development by preserving access to a range of drug options, so this booming industry can continue to thrive.
Posted inCT Viewpoints
Legislators, leave the pharmaceutical industry alone
While no one can argue with the need to reign in healthcare spending, doing so by trying to tamper with the free marketplace could be harmful to Connecticut’s economy. Efforts to force the pharmaceutical industry through unprecedented, egregious regulations will do nothing to help patient’s pocketbooks and more to harm the industry as a whole, an industry that employs thousands of high paying jobs in our state.
Posted inCT Viewpoints
Saving jobs and protecting tourism is a winning combination for Connecticut
The recent groundbreaking for a casino just north of the Massachusetts border in Springfield promises to draw more customers from Connecticut than from their own region. Connecticut’s Mashantucket Pequot and Mohegan Tribes are working to remain competitive in this new environment with a strategically located, jointly run facility that will directly compete with new gaming options on our border. Last session, the Connecticut General Assembly allowed the tribes to work together and accept proposals from towns interested in hosting this new facility. The tribes have been good neighbors and friends to the state for 13 generations, and business partners for the past two decades. They are asking the state to support a plan to protect jobs, business and revenue. Doing so is a win-win for all.
Posted inCT Viewpoints
Let the Mashantucket Pequot and Mohegan tribes open satellite casinos
Today, we have two of the state’s largest employers and biggest tourist attractions willing to invest more than $300 million dollars in our state to protect 10,000 existing jobs. Connecticut, a state of 169 municipalities that have directly benefited from the billions of dollars in slot revenues contributed by the Tribes to the state’s coffers, can and must give the Mohegan and Mashantucket Pequot Tribes the ability to compete to protect their businesses. If Connecticut does not allow the tribes to take steps to protect their businesses and revenues, the state will lose thousands of additional jobs and hundreds of millions of dollars in revenue.
Posted inNews
Op-Ed: Buy local and keep money in the community
When you buy goods and services from local merchants and businesses, the money you spend stays in the community.
Posted inCT Viewpoints
Buy local and keep money in the community
When you buy goods and services from local merchants and businesses, the money you spend stays in the community.