Why Drug Pricing Programs Have Not Reduced Health Disparities

WASHINGTON - Oct. 25, 2021 - PRLog -- Today, Creative Investment Research (CIR) and  the Southern Christian Leadership Global Policy Initiative (SCL-GPI) released a white paper titled "Why Drug Pricing Programs Have Not Reduced Health Disparities."

"Our focus has been on accurately evaluating the impact that current programs designed to increase life expectancy have had for Black and Brown communities. Addressing these deficiencies requires an honest review and effective rethinking of existing programs as well as alternative approaches by lawmakers and industry stakeholders focused on prioritizing care for vulnerable populations" said William Michael Cunningham, Economist at Creative Investment Research.

According to Kevin B. Kimble, Esq., Executive Director of SCL-GPI, "As we seek to address the persistent health disparities that exist in our country, we must first examine the efforts that have come before and learn what has and hasn't worked. This paper examines the role of the 340B Program, Pharmacy Benefit Managers (PBMs), Copay Accumulators, and the phenomenon of pharmacy deserts in the utilization of prescription drugs, their costs, and impact on racial health disparities. While there is evidence these programs have provided benefits to the intended, they have not significantly improved the availability of affordable care for underserved communities or reduced the disparity in life expectancy between Black and Latino Americans and non-Hispanic whites"

At Creative Investment Research, we know that change doesn't happen overnight. We also know that any change worth fighting for takes a united force with relevant and accurate information, perseverance, and tenacity. With over 30 years of experience, we are dedicated to helping individuals, organizations, and corporations understand the social hardships that lay heavy on the world - bringing awareness to the issues. Armed with this knowledge, we collaborate with these entities to design, develop, test, and measure innovative investment vehicles to drive social reform.

Southern Christian Leadership Global Policy Initiative - Founded to help the civil rights movement research the most critical issues, SCL-GPI works to solve the most impactful problems in disadvantaged and minority communities. SCL-GPI researches specific social justice issues to identify correctable problems, design innovative policies to address these problems, and build coalitions to advocate for a policy strategy supporting a better standard of living for all communities.

For a copy of the paper, click here:

"Why Drug Pricing Programs Have Not Reduced Health Disparities."
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