. >> joining us this morning is gerard anderson, johns hopkins louisburg school of public health aic professor there. here too talk about the rising cost of prescription drugs. so how much have prescription drugs cost got up in recent years? >> they're gone up about three e to four times faster than inflation and they just keep rising and we don't seem to have any way to slow it down. >> why do they keep rising? >> there's a number of reasons, but essentially the brand-name drugs which is a once you are about all the time represent about 80% of the spending and they have a patent and of market exclusivity. so they essentially have a government run monopoly so they can charge whatever they want. if a for-profit company can charge whatever they want, they will charge whatever they want and they do. also there's a whole group of people that are trying to buy drugs, and everybody has a different system. so unlike other countries which have one systemou to buy drugs,e have a myriad of systems. the medicare has a system. medicaid has a different system. private insurers have many different

then we will look at the rising cost of prescription drugs with gerard anderson. washington journal, join the conversation live at 7:00 eastern thursday morning on c-span, c-span now or online at c-span.org. . host: welcome back to washington journal, it is open for. we will take care calls. we wanted to show you this first, president biden delivered remarks to urge house republicans to take up that 95 billion foreign aid bill that provided assistance to ukraine. [video clip] >> history is watching. failure to support ukraine will never be forgotten. i want to be clear about something. i know it's important to the american people. while this sin support ukraine is spends it right here in places where the missiles are built. the way it works is we supply military equipment with our stockpiles and we replenish those stockpiles sore military has access to them. stockpiles made in america by american workers. in not only supports americans but it allows us to invest in our own defense manufacturing capacity. it creates greater support for our troops serving in the reg

then we will look at the rising cost of prescription drugs with gerard anderson. washington journal, join the conversation liv

host: gerard anderson.: so, the idea that 14.5 euros or about $16 is in one country and $700 is another country is just outrageous. and we need to deal with that particular issue. you know, there are certain parts of the u.s. health care system where the doctor has an incentive to give you the more expensive drug, it is in medicare part b, which is the physician part of the medicare program. and if you get the more expensive drug, the doctor gets 6% of the cost of the drug. if there are two drugs, one that costs $100 and then you get six dollars from the doctor and another drug costs $1000 and he gets $60 as the doctor. we have built an incentive into the system to do the more expensive drugs. host: here is one of our viewers. "ea ask the guest to explain how big pharma exploits the patent system by making minor changes to the formula and keeping generics off of market." guest: humira was the best-selling drug in the united states. it had literally hundreds of different patents on it. so you get a patent, t

host: gerard anderson is a professor of the bloomberg school of public health, we appreciate the conversation. the house is about to gavel in. live coverage here on c-span. [captions copyright national cable satellite corp. 2024] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. visit ncicap.org] the speaker pro tempore: the house will be in order. the chair lays before the house a communication from the speaker. the clerk: the speaker's rooms, washington, d.c. february 15, 2024. i hereby appoint the honorable mary e miller to act as speaker pro tempore on this day. signed, mike johnson, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 9, 2024, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate. the chair will alternate recognition between the parties, with time equally allocated between the parties and each member other than the majority and minority leaders and the minority whip limited to five

. >> joining us this morning is gerard anderson, johns hopkins louisburg school of public health aicor there. here too talk about the rising cost of prescription drugs. so how much have prescription drugs cost got up in recent years? >> they're gone up about three e to four times faster than inflation and they just keep rising and we don't seem to have any way to slow it down. >> why do they keep rising? >> there's a number of reasons, but essentially the brand-name drugs which is a

we will look at it with gerard anderson and the "washington journal" joining the conversation live atstart thursday morning on c-span, c-span now or online at c-span .org. >> thursday on c-span the house back at 10:00 a.m. eastern for general speecs by noonastern . members are considering legislation to eliminate all cuent restrictions on the import and export on liquefied natural gas. at 10:00 a.m. on c-span2, irs commissioner testifying tha an oversit hring of the tax filing season and recent changes at the irs. on cpan three, c-spanastern they testify on the effectiveness of vaccine safety reporting after the rollout of the covid-19 vaccine. a live coverage on the app or online at c-span.org. a healthy democracy does not just look at this, it looks like this. where americans can see democracy at work. citizens are fully informed. republic thrives. get informed straight from the source on c-span it unfiltered, unbiased, word for word. from the nation's capital to wherever you are. get the opinion that matters the most, your own. this is what democracy looks like. c-span. powered by