Prescription price controls create problems

In an op-ed, Paul Pescatello, chairman of We Work for Health Connecticut, writes:

Lately, stakeholders in the health economy have been playing the “blame game” over rising healthcare expenses. Price controls have taken center stage in state and federal proposals as a tactic to arbitrarily lower prescription drug costs.

While this may seem like a reasonable solution to an issue we all face, price controls wherever and whenever they have been tried always have undesirable short- and long-term economic consequences. Misguided and ill-informed policies like these will harm patients here in Connecticut and across the nation.