The Subcommittee on Health held a hearing titled, "Prescription Drug Price Inflation: Are Prices Rising Too Fast?" at 9:30 a.m. on Tuesday, December 8, 2009, in 2123 Rayburn House Office Building. This hearing examined recent reports of rapid increases in brand-name prescription drug prices.

Witnesses:

• Professor Stephen Schondelmeyer, Pharm.D., Ph.D., Professor and Head, Department of Pharmaceutical Care and Health Systems, University of Minnesota, and Director, PRIME Institute
• Rick Smith, Senior Vice President for Policy, Research, and Strategic Planning, PhRMA
• Kathleen Stoll, Deputy Executive Director, Families USA
• Bonnie Cramer, Board Chair, AARP
• Professor John Vernon, Department of Health Policy and Management, The University of North Carolina at Chapel Hill, and Faculty Research Fellow, the National Bureau of Economic Research (NBER)

Documents:

• Chairman Waxman's Opening Statement
  

• Testimony of Stephen Schondelmeyer
• Testimony of Rick Smith
• Testimony of Kathleen Stoll
• Testimony of Bonnie Cramer
• Testimony of John Vernon

Transcript:

• Preliminary Transcript

Video

WMA
Part 1 - Download or Stream
Part 2 - Download or Stream