Author: Lucas Miller
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The Future of Medicare Drug Price Negotiation and Pharmaceutical Innovation
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One of the most publicized provisions of the Inflation Reduction Act (IRA) is the section mandating that a small subset of the most expensive pharmaceutical products in the U.S. be subject to Medicare price negotiations. The provision applies only to a minority of branded drugs and the implementation of it…
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New Evidence on E-Cigarette Taxes Highlights Competing Benefits and Pitfalls
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Cigarette use in the United States has been on a consistent downward trend in recent decades, dropping from 20.9% to 12.5% between 2005 and 2020. However, the rising popularity of electronic cigarettes (E-cigarettes) has counteracted this reduction in tobacco use. This trend has been particularly prominent among adolescents. Between 2011…