Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare

Sen. Rand Paul (R-Ky.) went after big pharmaceutical companies on Wednesday, arguing that they hurt American consumers and are not practicing true capitalism.

In a confirmation hearing, Paul grilled Secretary of Health and Human Services nominee Alex Azar on how big pharmaceutical companies manipulate the health care system to raise drug prices, challenging the nominee to affirm his commitment to keeping drug prices competitive and affordable.

“Big Pharma manipulates the system to keep prices high,” Paul said. “It is not capitalism, and it’s big government, and we’ve got to fix it.”

Paul, who argues that the free market is best suited to handle America’s health care needs, asked Azar how he would work to reimport drugs in order to keep prices fair. The senator has advocated for a full repeal of Obamacare, believing it traps consumers into “Big Pharma” prices.

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Rand Paul blasts Big Pharma for jacking up drug prices: “It is not capitalism” | Rare.