Trenton, May 12, 2025 ― Chrissy Buteas, President and Chief Executive Officer of the HealthCare Institute of New Jersey, released the following statement concerning today’s White House Executive Order on the “Most Favored Nation” drug pricing action:
“This ‘most favored nation’ (MFN) proposal won’t favor American patients or New Jersey jobs. This idea takes parts of socialized healthcare from other countries and tries to fit them into America’s healthcare system. This is like putting regular gasoline into a diesel engine. We have the strongest, most robust, and most advanced healthcare system in the world. Putting that European gasoline into an American diesel engine would make it likely the whole thing breaks down.”
Buteas continued, “The world unfairly freeloads on the American R&D that delivers remarkable new treatments and cures for patients. Instead of importing failed socialized medicine policies, we should focus on forcing foreign countries to pay their fair share for the cutting-edge medical advances that America’s global leadership makes possible.”