Kaiser Permanente Chairman and CEO Will Speak Today about Possible Solutions to Rising Drug Costs At Department of Health and Human Services Pharma Forum

Bernard J. Tyson to encourage each part of the health care ecosystem to deliver high-quality, affordable care that is accessible to all

Nov 20, 2015, 08:00 ET from Kaiser Permanente

WASHINGTON, Nov. 20, 2015 /PRNewswire/ -- Chairman and CEO Bernard J. Tyson will join Department of Health and Human Services Secretary Sylvia M. Burwell, and other health care leaders today for the HHS Pharmaceutical Forum: Innovation, Access, Affordability and Better Health Summit.

Tyson will be featured as part of a panel on value-based and outcomes-based purchasing programs, focused on identifying challenges and opportunities around the rising costs of prescription drugs. Specifically, he will suggest ways we can incentivize innovation while also delivering on affordability. Tyson previously published thoughts on the topic in an op-ed featured on Forbes.

"The current trend of rising drug prices is unsustainable and a threat to health care affordability and accessibility," Tyson said. "This is a complex problem that requires every part of the industry to work towards an affordable solution. We commend Secretary Burwell for her work on this critical issue and appreciate the opportunity to address affordability together on our path towards finding a solution to untenable cost trends."

The forum will convene many interested parties, including consumers, providers, employers, manufacturers, insurers, representatives from state and federal government, and other stakeholders to share information and discuss ideas to increase access to information, drive innovation, strengthen incentives and promote competition.

About Kaiser Permanente Kaiser Permanente is committed to helping shape the future of health care. We are recognized as one of America's leading health care providers and not-for-profit health plans. Founded in 1945, Kaiser Permanente has a mission to provide high-quality, affordable health care services and to improve the health of our members and the communities we serve. We currently serve more than 10 million members in eight states and the District of Columbia. Care for members and patients is focused on their total health and guided by their personal physicians, specialists and team of caregivers. Our expert and caring medical teams are empowered and supported by industry-leading technology advances and tools for health promotion, disease prevention, state-of-the-art care delivery and world-class chronic disease management. Kaiser Permanente is dedicated to care innovations, clinical research, health education and the support of community health. For more information, go to: kp.org/share.

For more information:
Marc Brown, 510-271-6328

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SOURCE Kaiser Permanente