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chairman casey, mr. braun, thank you for inviting me. this topic is near and dear to my heart. my name is julie simpkins, a provider that develops and operates senior living, assisted living and memory care communities. we are the fifth- largest assisted-living provider in the country and have communities in five states . illinois, indiana, ohio, maryland, west virginia. i have dedicated most of my life to senior living with over 30 years to the assisted-living sector. this is my calling and i like to speak with you about our unique model as we share thoughts and how we can work together on important issues facing those who need and work in assisted-living. gardant is uniquely focused on buffering affordable assisted- living to low income seniors . our company was founded in 1999 with the illinois supported living facility, a home and communication -- as we expanded into four other states come our commitment to serving as preparation remains. many residents living in our communities rely on medicaid for their care through these waiver programs. we have been limited and where we
chairman casey, mr. braun, thank you for inviting me. this topic is near and dear to my heart. my name is julie simpkins, a provider that develops and operates senior living, assisted living and memory care communities. we are the fifth- largest assisted-living provider in the country and have communities in five states . illinois, indiana, ohio, maryland, west virginia. i have dedicated most of my life to senior living with over 30 years to the assisted-living sector. this is my calling and i...
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Mar 6, 2024
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. >> thank you mr. chair. >> i yielded to senator casey. >> oh. >> senator hassen. >> thank you. i just wanted to say at the outset that the last time i checked when a buyer and seller negotiate for a price that's capitalism. and i wanted to talk with all three of our distinguished witnesses today because one of the things that strikes me that we are struggling with is i think various times in each one of your statements you talked about your price reflecting the value of your product. and the thing is, human health and life is priceless. so if that's the metric here, you will always have an excuse for charging increasing prices for these life saving drugs. what we are trying to do here is make sure that you can continue your invasion. i'm sure everybody up here has a family member that has been saved by innovative medications or greatly improved. at the end of the day we have to find a way to allow you all to innovate but also to make sure that the lives you are working to save. while families in new hampshire and across the country struggle to afford these life saving medicatio
. >> thank you mr. chair. >> i yielded to senator casey. >> oh. >> senator hassen. >> thank you. i just wanted to say at the outset that the last time i checked when a buyer and seller negotiate for a price that's capitalism. and i wanted to talk with all three of our distinguished witnesses today because one of the things that strikes me that we are struggling with is i think various times in each one of your statements you talked about your price reflecting the...
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Mar 7, 2024
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. >> senator casey. >> thanks so much, senator baldwin for allowing me to jump ahead. >> mr. chairman, thanks for the hearing. i want to start with a sense that i have back home, when i talk to people in pennsylvania and a lot of your companies have a lot of interest in pennsylvania, i hear over and over again, this problem, the cost of prescription drugs, it's like a bag of heavy rocks, people have been carrying this around on their shoulders every day, year after year, and they're tired of it. and they don't -- they don't believe that any player in this is doing enough. i think they were-- most pennsylvanians are happy that i can vote for a bill in 2022 that allowed medicare to negotiate for lower prescription drug costs and that we could cap the cost of insulin $35 a month for medicare part d beneficiaries. ... or either party, , but they are certainly not happy with the level of work that you put into this. look, , i hear all this talk abt rebates and cost reductions that are put in place but is not cutting back home. and when i talk to people that see what pbms are doing
. >> senator casey. >> thanks so much, senator baldwin for allowing me to jump ahead. >> mr. chairman, thanks for the hearing. i want to start with a sense that i have back home, when i talk to people in pennsylvania and a lot of your companies have a lot of interest in pennsylvania, i hear over and over again, this problem, the cost of prescription drugs, it's like a bag of heavy rocks, people have been carrying this around on their shoulders every day, year after year, and...
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Mar 6, 2024
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thank you, mr. chair. >> i'm sorry. senator baldwin. >> i yielded to senator casey. >> is that right? okay. >> thank you. so, i just wanted to say at the outset that the last time i checked when a buyer and seller negotiate for a price, that capitalism. and i wanted to talk with all three of our distinguished witnesses today because one of the things that strikes me that we are struggling with is i think various times in each one your products. the thing is, human health and life is priceless. if that the metric here, you will always have an excuse for charging increasing prices for these life-saving drugs. what we are trying to do here is figure out how you can continue the innovation that senator paul just so eloquently spoke about. i would expect that every member appear as a family member whose life has been saved by innovative medications. or greatly improved. but at the end of the day, we have to find a way to allow you all to innovate but also to make sure that the market here in the system here works for the ver
thank you, mr. chair. >> i'm sorry. senator baldwin. >> i yielded to senator casey. >> is that right? okay. >> thank you. so, i just wanted to say at the outset that the last time i checked when a buyer and seller negotiate for a price, that capitalism. and i wanted to talk with all three of our distinguished witnesses today because one of the things that strikes me that we are struggling with is i think various times in each one your products. the thing is, human health...
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Mar 7, 2024
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and i am going to submit this for the record as well, mr. chairman. and i urge arizonans or anybody else interested to check it out. thank you. chair casey: thank you, senator kelly. that will be accepted for the record, not just submitted. we will turn next to senator vance. sen. vance: thank you. welcome to our witnesses. thank you for being here and welcome to all of our guests. i want to direct questions to you, ms. simpkins. i appreciate you being here. i am particularly concerned about some of the estimates i have seen about labor shortages at our long-term care facilities. not just now. i know there is an immediate problem of not enough people at some of our elderly care facilities. but i saw an estimate that by 2030 we will need -- obviously people will retire and drop out of the workforce, but we also have changing demographics in this country. we are growing older is a country. i read we will need an additional 7 million long-term caregivers at these elder care facilities. that seems like a shocking estimate to me. it is hard to imagine how
and i am going to submit this for the record as well, mr. chairman. and i urge arizonans or anybody else interested to check it out. thank you. chair casey: thank you, senator kelly. that will be accepted for the record, not just submitted. we will turn next to senator vance. sen. vance: thank you. welcome to our witnesses. thank you for being here and welcome to all of our guests. i want to direct questions to you, ms. simpkins. i appreciate you being here. i am particularly concerned about...