Merck & Co., Inc. Statement on Health Reform Meeting with President Obama |
WHITEHOUSE STATION, N.J., May 11, 2009 - In a meeting with President Obama at the White House today, Merck Chairman and CEO, Richard T. Clark, said the company is prepared to do its part to achieve comprehensive health care reform. "I told President Obama today that Merck will continue working with his administration and Congress to achieve real health reform this year and to resolve the affordability and access barriers that deny too many people medical care," said Mr. Clark. "We believe health reform, if done properly, will be good for patients and align perfectly with our mission." Today's meeting underscores several serious proposals already put forth by Merck. The company has been advocating for health care reform and has taken positions on the controversial issues that must be addressed to bring about comprehensive reform this year. "Successful health care reform will build on and improve on our existing public-private system that is uniquely American," said Mr. Clark. "I've seen how market competition can lower costs in the pharmaceutical sector, and the goal of systemic health reform should be to foster greater market competition around quality and price." Merck has long advocated for the creation of an independent body that will give providers and patients better information on the comparative effectiveness of different treatments and health care services. We believe all patients should know what their medical choices are and what it cost them as consumers. The company also supports proposals to reduce health spending by increasing competition around health outcomes for patients, and for changing the tax code to remove the incentives for unlimited health care spending. Furthermore, we believe all individuals should be required to purchase health insurance, every employer should provide insurance or pay into a fund, and the government should provide subsidies or insurance for those who cannot afford it. For more information on Merck's policy positions visit: www.merck.com/about/public_policy/home.html About Merck Forward-Looking Statement |
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