May 4, 2020 - Health

Rep. Scott Peters: New medical innovations may save money over time

Congress should embrace new medical methods and technologies, like gene therapy treatments, because they may become cheaper than traditional medicines over time, Rep. Scott Peters (D-Calif.) said during an Axios virtual event on Monday.

What he's saying: "People, their initial reaction to technologies is that it must be more expensive," Peters said. "It's our job to show that it's more cost-effective over time."

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