Saving Money, Saving Lives

Saving Money, Saving Lives

Both the member companies and unions of PILMA make large private investments that save significant amounts of money for individuals, health plans and government programs.

  • Pharmaceutical innovation: New drugs enhance public health while replacing more costly and risky medical procedures.
  • Medicare Part D: Tremendous success in terms of health benefits, budget savings and popularity.
  • Union training: $1 billion invested every year – entirely from private sources – in training, apprenticeship, certification and continuing education programs.