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Cigna to cap insulin cost amid federal drug pricing scrutiny | Modern Healthcare

Cigna to cap insulin cost amid federal drug pricing scrutiny | Modern Healthcare

Health insurer Cigna Corp. and its newly acquired pharmacy benefit manager Express Scripts said Wednesday they plan to reduce out-of-pocket costs for life-saving insulin for some diabetic customers. The companies said commercially-insured patients whose employers opt into the program will pay no more than $25 for a 30-day supply of insulin. Typically, Cigna and Express […]

Power retailer Synergy found to have price-gouged customers | The New Daily

Power retailer Synergy found to have price-gouged customers | The New Daily

Electricity producer Synergy overcharged industrial customers for the price of energy in the wholesale market by up to $100 million, in a move which may have also pushed up prices for households, an investigation by Western Australia’s independent economic regulator has found. The Economic Regulation Authority (ERA) said Synergy had breached market rules requiring it […]

Pricer’s Points: Five Myths About Price and Discounting | Mark Boundy

Pricer’s Points: Five Myths About Price and Discounting | Mark Boundy

I can’t think of any concepts more misunderstood than price, pricing, and discounting. An alarming number of businesses price poorly, losing out on profits as a result. We even teach falsehoods about price at the college level. Let’s discuss five myths about pricing, and its Mr. Hyde alter-ego, discounting. I usually start breathing fire on this topic, so […]

As Netflix Implements Price Hikes, How Much Pricing Power Does It Have Left? | TheStreet

As Netflix Implements Price Hikes, How Much Pricing Power Does It Have Left? | TheStreet

If you’re a Netflix subscriber, that charge on your credit card might be a little higher next month. The streaming giant announced another round of price hikes in January, and they’re going into effect now or soon — on May 1 for many current subscribers, though the exact timing of the price increase will depend on your […]

Congestion pricing is approved. What does that mean for Brooklyn? | Brooklyn Eagle

Congestion pricing is approved. What does that mean for Brooklyn? | Brooklyn Eagle

After years of debate, congestion pricing in New York City was approved in the $175 billion 2020 budget hashed out by the state legislature and Gov. Andrew Cuomo on Sunday. Cuomo touted the measure, which has been discussed since the days of Gov. Nelson Rockefeller, as a means of funding and reforming the MTA and […]

Pink tax event to be held on March 28 for Women’s History Month | The Daily Nebraskan

Pink tax event to be held on March 28 for Women’s History Month | The Daily Nebraskan

An event covering gender inequity in retail pricing will close out the celebration of Women’s History Month at the University of Nebraska-Lincoln. University Housing’s Multicultural Awareness and Diversity Education committee will host “The Pink Tax” event in the Harper Dining Center conference room on Thursday, March 28 from 6 to 8 p.m. Matt Papa, MADE’s […]

Selecting a pricing strategy for your event | Race Roster

Selecting a pricing strategy for your event | Race Roster

Pricing is one of the most important aspects of putting on a successful event, which is why selecting the right pricing strategy is key. When choosing a pricing strategy, it’s important to keep your audience and brand identity in mind. Whether your event has multiple sub-events or one marquee event, Race Roster offers three pricing […]

Columbia Business School Research Finds that Customization of Pricing Is Not Always the Best Strategy for Retailers or Consumers | Columbia Business School

Columbia Business School Research Finds that Customization of Pricing Is Not Always the Best Strategy for Retailers or Consumers | Columbia Business School

NEW YORK, March 21, 2019 /PRNewswire/ — As large retail chains compete with online retailers to maintain their hold on the market, a Columbia Business School study shows that it’s time to stop trying to meet consumers based on their geography. For decades, retailers have employed the strategy of adjusting their pricing store-by-store to match local […]

Can Amazon Reinvent the Traditional Grocery Store? [Podcast] | Knowledge @ Wharton

Can Amazon Reinvent the Traditional Grocery Store? [Podcast] | Knowledge @ Wharton

The Journal said Amazon’s supermarket concept strongly resembles ideas from a 2013 report by former Deloitte consultant Brittain Ladd, who now works for AmazonFresh. That report sees Amazon’s supermarkets combining its discounting strategy with online capabilities, adding drive-through grocery pick-up and placing Amazon Lockers inside. The goal is to create “an ecosystem of channels centered […]

Workshop: Pricing Innovation – Setting the Right Price for New Products or Services | PriceBeam

Workshop: Pricing Innovation – Setting the Right Price for New Products or Services | PriceBeam

Agenda Participants will have the chance to listen to and network with our expert panel over breakfast. 8.00 AM > Meet & Greet, Breakfast, and networking 8.20 AM > Finn Helmo Hansen will present “Using Market Research to Price Innovation. Setting the right price for new products or services.” 09.15 AM > Mark Peacock will present “How smarter pricing strategies […]