OnDemand WTP Pricing Research

Tag: Drug Pricing

CMS doubles down on Medicare price transparency efforts | Health Data Management

CMS doubles down on Medicare price transparency efforts | Health Data Management

Seema Verma, administrator of the Centers for Medicare and Medicaid Services, wants healthcare providers to improve their cost transparency as patients need to know the price they will pay for their treatments. “Can you imagine going to the grocery store, getting the groceries you need for a week, but never knowing the price of your […]

Why Don’t People Price Shop For Medical Services? | Healthy Magazine

Why Don’t People Price Shop For Medical Services? | Healthy Magazine

The savvy reader may wonder, doesn’t higher price mean better quality? Research suggests that price is not a good predictor of outcome. In fact, many hospitals aren’t aware of how much a procedure actually costs them. They are simply setting the best price they can. It’s a business run on profit, after all. The disconnect […]

Folwell: Hospitals want to derail transparency measures | Laurinburg Exchange

Folwell: Hospitals want to derail transparency measures | Laurinburg Exchange

Folwell said the recent settlement of a civil antitrust lawsuit filed by the U.S. and N.C. Justice Departments against Atrium Health, formerly known as Carolinas Healthcare System, exposed costly practices for consumers, including shielding them from information about high-quality, cost-effective coverage. “In the spirit of this settlement, I’m calling on all North Carolina hospitals to […]

FDA promised a ‘lower-cost option’ to EpiPen, but the price isn’t any lower | STAT

FDA promised a ‘lower-cost option’ to EpiPen, but the price isn’t any lower | STAT

File this under “When is a bargain not really a bargain?” Three months ago, the Food and Drug Administration approved a generic version of the EpiPen allergy-relief device and made a point of noting the new product from Teva Pharmaceutical (TEVA) would offer a “lower-cost option.” But Teva is not offering the sort of alternative […]

Better health care price transparency coming soon | Wyoming Business Report

Better health care price transparency coming soon | Wyoming Business Report

SWEETWATER COUNTY — In April the Centers for Medicare and Medicaid Services proposed a new rule requiring hospitals to publish a list of standard charges on their websites. The rule will go into effect on Jan. 1, 2019. The goal of the rule is to “empower patients through better access to hospital price information, improve […]

Insured Consumers Struggling With Prescription Drug Costs | Health Payer Intelligence

Insured Consumers Struggling With Prescription Drug Costs | Health Payer Intelligence

Despite the overwhelming majority of respondents (94%) having health insurance that should help pay for prescriptions, a sizeable percentage (42%) still report paying for medications as somewhat to very difficult. It should be noted that the bulk of respondents (47.5%) received prescription coverage through their employers, nearly three times as many as those covered under […]

Trump’s latest drug pricing plan may offer benefits to patients, but faces obstacles | Healio

Trump’s latest drug pricing plan may offer benefits to patients, but faces obstacles | Healio

The Trump administration’s latest effort to reduce drug prices met with generally positive reviews from policy analysts, who also noted the difficult path ahead to put the plan into effect. In a speech in October, President Donald J. Trump unveiled his proposal, the International Pricing Index, which would gradually lower drug payment levels to levels […]

Trump’s Drug Pricing Czar Found With ‘Multiple Blunt Force Injuries,’ Ruled Suicide | The Epoch Times

Trump’s Drug Pricing Czar Found With ‘Multiple Blunt Force Injuries,’ Ruled Suicide | The Epoch Times

The high-level federal official tasked with lowering drug prices was found dead and, according to authorities in Washington, took his own life. Daniel Best was the senior adviser to Alex Azar, secretary of Health and Human Services (HHS), for drug pricing reform. … Two days before his death, HHS published a question-and-answer article where Best explained […]

Health IT Adoption of Surescripts Price Transparency Tool Surges | EHR Intelligence

Health IT Adoption of Surescripts Price Transparency Tool Surges | EHR Intelligence

November 16, 2018 – Surescripts is experiencing a surge in new users as health IT adoption of its Real-Time Prescription Benefit tool increases fortyfold in a year. Prescribers have so far used the tool 30 million times to view patient-specific price and therapeutic alternative information since the EHR-integrated tool’s launch in 2017. EHR vendors comprising 77 […]

Pfizer preps a laundry list of drug price hikes for the New Year — let the political fireworks begin | Endpoints News

Pfizer preps a laundry list of drug price hikes for the New Year — let the political fireworks begin | Endpoints News

Pfizer is billing this as a re­strained and com­pletely rea­son­able move, but the pharma giant has just thrown down a gaunt­let beg­ging Pres­i­dent Don­ald Trump to pick it up. On Fri­day af­ter­noon the pharma giant $PFE put out a state­ment say­ing that it’s hold­ing the price line on 90% of its drug port­fo­lio come the […]