Tag: Health Insurance Pricing

Intermountain’s Liljenquist on price transparency, insulin and having 3 brothers with diabetes | Healthcare Dive

Intermountain’s Liljenquist on price transparency, insulin and having 3 brothers with diabetes | Healthcare Dive

As Intermountain Healthcare looks to upend the status quo by launching its own generic drug manufacturing firm, the health system is hoping the deal forces more transparency in the industry. Healthcare Dive chatted with Dan Liljenquist, the man leading the charge behind Civica Rx, about the status of the nonprofit drug venture as it looks to […]

A Tough Negotiator Proves Employers Can Bargain Down Health Care Prices | WUTC

A Tough Negotiator Proves Employers Can Bargain Down Health Care Prices | WUTC

A showdown with Montana’s hospitals Bartlett arrived in Helena, the state capital, in fall 2014 as an outsider navigating a minefield of established relationships. From the start, she knew she would have to tackle the staggering bills from the state’s hospitals, which made up the largest chunk of the plan’s expenses. It wouldn’t be popular […]

CMS Clarifies Healthcare Price Transparency Rules for Hospitals | RevCycle Intelligence

CMS Clarifies Healthcare Price Transparency Rules for Hospitals | RevCycle Intelligence

October 01, 2018 – CMS recently expanded on new healthcare price transparency requirements for hospitals in a series of frequently asked questions (FAQs) published on its website. The FAQs cover which hospitals are subject to the new requirements, the definition of machine-readable, and what items and services furnished at the hospital must be included on the […]

Report highlights significant variation in healthcare costs | Augusta Free Press

Report highlights significant variation in healthcare costs | Augusta Free Press

Unlike insurers and employers, those without health insurance have very little information to help to negotiate costs.  On VHI’s website, consumers can gain leverage by using the average amount health insurance companies approve.  “With the release of the 2016 Healthcare Pricing Transparency report, VHI continues to serve as an unbiased resource for consumers trying to […]

Three take-aways from Nancy Guinto’s transparency testimony to the US Senate HELP Committee | State of Reform

Three take-aways from Nancy Guinto’s transparency testimony to the US Senate HELP Committee | State of Reform

Nancy Guinto, Executive Director of the Washington Health Alliance (WHA), testified before the US Senate HELP (Health, Education, Labor and Pensions) Committee last week about how price transparency initiatives can increase value in health care. The hearing was fourth in a series of five HELP committee hearings to examine health care cost reduction industry wide. […]

96 prescription drug price increases for every cut, AP finds | OregonLive

96 prescription drug price increases for every cut, AP finds | OregonLive

NEW YORK — President Donald Trump made reducing drug prices a key promise during his election campaign, repeatedly accusing drugmakers of “getting away with murder.” At the end of May, he promised that drug companies would be announcing “massive” voluntary drug price cuts within two weeks. That hasn’t happened, and an Associated Press analysis of […]

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

Over the first 7 months of 2018, there were 96 price hikes for every price cut, an Associated Press (AP) analysis reported, although there were fewer and smaller price hikes than in years past. The AP analyzed 26,176 list price changes for brand-name prescription drugs from January 1 through July 31 in the years 2015 […]

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

He said several states have passed drug price transparency laws, and he plans to make it his legislative priority if he wins a seat in November. “I’m calling this little trek the road to affordable health care,” he recently told members of the Geauga County Democratic Party. Kennedy will carry hundreds of Ohio citizen signatures […]

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Industry officials did indeed take issue with the amendment; the Pharmaceutical Research and Manufacturers of America (PhRMA) spoke out against the proposal in its July comments to HHS on the administration’s drug pricing blueprint, saying “FDA should not pursue any required disclose of list prices in direct-to-consumer pharmaceutical advertising. Such a requirement could confuse patients since […]

To Include Or Not Include Drug Prices In DTC Ads | Forbes

To Include Or Not Include Drug Prices In DTC Ads | Forbes

For quite some time, consumer groups, patient advocates, and even several medical professional societies have called for direct-to-consumer (DTC) advertisements to include information on drug pricing. In June 2017 the American Medical Association put out a statement explicitly arguing in favor of inclusion of drug prices in DTC advertisements. And in late August this year, the […]