OnDemand WTP Pricing Research

Tag: Health Insurance Pricing

House Democrats’ internal feud over prescription drug prices, explained | Vox

House Democrats’ internal feud over prescription drug prices, explained | Vox

The United States has some of the highest prescription drug prices in the world, and this summer, Democratic House leadership will unveil a plan to fix that — though questions remain about just how effective this measure will be. Reducing prescription drug prices was a key plank of House Democrats’ platform during the 2018 midterms. […]

Senate Judiciary Committee plans markup of drug pricing bill this month | TheHill

Senate Judiciary Committee plans markup of drug pricing bill this month | TheHill

The Senate Judiciary Committee is planning a markup of legislation to lower drug prices this month, Sen. Lindsey Graham (R-S.C.), the panel’s chairman, told The Hill on Wednesday. The action from the Judiciary Committee is a sign of the movement on the issue of drug pricing in both parties, which could provide Congress with a […]

Pelosi to change drug-pricing plan after progressive complaints | TheHill

Pelosi to change drug-pricing plan after progressive complaints | TheHill

Speaker Nancy Pelosi (D-Calif.) is making changes to her drug pricing plan after complaints from the Congressional Progressive Caucus (CPC). Pelosi told lawmakers, including the heads of the Progressive Caucus, during a private meeting Wednesday night that she had heard their complaints. The CPC chairpeople, Reps. Mark Pocan (D-Wis.) and Pramila Jayapal (D-Wash.), had been […]

The $2.1 Million Question: What Are The Medical, Ethical Implications Of The World’s Priciest Drug? | Forbes

The $2.1 Million Question: What Are The Medical, Ethical Implications Of The World’s Priciest Drug? | Forbes

With last month’s FDA approval, Zolgensma became the world’s most expensive medication. Priced at $2.125 million per patient, the one-dose gene therapy is a potential life-saver for children with spinal muscular atrophy (SMA). Now, the treatment is at the center of an intensifying debate over the rising price of medications. Industry watchdogs are outraged. They […]

Lawsuit: ‘Broad Conspiracy’ of Drugmakers Inflating Market | Law & Crime

Lawsuit: ‘Broad Conspiracy’ of Drugmakers Inflating Market | Law & Crime

In May, a bloc of Attorneys General from 44 states filed a federal lawsuit against pharmaceutical giant Teva Pharmaceutical Industries–the largest producer of generic drugs in the world–and 19 others, alleging that drugmakers engaged in “a broad conspiracy to artificially inflate and manipulate prices” for more than 100 different generic drugs. Connecticut Attorney General William […]

Reverse Reference Pricing: Rewarding Patients For Reducing Medicare Costs | Health Affairs

Reverse Reference Pricing: Rewarding Patients For Reducing Medicare Costs | Health Affairs

Prices for health care services vary significantly, not only across markets but also within markets across settings of care. For example, the same services or care received in hospital outpatient departments (HOPDs) can cost several times as much as care received in ambulatory surgery centers (ASCs), with no difference in quality. This significant variation in […]

States Call for Transparency From PBMs Following Report About Spread Pricing | BioSpace

States Call for Transparency From PBMs Following Report About Spread Pricing | BioSpace

Days after a Scripps Research study supported the argument that the rebate system controlled in part by Pharmacy Benefits Managers (PBMs) has led to an increase in higher drug prices, some state governments are now moving toward greater regulation of the industry. Massachusetts and some other states are pursuing action to increase oversight of PBMs […]

International Pricing Index for Medicare Part B Drugs | The Incidental Economist

International Pricing Index for Medicare Part B Drugs | The Incidental Economist

The Centers for Medicare & Medicaid Services (CMS) has proposed the International Pricing Index (IPI) model as a way of addressing the rising costs of prescription drugs for Medicare beneficiaries. What is it and how would it work? First some background: How is Medicare’s drug coverage currently structured? Medicare offers prescription drug coverage to its […]

How to bring down the high cost of prescription drugs now | missoulian

How to bring down the high cost of prescription drugs now | missoulian

Americans pay the highest brand-name drug prices in the world while drug companies rake in billions. Congress, the administration and Montana state legislators must take action to lower prescription drug prices. In March, AARP launched a nationwide campaign urging federal and state policymakers to “Stop Rx Greed” by cracking down on price-gouging. AARP’s goal is […]

A $2.1 Million Drug Price Record Is Made to Be Broken | The Washington Post

A $2.1 Million Drug Price Record Is Made to Be Broken | The Washington Post

The record $2.1 million price tag for Novartis AG’s gene therapy Zolgensma – a one-time treatment for a deadly childhood disease that was approved by the Food and Drug Administration on Friday – evokes two very different responses. Critics see out-of-control pricing behavior. Supporters say the sticker-shocked are ignoring the creation of a possible cure for a disease that kills children before their second […]