Tag: Health Insurance Pricing

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As opioid crisis rages, cost of overdose antidote spikes | WYMT

As the opioid epidemic continues to kill tens of thousands of Americans each year, the drug naloxone has proved invaluable in preventing overdose-related deaths. Yet a spike in its cost in recent years has constrained access to naloxone, potentially depriving health care professionals, emergency responders and families of a critical treatment than can save lives. […]

HHS sued over delay in drug pricing transparency regulations | Beckers Hospital Review

HHS sued over delay in drug pricing transparency regulations | Beckers Hospital Review

The American Hospital Association and six other health organizations  have sued HHS for delaying the implementation of rules that would force drug companies to be open about their pricing and punish them for overcharging participants in a federal drug discount program. Six things to know: 1. The 340B drug pricing program, enacted nearly three decades […]

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Hospitals sue to require drug pricing transparency in 340B | Healthcare Dive

Dive Brief: Four industry associations sued HHS for the second time over its delay in adding regulations to the 340B Drug Pricing Program that would require pricing transparency for drug manufacturers and penalties for overcharging hospitals covered under the program. Filed by the American Hospital Association, the Association of American Medical Colleges, America’s Essential Hospitals and 340B […]

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

The New Nonprofit Pharmaceutical World: What’s Up with That? | Nonprofit Quarterly

Civica Rx, a new nonprofit drug company based in Utah, is partnering with seven of the largest US hospital systems: Intermountain Healthcare, Catholic Health Initiatives, HCA Healthcare, Mayo Clinic, Providence St. Joseph Health, SSM Health, and Trinity Health. The coalition is investing in Civica’s ability to find creative solutions to tackle the devastating effects of […]

The Secret Drug Pricing System Middlemen Use to Rake in Millions | Bloomberg

The Secret Drug Pricing System Middlemen Use to Rake in Millions | Bloomberg

How Spread Pricing Works In an analysis of pharmacy and middleman markups in Medicaid plans around the country, Bloomberg found big spreads on dozens of drugs, and evidence that the spreads are growing. For many widely used generic drugs, state insurance plans are collectively paying millions of dollars in fees to private companies. CVS is […]

This New Non-Profit Drug Company Wants To Fix The US Healthcare Industry | IFLScience

This New Non-Profit Drug Company Wants To Fix The US Healthcare Industry | IFLScience

In a bid to combat the exorbitant, greed-driven pricing schemes of pharmaceutical companies and increase the availability of essential generic medications, seven large American hospital chains have joined forces to form a new non-profit drug company. The plans for this endeavor were first announced in January, and as of today, we now know the name, […]

Drug price transparency driving healthier supply chains | PharmaTimes

Drug price transparency driving healthier supply chains | PharmaTimes

The pharmaceutical industry has long faced criticism from governments when it comes to drug cost transparency. This is hardly surprising when we’re seeing cost pressures on healthcare systems continuing to escalate worldwide, leading to ever-increasing pressure on pharma companies to be more transparent about the cost to research, develop and manufacture drugs. So, where exactly […]

Our Opinion: Secret price lists inflate taxpayers’ health care costs | The Wilson Times

Our Opinion: Secret price lists inflate taxpayers’ health care costs | The Wilson Times

Folwell is on a noble crusade for price transparency in health care. Not only is the state health plan in the dark about the contract reimbursement rates for which it’s on the hook, but individual patients usually have no comprehension of how much a procedure will cost — or how much of the bill they’ll […]

Report: Prescription prices vary widely among pharmacies | WSTM

Report: Prescription prices vary widely among pharmacies | WSTM

In one example from Syracuse, a popular heartburn medication was sold at prices that ranged from a low of $189 to a high of $349. The report’s authors say the price disparities can cause big problems for people who don’t have prescription drug coverage. The report recommends that the state do a better job of […]

The Opaque Fight Against Price Transparency | Managed Care magazine

The Opaque Fight Against Price Transparency | Managed Care magazine

Public opposition would be unseemly, so insurers and hospitals work behind the scenes against price transparency. For those who doubt the importance of transparency in price and quality to free the market, you just have to look behind the public curtain and observe the fierceness with which the opponents of transparency are trying to keep […]