Tag: Insurance Pricing

States Stepping into the Breach on Drug-Pricing Transparency | Lexology

States Stepping into the Breach on Drug-Pricing Transparency | Lexology

In recent months President Trump, Food and Drug Administration Commissioner Scott Gottlieb, and Health and Human Services Secretary Alex Azar have all spoken publicly about the need to lower prescription drug prices and make the pricing models used by the nation’s drug manufacturers more transparent to consumers.  While at the federal level there has been […]

Trump plans first major speech on drug prices next week | POLITICO

Trump plans first major speech on drug prices next week | POLITICO

President Donald Trump is set to deliver his first major speech on drug prices on April 26, revisiting an issue he campaigned on but that is unlikely to yield major legislative changes. The strategy is unlikely to call for actions of the sort Trump touted on the campaign trail like allowing the government to negotiate […]

Three Big Reasons U.S. Healthcare Spending Outpaces Other High-Income Countries | Managed Healthcare Executive

Three Big Reasons U.S. Healthcare Spending Outpaces Other High-Income Countries | Managed Healthcare Executive

Key finding #2: Per capita spending for pharmaceuticals was $1,443 in the United States, compared with a range of $466 to $939 in other nations. For several commonly used brand-name pharmaceuticals, the United States had substantially higher prices than other countries. According to a Kaiser Family Foundation report, the United States is the world leader […]

CVS To Compare Drug Prices At The Pharmacy Counter | Forbes

CVS To Compare Drug Prices At The Pharmacy Counter | Forbes

CVS Health will introduce a new effort to help customers compare drug prices for more transparency at its pharmacy counters, ratcheting up pressure on the pharmaceutical industry and drug costs. Pharmacists have long advised patients on whether a drug is covered by insurance or whether a cheaper generic is available. But CVS admits a more […]

Cyber Risk Scoring, Automated Vehicles and Price Optimization: Read Recaps of “Hot Topic” RPM Sessions | Casualty Actuarial Society

Cyber Risk Scoring, Automated Vehicles and Price Optimization: Read Recaps of “Hot Topic” RPM Sessions | Casualty Actuarial Society

Price Optimization Continues as an Unresolved Issue As Price Optimization has gained more traction in the insurance industry, there has been a divergence of opinions regarding its use. Panelists Serhat Guven, FCAS, regional director, Willis Towers Watson, Wanchin Chou, FCAS, chief actuary of the Connecticut Department of Insurance and Birny Birnbaum, executive director of the […]

Trump’s Health Secretary Wants To Transform Healthcare. Can He? | Forbes

Trump’s Health Secretary Wants To Transform Healthcare. Can He? | Forbes

Reduce Hospital Costs Recent acts of Congress have accelerated the growth of hospital monopolies. Medicare Accountable Care Organizations–created through provisions in Obamacare—have encouraged hospital systems to buy up private practices in ways that expand hospitals’ market power and lead to higher prices. Azar has the ability to revise the ACO rules, and other Medicare regulations, […]

We Must Hold Big Pharma Accountable For Predatory Pricing | HuffPost

We Must Hold Big Pharma Accountable For Predatory Pricing | HuffPost

Big Pharma is pushing every scheme imaginable to squeeze money from the pockets of patients who need insulin to survive. Many with diabetes, faced with tripling insulin prices ($200 to $700 per month), are now forced to choose between life and rent. Some patients ― like 26-year-old Alec Raeshawn Smith, who aged out of his […]

Marketplaces Bring Competition To Healthcare | PYMNTS.com

Marketplaces Bring Competition To Healthcare | PYMNTS.com

Matchmakers ZendyHealth and Alegeus independently set out to provide consumers with a tool kit to help them make those hard decisions – and fund them, too. Now, the companies have joined forces to make it even easier to find the right care at the right price. In this week’s Matchmakers discussion, Dr. Vish Banthia, founder […]

Trump admin keeping drug price info under wraps | CNNPolitics

Trump admin keeping drug price info under wraps | CNNPolitics

The Department of Health and Human Services has not updated the databases that show the public how much money the government is paying for drugs, hospitals and physicians. The database has been instrumental for researchers, journalists and non-profit groups who keep tabs on trends in drug prices and abuses by physicians, and was considered to […]

Simple and complex risks split insurance pricing – Zurich | Strategic Risk Europe

Simple and complex risks split insurance pricing – Zurich | Strategic Risk Europe

“When it comes to new emerging risks, risk management is on the front line.” She noted that Zurich has taken a lead in offering international insurance programmes since 1978. “Back then, nobody dared to offer such covers,” said Tondu-Mélique. For general insurance pricing, she suggested commercial buyers had seen prices flatten after years of cheapening […]