Tag: Insurance Pricing

Blueprint to Lower Drug Prices could offer a way forward in fight against mushrooming costs | TheHill

Blueprint to Lower Drug Prices could offer a way forward in fight against mushrooming costs | TheHill

At a hearing before the Senate Finance Committee last month, Sen. Sherrod Brown (D-Ohio) asked Health and Human Services Secretary Alex Azar if he agreed “that there are scenarios where pharmaceutical companies increase the list price of their product and price-gouge consumers for no reason other than to increase their profit margin?” Secretary Azar’s response […]

Drivers Can Get Cheap Car Insurance Quotes And Save Money | Benzinga

Drivers Can Get Cheap Car Insurance Quotes And Save Money | Benzinga

Car insurance companies have their own rules regarding clients’ classifications and costs. Furthermore, many companies use price optimization in order to slowly increase the costs over time. This means that the offer the client thought it was the best last 2-3 years ago, may now be really expensive. And other offers, much better, have appeared […]

Drug prices rise, as pharma prospers from tax law, group argues | STAT

Drug prices rise, as pharma prospers from tax law, group argues | STAT

WASHINGTON — A tax policy group here is trying to rally outrage over last year’s Republican-backed tax cut by pointing to one of its main beneficiaries: the pharmaceutical industry. Americans for Tax Fairness, a coalition of left-leaning groups that advocate for placing a heavier tax burden on corporations and the wealthy, said in a report […]

Pfizer’s Logical Approach to Price Increases | Strategic Pricing Solutions

Pfizer’s Logical Approach to Price Increases | Strategic Pricing Solutions

Last week Pfizer announced increases in the list prices of more than 40 drugs for the second time within the year.  The increases average 9.4%.  Although there could be some political backlash, the pricing strategy is logical.  Pfizer is recognizing their pricing power, they are incorporating buyer psychology into their process, and they are taking […]

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What Does a Drug Cost? It Depends on Where You Live | The New York Times

What you pay at the pharmacy for generic drugs can vary widely based on where you live, according to a new analysis by the consumer website GoodRx. The study, which looked at 500 commonly used drugs in 30 American cities, highlights just how unpredictable drug prices can be. The cost of common drugs like the […]

Car insurance shock – How your email address could increase your premium cost | Express.co.uk

Car insurance shock – How your email address could increase your premium cost | Express.co.uk

The investigation found that several insurance companies gave different quotes depending on whether it was a Gmail, Yahoo or Hotmail address being used. Three quotes were ran on three different comparison sites, with the same details on each, with the type of email address being the only variant. The first 12 quotes received on the Confused.com and […]

Drugmakers defy Trump’s call to drop prices | POLITICO

Drugmakers defy Trump’s call to drop prices | POLITICO

President Donald Trump in May said that drugmakers would soon announce “massive” price cuts, and his administration rolled out a plan to bring down the cost of medicines. But the companies don’t appear to have gotten that message. Bayer raised the price of two cancer drugs by hundreds of dollars in May and Novartis followed […]

Publish Your Prices, Boost Your Bottom Line | HealthLeaders Media

Publish Your Prices, Boost Your Bottom Line | HealthLeaders Media

Publicly listing prices for common surgeries helped to boost revenue and patient satisfaction. That’s the finding from a small study of ambulatory surgical centers across the country by Johns Hopkins researchers and published in the April issue of The American Surgeon. Consumers are increasingly demanding more control over their healthcare decisions, including how much they […]

Where is price transparency in healthcare?: Mark Galvin (Opinion) | cleveland.com

Where is price transparency in healthcare?: Mark Galvin (Opinion) | cleveland.com

In almost every industry in the United States, consumers are able to easily access price information to shop. The first requirement to bring buyers and sellers together in a market is to agree on what will be paid for goods or services. For those of us who have studied even the most basic economic theory […]

Doctors should know the cost of the drugs they prescribe, but most don’t | Dallas News

Doctors should know the cost of the drugs they prescribe, but most don’t | Dallas News

On July 1, more than 30,000 new doctors will begin medical residency and have the honor of serving patients across the spectrum of health care. I am one of them. And I’m concerned that we will contribute to the $750 billion epidemic of excessive health care spending, according to a 2012 Institute of Medicine report, and risk […]