Tag: Price Gouging

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon faces complaints of price gouging ahead of Irma | CBS News

Amazon said it doesn’t engage in surge pricing, and denied that bottled water prices have changed recently. “We do not engage in surge pricing,” the spokeswoman said in a statement. “Amazon prices do not fluctuate by region or delivery location. Prices on bottled water from Amazon, and third-party sellers that are doing their own fulfillment […]

Bull of the Day: Jazz Pharmaceuticals (JAZZ) | Nasdaq.com

Bull of the Day: Jazz Pharmaceuticals (JAZZ) | Nasdaq.com

Following this important FDA approval, several Wall Street investment banks updated their thesis on JAZZ. Janney Montgomery Scott analyst Ken Trbovich raised his price target on $192 from $180 while maintaining a Buy rating. Trbovich believes the company can benefit from Vyxeos technology by internally developing an oncology pipeline for which the company is not […]

A proactive approach to working with regulators | PropertyCasualty360

A proactive approach to working with regulators | PropertyCasualty360

The relationship between insurers and regulators has always been challenging. This is true for any number of reasons, some of which are understandable given the nature of the roles that regulators perform, and the sheer number of requirements across the U.S. For instance, an approach to policy pricing that’s approved by regulators in one state […]

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Congressmen Say Pricing for Multiple Sclerosis Drugs Doesn’t Add Up | Bloomberg BNA

Manufacturers of multiple sclerosis drugs may be raising prices for the costly treatments in lockstep with each other, two Congressional Democrats said. Rep. Elijah E. Cummings (D-Md.), ranking member of the House Committee on Oversight and Government Reform, and Rep. Peter Welch, (D-Vt.), a senior Democrat on both the Oversight Committee and the Committee on […]

How is the draft pharma policy revamping drug price regulation? | Business Standard News

How is the draft pharma policy revamping drug price regulation? | Business Standard News

The draft pharmaceutical policy has been recently circulated by the Department of Pharmaceuticals (DOP) to a select group of organisations. Its concerns are spread across at least three ministries – DOP, health and commerce, the last for issues related to patents. The Wire earlier reported on the range of issues it aims to cover including […]

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending, price growth slows in 2017 but job growth spikes | Healthcare Finance News

Healthcare spending growth slowed in 2016, and the trend appears to be continuing, according to the August 2017 Altarum Institute Center Health Sector Trend report. According to the report, spending grew by only 4.6 percent in 2016 and estimates based on new data have the downward trend continuing with growth for the first half of […]

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

Thousands were fleeing Harvey. This Texas hotel started nearly tripling room prices | Fort Worth Star-Telegram

“Because people are calling to take rooms,” the clerk said, according to KXAN, adding that “we need to (inaudible) the price. I don’t have any control on the price.” The next morning, the TV crew again confronted a hotel clerk. They got a clerk to confirm that room rates were normally around $119 a night—but […]

Cab operators cash in on commuters’ misery | The Tribune India

Cab operators cash in on commuters’ misery | The Tribune India

To add to the misery of office-goers, ‘surge’ on taxi aggregators such as Ola and Uber had risen exponentially by a multiple of 3. For a distance of about 10 km, the cabs were charging an exorbitant rate of Rs 350-Rs 370 for the low-cost UberGo and Ola Mini categories in the morning. The fares […]

When given the chance to pay less, patients choose cheaper prescription drugs | Berkeley News

When given the chance to pay less, patients choose cheaper prescription drugs | Berkeley News

As prescription drug spending continues to rise in the United States, along with prices for new and well-established drugs, insurers, employers and patients are searching for ways to cut costs. A new study led by UC Berkeley researchers found that a policy called reference pricing is effective at encouraging patients to spend significantly less on […]

Biogen & 6 Other Multiple Sclerosis Drug Stocks in Focus: Here’s Why | Nasdaq.com

Biogen & 6 Other Multiple Sclerosis Drug Stocks in Focus: Here’s Why | Nasdaq.com

Drug pricing is back in the news with an investigation being launched by Rep. Elijah E. Cummings and Rep. Peter Welch into the skyrocketing prices of multiple sclerosis (“MS”) drugs. MS, an unpredictable and often disabling disease of the central nervous system (“CNS”), interrupts the flow of information within the brain and between the brain […]