OnDemand WTP Pricing Research

Tag: Price Gouging

Medicare could save $73B by matching drug prices of other countries, study says | Becker’s Hospital Review

Medicare could save $73B by matching drug prices of other countries, study says | Becker’s Hospital Review

By using external reference pricing to match U.S. drug prices to those in Japan, the U.K. or Canada,  Medicare could have saved nearly $73 billion in 2018, according to a new study published in Health Affairs. Five things to know: 1. For the study, researchers analyzed 79 medicines that Medicare Part D spent the most on […]

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’ | The Columbus Dispatch

Consumers’ office says FirstEnergy amendment will lead to ‘price gouging’ | The Columbus Dispatch

The office charged with defending Ohio consumers in utility matters says a House-added budget provision would subject 1.1 million FirstEnergy customers to “price gouging.” Among the many amendments added to the two-year budget bill is one changing the calculation of “significantly excessive earnings” for Akron-based FirstEnergy. This would change how the Public Utilities Commission of […]

Best and worst car hire companies revealed | Which? News

Best and worst car hire companies revealed | Which? News

Starting life in Alicante in 1985 with just four Ford Fiestas and an Escort, Goldcar has grown to become one of Europe’s biggest budget providers with offices in 17 countries. Despite offering attractive headline prices, from as low as £1.20 per day, the company received just two stars for value for money. Customers told Which? […]

Rebate elimination won’t lower list prices | POLITICO

Rebate elimination won’t lower list prices | POLITICO

CBO PREDICTS LIST PRICES WON’T DROP UNDER REBATE RULE — Drug manufacturers aren’t likely to lower list prices if the Trump administration finalizes its proposal to eliminate manufacturer rebates to pharmacy benefits managers in Medicare and Medicaid, a new CBO analysis concludes. The administration has argued that eliminating rebates should lead to lower list prices, […]

Lake County rescinds rent-gouging ordinance adopted after 2017 wildfires | The Press Democrat

Lake County rescinds rent-gouging ordinance adopted after 2017 wildfires | The Press Democrat

The Lake County Board of Supervisors has dropped an anti-rent gouging ordinance adopted after the devastating Northern California wildfires in 2017. Supervisors said this week the ordinance, which threatened a $20,000 fine for those who significantly increased rents following the October 2017 Sulfur fire, was no longer needed, according to a county press statement. More […]

Local ERs eye legislation to address fee transparency | Austin American-Statesman

Local ERs eye legislation to address fee transparency | Austin American-Statesman

Local providers mixed on HB 2041 In western Travis County, emergency rooms are split over the legislation moving forward. Tammy Smittle, CEO of The Hospital at Westlake Medical Center CEO, said the bill promotes price transparency, making it a “win” for patients. Her hospital is an independent, full-service facility owned by physicians. “Healthcare is becoming […]

Girl’s $143,000 bill for snakebite treatment reveals antivenin price gouging | Ars Technica

Girl’s $143,000 bill for snakebite treatment reveals antivenin price gouging | Ars Technica

Snakebites can be painful and scary. But they may seem like weak nips after the hospital’s billing department sinks their teeth in. Emergency treatment for a copperhead bite in a 9-year-old Indiana girl last summer cost a jaw-dropping $142,938, according to a report by Kaiser Health News. The bill includes $67,957 for four vials of […]

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

Unregulated gas-price ‘gouging’ means huge profits at the expense of drivers in Vancouver, says economist | The Star

VANCOUVER—Is it time to cap gas prices? With consumers paying record-high prices in Metro Vancouver, Premier John Horgan said this month his government would consider “some relief” for those who can’t afford $1.70 a litre. At least one economist says assistance should come in the form of regulation. Marc Lee, a senior economist at the […]

Rail bosses set out plans for ‘dynamic’ pricing, meaning fares could vary to match demand | Daily Mail Online

Rail bosses set out plans for ‘dynamic’ pricing, meaning fares could vary to match demand | Daily Mail Online

Rail bosses yesterday set out plans for ‘dynamic’ pricing – varying fares to match demand. The rigid system of peak and off-peak times could be relaxed so that passenger numbers are ‘spread more evenly’, a report said. Travellers would be able to buy cheaper tickets on the day for quiet trains, while busy services would […]

Hospitals sue over price curbs | Bangkok Post

Hospitals sue over price curbs | Bangkok Post

Private hospitals have filed a lawsuit with the Central Administrative Court against the Commerce Ministry’s proposal to put medical and healthcare expenses on the state price control list. They said the proposal and ensuing attempts to control the prices of such products and services have damaged their business. Commerce permanent secretary Boonyarit Kalayanamit said the […]