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Tag: Price Gouging

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

For years, observers from across the spectrum have called for more price transparency in health care, especially when it comes to hospitals. Thanks to initiatives from the White House and a key Senate committee, that moment is now close at hand. Proposed rule could revolutionize hospital markets On July 30, the Centers for Medicare and […]

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer announced Monday it will merge its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment, a business that faces significant political pressure in the US. The new entity, which will be renamed upon the deal’s closure, will have a portfolio that includes impotence drug Viagra, cholesterol pills Lipitor, […]

Trump proposes hospitals publish prices negotiated with insurers | CNBC

Trump proposes hospitals publish prices negotiated with insurers | CNBC

The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers or risk being fined. The proposed rule, announced Monday, would apply to the roughly 6,000 hospitals that accept Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for […]

Senate Finance drug pricing bill faces opposition in full Senate | Healthcare Finance

Senate Finance drug pricing bill faces opposition in full Senate | Healthcare Finance

The Prescription Drug Pricing Reduction Act that passed in the Senate Finance Committee by a bipartisan vote of 19 to 9 is facing opposition from some Republicans in the full Senate. The bill is scheduled to go before the Senate in the fall, but some GOP senators oppose the legislation as price control. Senate Majority […]

Generics in Media: Pricing Battles and Reputational Challenges | Commetric

Generics in Media: Pricing Battles and Reputational Challenges | Commetric

The notoriously high prices of medicines in the US have sparked off fierce debates among a wide range of stakeholders, including patients, providers, payers, academics and policy makers. The media has got into the habit of reminding us that Americans spend more on prescriptions drugs than the patients in any other developed country – around […]

Thai Commerce Ministry promotes market integration in fruit pricing | Thai Visa – The Nation

Thai Commerce Ministry promotes market integration in fruit pricing | Thai Visa – The Nation

BANGKOK, 29 July 2019 (NNT) – Selling prices at farms for some fruit such as mangosteens have recently plummeted due to an oversupply during the harvest season. The Department of Internal trade has now invited retailers including petrol stations to join a video conference with commercial affairs officials across the country, to find applicable solutions […]

How 4 healthcare providers will respond to Trump’s price transparency order | Becker’s Hospital Review

How 4 healthcare providers will respond to Trump’s price transparency order | Becker’s Hospital Review

Reaction Data, a an online healthcare research platform based in American Fork, Utah, recently surveyed nearly 300 healthcare leaders about their opinions on the executive order signed by President Donald Trump June 24 related to price disclosure. The executive order aims to lower healthcare costs by improving price transparency. It directs governmental agencies to set rules requiring […]

Digby Solomon: Clarity in health pricing would serve consumers | pilotonline.com

Digby Solomon: Clarity in health pricing would serve consumers | pilotonline.com

YOU WOULD NOT purchase an airplane ticket, a new house or a new car without knowing beforehand what you will pay. But too often we willingly accede to medical treatments without benefit of a similar accounting from our doctors and hospitals. President Donald Trump raised hackles in the hospital and health insurance industries last month […]

Ice cubes of Swiss gas stations are expensive. Rip-off? View | KXan 36

Ice cubes of Swiss gas stations are expensive. Rip-off? View | KXan 36

At these prices, you drink your Cocktail rather warm! Ten francs for five kilograms of ice cubes? Frozen water, ready in the bag, not more. Ten francs, so deeply must the consumer of the Swiss tank in the bag to grab. Clear, it usually pays in the tank stores a little more. But such prices […]

SA Water prices set to fall after inquiry finds users overcharged to aid budget | ABC News (Australian Broadcasting Corporation)

SA Water prices set to fall after inquiry finds users overcharged to aid budget | ABC News (Australian Broadcasting Corporation)

South Australian Treasurer Rob Lucas has promised water bills will begin to fall from next year, after an inquiry found SA Water prices had been artificially inflated under the former state government to boost returns to the budget. Key points: SA Water bills tripled in 16 years An inquiry finds the value of SA Water’s […]