Tag: Price Increases

Trump tries to break America’s addiction to high drug prices | Washington Examiner

Trump tries to break America’s addiction to high drug prices | Washington Examiner

President Trump, like former President Barack Obama, campaigned on the promise of taking on high drug prices. Trump, unlike Obama, is actually trying to keep that promise. The White House and the Department of Health and Human Services in recent days rolled out dozens of policies, which, if enacted, will lower the market prices we […]

Drug price ‘gag clauses’ make your medicine more expensive. Now, they’re under fire nationally | Philly

Drug price ‘gag clauses’ make your medicine more expensive. Now, they’re under fire nationally | Philly

Nancy Gordon is a retired insurance agent, fluent in health-care industry jargon, and even she can’t make sense of the prices she pays for prescription drugs. Last year, a three-month supply of Eliquis, which prevents blood clots, cost from $116 to $466 through her Medicare Part D prescription plan. The 75-year-old Philadelphia resident was thrilled […]

‘Surge pricing’ mooted for car parks in Adelaide’s CBD | INDaily

‘Surge pricing’ mooted for car parks in Adelaide’s CBD | INDaily

The council plans to replace the majority of the city’s 2800 ticketed on-street car parks with “smart-parking” technology by the middle of the year – and eventually, all of them. The smart parking program will see thousands of in-ground sensors installed in city car parks, and a new mobile application launched, to allow motorists to […]

Trump lays out plan to slash drug costs | Chemistry World

Trump lays out plan to slash drug costs | Chemistry World

The US pharmaceutical industry has concerns about President Trump’s blueprint to address the high cost of medicines in America, unveiled in a speech in the White House’s iconic Rose Garden on 11 May. The administration’s new strategy explicitly targets ‘excessively high drug prices, foreign freeloading, and a system rigged to reward list price increases’. The […]

Trump’s drug pricing plan pushes for increased price transparency, greater use of generics  | FierceHealthcare

Trump’s drug pricing plan pushes for increased price transparency, greater use of generics  | FierceHealthcare

Price transparency an immediate focus The Department of Health and Human Services has more than 50 actions in the works to address the drug pricing issue, said Secretary Alex Azar. For example, Azar said he has directed the FDA to investigate ways to improve price transparency around drugs, including listing the prices of brand-name medications […]

Drug price confusion: Trump talks big, but can he deliver? | AEI

Drug price confusion: Trump talks big, but can he deliver? | AEI

In his usual fashion he could draw some superficial or highly specific (and hence meaningless) price reductions by a Twitter storm against various EU nations. But to really have an impact he’d have to work in concert with manufacturers and support their withholding product sales into EU until higher prices were paid. It is both […]

Truck driver shortage sends shipping costs sky-high | CNN Money

Truck driver shortage sends shipping costs sky-high | CNN Money

Companies paid about 6% more for trucking in April than a year ago, the fastest growth in almost seven years, according to the Labor Department. Thomas Bene, chief executive of the food services company Sysco (SYY), told analysts last week that freight costs are “somewhat challenging” and “everyone is seeing that.” Tyson Foods (TSN) CEO […]

Trump Promises Lower Drug Prices, but Drops Populist Solutions | The New York Times

Trump Promises Lower Drug Prices, but Drops Populist Solutions | The New York Times

WASHINGTON — President Trump vowed on Friday to “bring soaring drug prices back down to earth” by promoting competition among pharmaceutical companies, and he suggested that the government could require drugmakers to disclose prices in their ubiquitous television advertising. But he dropped the popular and populist proposals of his presidential campaign, opting not to have […]

For Medicare enrollees Trump’s drug price plan can’t come soon enough | CNBC

For Medicare enrollees Trump’s drug price plan can’t come soon enough | CNBC

Seventy-eight-year-old Willie Dawson is hoping President Donald Trump makes good on his promise to bring down high drug prices. She has to juggle her bills to pay for the dozen or so medications she takes to treat conditions that include hypertension and chronic obstructed pulmonary disease. “This month alone, it is running me close to […]

Daily on Healthcare:Trump drug price strategy to push generics, pressure foreign countries | Washington Examiner

Daily on Healthcare:Trump drug price strategy to push generics, pressure foreign countries | Washington Examiner

Trump to highlight generic drugs as key to lowering prices. President Trump on Friday will explain how bringing more generic drugs to the market faster can help lower prices for patients, according to his health chief. Health and Human Services Secretary Alex Azar told a Senate Appropriations Committee hearing that the administration’s goals are to […]