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Tag: Price Setting

Coalition abandons milk price index, after it fails to deliver on promise | The Australian Dairyfarmer

Coalition abandons milk price index, after it fails to deliver on promise | The Australian Dairyfarmer

The Coalition Government has abandoned its troubled retrospective Milk Price Index. The index was a key 2016 election promise by then deputy prime minister Barnaby Joyce in response to the 2015 retrospective milk price cuts. But it was dogged by delays and faced criticism from farmers when launched on not delivering on its promise. The […]

HHS Finalizes Direct-to-Consumer Ad Drug Price Transparency Rule | Patient Engagement HIT

HHS Finalizes Direct-to-Consumer Ad Drug Price Transparency Rule | Patient Engagement HIT

May 08, 2019 – HHS has finalized its rule requiring drug manufacturers to disclose drug prices within direct-to-consumer advertisements, a move that comes with the agency’s efforts to improve price transparency and tackle high out-of-pocket patient drug costs. Drug manufacturers will be required to disclose the list price – the cost of the drug before health […]

New proposal would allow patients to compare health care prices via smartphone | BenefitsPRO

New proposal would allow patients to compare health care prices via smartphone | BenefitsPRO

Federal officials are proposing new regulations that for the first time could allow patients to compare prices charged by various hospitals and other health care providers using data sent to their smartphones. Donald Rucker, who coordinates health information technology policy for the Department of Health and Human Services, said he expects that the rules, first […]

Trump finalizes rule to require drug prices in TV ads | POLITICO

Trump finalizes rule to require drug prices in TV ads | POLITICO

The Trump administration finalized a rule Wednesday that requires drugmakers to disclose prices in television ads, despite skepticism the move will lower the high cost of drugs and concerns that sticker shock will frighten patients into going off their medications. Under the rule, which takes effect in 60 days, manufacturers must list a product’s monthly […]

GOP senators warn drug price controls could come | Modern Healthcare

GOP senators warn drug price controls could come | Modern Healthcare

Two Republican senators on Tuesday issued sharp warnings to the pharmaceutical industry about price controls. The GOP-led Senate Judiciary Committee hearing on Tuesday showed that the Trump administration’s idea of an international reference model, aimed at just a subset of Medicare drugs, has transformed at least some Republican thinking on the drug-pricing policy debate. The […]

First, a pricing scandal for Catalyst’s Firdapse. Next, off-label competition? | FiercePharma

First, a pricing scandal for Catalyst’s Firdapse. Next, off-label competition? | FiercePharma

For decades, Jacobus Pharmaceuticals gave away the unapproved drug amifampridine to patients with a rare neuromuscular disorder called LEMS. Then, Catalyst Pharma licensed certain rights to the drug, scored an FDA nod, and priced the med at $375,000 a year. An outcry ensued. But now, the FDA may have given patients a workaround. Jacobus won approval Monday […]

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 […]

Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits | OilPrice.com

Saudi Arabia Hikes Oil Prices For Asian Buyers As Supply Crunch Hits | OilPrice.com

Saudi Arabia has increased its official selling prices for all crude oil grades for Asian buyers with delivery in June as a supply crunch resulting from U.S. sanctions on Iran and Venezuela opens an opportunity to boost revenues. Bloomberg reports the price for Arab Light with a June delivery date is now the highest in […]

PXG’s New 0211 Irons: No Signature Weights And Pricing To Challenge Major Brands | Forbes

PXG’s New 0211 Irons: No Signature Weights And Pricing To Challenge Major Brands | Forbes

PXG’s latest golf club offering is a major departure – both in price point and looks. The signature tungsten and titanium perimeter weights are gone. So is the price tag of around $400 per iron. Those two things were perhaps PXG’s most visible differentiators from any other club manufacturer. The company’s new 0211 irons, set […]

Hong Kong Increases Crackdown On Scalpers For Pop Star’s Tickets At 30 Times Original Price | CelebrityAccess

Hong Kong Increases Crackdown On Scalpers For Pop Star’s Tickets At 30 Times Original Price | CelebrityAccess

HONG KONG (CelebrityAccess) Hong Kong will reportedly step up its efforts to curb price gouging for an upcoming concert by Cantonese pop queen Sammi Cheng Sau-man after ticket rose to 30 times their original price. Tickets are going for HK$30,000 (approximately US$3,800), raised from the original price of HK$980, according to the South China Morning Post. […]