Tag: Pricing Backlash

Requiring Prices in Drug Ads: Would It Do Any Good? Is It Even Legal? | The New York Times

Requiring Prices in Drug Ads: Would It Do Any Good? Is It Even Legal? | The New York Times

WASHINGTON — If President Trump has his way, television viewers who see commercials for the drug Keytruda will learn not only that it can help lung cancer patients, but also that it carries a price tag of $13,500 a month, or $162,000 a year. Viewers who see advertisements for Neulasta, a drug that reduces the […]

Laugfs Gas urges Govt to introduce transparent mechanism for LPG pricing | Lanka Business Online

Laugfs Gas urges Govt to introduce transparent mechanism for LPG pricing | Lanka Business Online

“On the long term, there will continue to be global price volatility and other macro-economic factors, which are largely unpredictable, affecting the local LPG Industry,”Thilak De Silva, managing director, LAUGFS Group said. “Therefore, we believe a fair and effective pricing formula based on key indicators would help address this situation, where consumers would be able to enjoy […]

Congress and regulators slow to respond to drug pricing and shortage problem | TheHill

Congress and regulators slow to respond to drug pricing and shortage problem | TheHill

Conversely, unethical pharmaceutical companies continue their practice of price gouging, a naked effort to maximize short-term profits at the expense of patients who desperately need their medications. More than 300 generic drugs had price increases of 100 percent or more between 2010 and 2015, according to a U.S. Government Accountability Office report on Medicare drug […]

Amgen’s Just-Approved Migraine Drug Will Cost $6,900 a Year | Bloomberg

Amgen’s Just-Approved Migraine Drug Will Cost $6,900 a Year | Bloomberg

Renewed political pressure over drug costs has added to the challenge of finding the right price for innovative medications. While drugmakers want to maximize returns on the substantial investment required to develop new therapies, some payers have begun to push back. A pricing misstep helped slow sales of Amgen’s cholesterol fighter Repatha, which failed to […]

From cab to Uber to cab, drivers try to find a way to make a living | Philly

From cab to Uber to cab, drivers try to find a way to make a living | Philly

The legislation legalizing ride-share businesses in Philadelphia allowed cabs also to increase their rates during busy times — which Uber calls surge pricing —  but so far, none has done it, Kirlin said. People in the industry see a consistent rate as an asset that could attract customers, she said. Leventhal noted cab drivers’ training, pointing […]

Thomas Cook’s Personalization Ploy Is Paying Off | Skift

Thomas Cook’s Personalization Ploy Is Paying Off | Skift

Putting a price on something that customers previously got for free has become a key part of the airline business model and it seems other parts of the travel industry are catching on. European tour operator Thomas Cook says in its UK market it now makes an additional $13.50 (£10) per person in sales of […]

Senators Focus on Hospital Drug Discount Program | Medpage Today

Senators Focus on Hospital Drug Discount Program | Medpage Today

WASHINGTON — The 340B discount program for prescription drugs used by safety-net hospitals needs better government oversight, several watchdog agency officials said at a Senate hearing. Although the Health Resources and Services Administration (HRSA), which oversees the program, has taken some important steps to improve oversight, “a number of important issues remain,” said Debra Draper, […]

Brace For Surge In Pump Prices | OakdaleLeader

Brace For Surge In Pump Prices | OakdaleLeader

Average retail gasoline prices in Modesto have risen 7.1 cents per gallon in the past week, averaging $3.53/gallon Monday, according to GasBuddy’s daily survey of 201 gas outlets in Modesto. This compares with the national average that has increased 5.7 cents per gallon in the last week to $2.86/gallon, according to gasoline price website GasBuddy.com. […]

How reconsidering pricing strategy could help save more hepatitis C patients | Becker’s Hospital Review

How reconsidering pricing strategy could help save more hepatitis C patients | Becker’s Hospital Review

Hepatitis C treatment experts are recommending a revised pricing strategy implemented at the state level that could help a greater number of affected patients access the treatment, according to a report published in Annals of Internal Medicine. “These innovative therapies can cure hepatitis C, but the high costs put them out of reach for the […]

Spireites CEO explains season ticket pricing strategy as details are released | Derbyshire Times

Spireites CEO explains season ticket pricing strategy as details are released | Derbyshire Times

Chesterfield hope their reduced season ticket prices will entice many supporters to renew for next season in the National League. The club’s CEO Michael Dunford has explained the thinking behind the reductions, with prices being made public today before the tickets are put on sale next Monday. Matchday tickets will range from £16 to £20, […]