Tag: Pricing Policies

HHS Secretary Alex Azar warns drug makers to pay full Medicaid rebate amount | MDLinx

HHS Secretary Alex Azar warns drug makers to pay full Medicaid rebate amount | MDLinx

“In fact, I am pleased to announce here, to all of you, that HHS is issuing a guidance today to drug manufacturers that will ensure they are paying the full Medicaid rebates they owe on certain prescription drugs,” HHS Secretary Alex Azar said Thursday during the 45th American Legislative Exchange Council Annual Meeting in New […]

IATA protests against CPC’s high jet fuel prices | Sunday Times

IATA protests against CPC’s high jet fuel prices | Sunday Times

The International Air Transport Association (IATA) this week criticised CEYPETCO’s opaque pricing for jet fuel and called for a transparent formula, warning that the soaring cost of refuelling in Sri Lanka was stifling the aviation industry. A team from the union of global airlines visited Sri Lanka and sounded caution to officials, including those of […]

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

CAG raps PowerGrid for inadequacies in pricing methodology in telecom biz | Times of India

The CAG observed, “There were inadequacies in the pricing methodology followed by the Company. The multiplication factor adopted to scale up tariff for higher capacities was low, which adversely impacted revenue. Pricing of Indefeasible Right to Use (IRU) contracts was inconsistent with different methods applied for different contracts, leading to lower revenue for the business.” […]

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

Good for Patients: Trump Finalizes Rule Forcing Hospitals to Reveal Prices Online | LifeZette

The CMS rule goes further than current regulations, and it requires hospitals to share prices in a bid to “encourage price transparency” and enhance “public accessibility,” notes The Hill. The Trump administration is also looking into new ways to “allow consumers to more easily access relevant health care data and compare providers.” “The agency is considering […]

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Draft E-Commerce Policy: Is It The Government’s Job To Fix Prices? | Bloomberg Quint

Not every stakeholder is convinced as India considers a policy that may force e-commerce companies, social-media websites and search engines to store their data locally and regulate anti-competitive policies such as deep discounts during online sales. According to the recommendations of the draft policy, a copy of which is available with BloombergQuint, such locally stored […]

Price Transparency in Healthcare Will Save Trillions | Economics21

Price Transparency in Healthcare Will Save Trillions | Economics21

While care is largely delivered by private insurers, hospitals, and physicians, each of those groups is influenced by price controls and regulations that stymie their entrepreneurial spirit. Too often, consumers experience “the system” as unresponsive behemoths. What’s more, health insurance obscures the true cost of care from patients, removing any incentive to shop for value, […]

Coca-cola and Chevy to raise prices amid tariff war | New York Post

Coca-cola and Chevy to raise prices amid tariff war | New York Post

Get ready to dig a little deeper for a Coke or Chevy Silverado. Both Coca-Cola and GM said Wednesday they will have to raise prices on their iconic products in large part because of President Trump’s trade war. The rising price of European aluminum and steel is expected to pinch their bottom lines — and […]

The problem with price transparency: ‘Price’ doesn’t always mean ‘out-of-pocket’ cost, says NorthShore Assistant VP Justin Brueck | Becker’s Hospital Review

The problem with price transparency: ‘Price’ doesn’t always mean ‘out-of-pocket’ cost, says NorthShore Assistant VP Justin Brueck | Becker’s Hospital Review

Q: What is the biggest barrier to price transparency in the healthcare industry?  JB: One of the biggest barriers in price transparency is that many health system contracts have payer confidentiality provisions, which makes it difficult to discuss such matters. Additionally, we must remember that ‘price’ does not necessarily reflect ‘out-of-pocket’ cost — and out-of-pocket […]

Tories scrap cap-and-trade plan in order to reduce gas prices | The Star

Tories scrap cap-and-trade plan in order to reduce gas prices | The Star

Cap and trade will soon be scrapped and paid. The Progressive Conservative government tabled legislation Wednesday to scrap Ontario’s market-driven environmental alliance with Quebec and California. And the province expects to be paying out $5 million in compensation as it leaves the joint carbon-pricing auction — a sum critics warn is unrealistically low. Environment Minister […]

Here’s Why Big Pharma Loves This Plan to Lower Drug Prices | The Motley Fool

Here’s Why Big Pharma Loves This Plan to Lower Drug Prices | The Motley Fool

The White House is currently mulling a proposal that could slash list prices on branded drugs. If you find that hard to believe, this next one will make your head explode: We can expect Big Pharma to put a lot of weight behind this proposal’s passage. The Health and Human Services Department (HHS) recently submitted […]