OnDemand WTP Pricing Research

Tag: Pricing Policies

The Price of Price Controls: Innovation Likely to Suffer in Drug Pricing Debate | IPWatchDog

The Price of Price Controls: Innovation Likely to Suffer in Drug Pricing Debate | IPWatchDog

The Cost of Cheap The reason drugs are cheaper in other countries is because those other countries have price controls. If pharmaceutical companies want to sell into those countries, they have to charge those low prices. And if the required low price is set above the marginal cost to produce the drug, then the pharmaceutical […]

A new study sparks a war of words over pharma’s commitment to research | STAT

A new study sparks a war of words over pharma’s commitment to research | STAT

WASHINGTON — A coalition of the drug industry’s fiercest foes is accusing the world’s top drug makers of hiding behind research and development “as an excuse for price-gouging American patients.” And they’re pointing to a new study that finds drug makers spent about 22% of their revenues on research and development in 2017 to prove […]

Drug court to try firms refusing to cut prices | The Express Tribune

Drug court to try firms refusing to cut prices | The Express Tribune

ISLAMABAD: The government is expected to take up the issue of hike in drug prices at its next cabinet meeting while it intends to move the drug court against all those pharmaceutical companies who refuse to lower prices of their medicines in line with the recent policy decision of the government. This was disclosed by the […]

Pharma stocks crash after US lawsuit over price manipulations | The Economic Times

Pharma stocks crash after US lawsuit over price manipulations | The Economic Times

The office of the attorney general of Connecticut unsealed documents, that ET has a copy of, which reveals initials and titles of individuals implicated in the conspiracy, industry “code words” and previously undisclosed emails from drug companies “brazenly discussing strategy to violate federal and state antitrust laws”. The Indian generic makers named in the lawsuit […]

Beshear Files Claim Against Drug Manufacturers for alleged Price Gouging | SurfKY News

Beshear Files Claim Against Drug Manufacturers for alleged Price Gouging | SurfKY News

FRANKFORT, Ky. (5/13/19) — Attorney General Andy Beshear filed two lawsuits seeking to recover ill-gotten gains from 23 drug manufacturers that skyrocketed the prices of more than 100 prescription drugs including those used to treat diabetes, epilepsy and cancer. In Franklin Circuit Court, Beshear filed suit against three of the largest insulin manufacturers, Eli Lilly, […]

President Addresses Surprise Medical Billing, Patient Protections | Patient Engagement HIT

President Addresses Surprise Medical Billing, Patient Protections | Patient Engagement HIT

May 13, 2019 – The healthcare industry has renewed its commitment to address surprise medical billing, with the White House and key industry leaders asserting a need for policy to end the practice. Surprise medical bills are healthcare charges that a patient did not expect, or did not expect to be so high. Patients often incur […]

Nevada joins other states in drug price-fixing lawsuit | Las Vegas Review-Journal

Nevada joins other states in drug price-fixing lawsuit | Las Vegas Review-Journal

Nevada Attorney General Aaron Ford has signed on to a lawsuit filed by 42 states and Puerto Rico against a long list of pharmaceutical companies, alleging price fixing and market manipulation that artificially increased costs for dozens of common generic drugs nationwide. The lengthy complaint names drugmakers including Teva Pharmaceuticals USA Inc., Pfizer Inc., Breckenridge […]

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 […]