Tag: Pricing Policies

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

Have consumers gained back what they had lost from rising fuel prices? | cnbctv18.com

After oil marketing companies (OMCs) decided to keep the prices of auto fuels unchanged, since then, the prices in India were on a freeze for 19 consecutive days between April 25, 2018 and May 13, 2018. Many media reports during this period stating that the government had directed the OMCs no to raise auto fuel […]

Right price of sugar | The Indian Express

Right price of sugar | The Indian Express

The latest policy measures, ostensibly to help clear payment of arrears of around Rs 22,000 crore to sugarcane farmers, will only make a bad problem worse. Today, there is too much of sugar in India. Total availability from opening stocks of 40 lt and production of over 320 lt during the 2017-18 season (October-September) will […]

Lawmakers have sights on middlemen blamed for rising drug costs | TheHill

Lawmakers have sights on middlemen blamed for rising drug costs | TheHill

With public outrage growing over the rising costs of prescription drugs, Congress is targeting the middlemen they say are to blame. Specifically, lawmakers are moving to ban “gag clauses” that prohibit pharmacies from telling customers they can save money on a drug if they pay with cash instead of using their health insurance. These clauses […]

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

MultiBrief: New House bill focuses on Medicare drug price reduction | MultiBriefs

According to Health and Human Services (HHS) Secretary Alex Azar, “President Trump’s plan to curb drug prices will allow Medicare to negotiate prices in a more aggressive approach.” It is important for Medicare Part D participants to have a level of transparency when it comes to how they are priced for specific drugs that they […]

Medicare Part A will run out of funds in 8 years, Medicare trustee report says | Healthcare Finance News

Medicare Part A will run out of funds in 8 years, Medicare trustee report says | Healthcare Finance News

“Absent a change in the delivery system or level of update by subsequent legislation, access to Medicare-participating physicians may become a significant issue in the long-term under current law,” trustees said. They recommend the consideration of reforms to prevent the widening of this gap. If the health sector cannot transition to more efficient models of […]

Whistleblower files lawsuit against CVS Caremark for falsifying drug prices | wkyc.com

Whistleblower files lawsuit against CVS Caremark for falsifying drug prices | wkyc.com

In fact, we announced in March (https://cvshealth.com/newsroom/press-releases/cvs-health-kept-drug-price-growth-nearly-flat-and-improved-medication) that in 2017, we kept drug price growth nearly flat for our PBM clients, despite manufacturer price inflation near 10 percent. Annual out-of-pocket costs for PBM members also declined, with three out of four members spending less than $100 out of pocket for their prescriptions, and nearly 90 […]

State Policies to Address Prescription Drug Prices | Center for American Progress

State Policies to Address Prescription Drug Prices | Center for American Progress

Over the past few years, high and rising prescription drug prices have generated significant controversy. Large, bipartisan majorities of the public support increased government action to reduce drug prices.1 However, little action has been taken at the federal level to reduce prices. Despite President Donald Trump’s repeated promises during the campaign to crack down on […]

Price Transparency Worsens Despite Recent Efforts | Medpage Today

Price Transparency Worsens Despite Recent Efforts | Medpage Today

Calling 120 hospitals to seek the lowest bundled price (including all hospital and physician fees) for a potential patient’s total hip arthroplasty in 2016, Safiyyah Mahomed, of Toronto General Hospital, and colleagues found that they were only given one in 6.7% of cases (down from 15.8% in 2012, OR 0.2, 95% CI 0.0-0.8). They had […]

Prices that insurers pay can help end hospital price gouging | TheHill

Prices that insurers pay can help end hospital price gouging | TheHill

Last month the Texas Supreme Court decided In Re Cypress Medical Center, a case focused on whether the payments hospitals receive for insured patients are relevant to determining the price an uninsured or out-of-network patient must pay. The question of how to measure the reasonable and customary value of health care services is being raised […]

Trust and pricing: a complex relationship | Utility Week

Trust and pricing: a complex relationship | Utility Week

In response to the ongoing issues with trust, Utility Week established the Customer Trust Council in 2017, in association with WNS Global Services (WNS). It works with energy suppliers, networks, water companies and consumer representatives to explore what has gone so badly wrong – and what the industry can do to fix it. At the […]