Tag: Pricing Science

Report highlights significant variation in healthcare costs | Augusta Free Press

Report highlights significant variation in healthcare costs | Augusta Free Press

Unlike insurers and employers, those without health insurance have very little information to help to negotiate costs.  On VHI’s website, consumers can gain leverage by using the average amount health insurance companies approve.  “With the release of the 2016 Healthcare Pricing Transparency report, VHI continues to serve as an unbiased resource for consumers trying to […]

More US corporate giants warn tariffs will mean price hikes | StarTribune

More US corporate giants warn tariffs will mean price hikes | StarTribune

DETROIT — From Ford to Walmart to Procter & Gamble, a growing number of iconic American companies are warning that President Donald Trump’s tariffs on U.S. imports are raising their costs and prices. Jim Hackett, CEO of Ford, the second-largest U.S.-based automaker, said Wednesday that Trump’s taxes on imported steel and aluminum will cost Ford […]

Three take-aways from Nancy Guinto’s transparency testimony to the US Senate HELP Committee | State of Reform

Three take-aways from Nancy Guinto’s transparency testimony to the US Senate HELP Committee | State of Reform

Nancy Guinto, Executive Director of the Washington Health Alliance (WHA), testified before the US Senate HELP (Health, Education, Labor and Pensions) Committee last week about how price transparency initiatives can increase value in health care. The hearing was fourth in a series of five HELP committee hearings to examine health care cost reduction industry wide. […]

‘Holiday car hire tax’ to hit travellers hard over school holidays: DriveMyCar | Mozo

‘Holiday car hire tax’ to hit travellers hard over school holidays: DriveMyCar | Mozo

With school holidays kicking off on Friday afternoon and the 2018 NRL Grand Final doing the same on Sunday evening, travellers will be flocking in and out of Sydney and New South Wales. But those looking for the best way to get around on a quick family holiday or to and from the game may be in […]

96 prescription drug price increases for every cut, AP finds | OregonLive

96 prescription drug price increases for every cut, AP finds | OregonLive

NEW YORK — President Donald Trump made reducing drug prices a key promise during his election campaign, repeatedly accusing drugmakers of “getting away with murder.” At the end of May, he promised that drug companies would be announcing “massive” voluntary drug price cuts within two weeks. That hasn’t happened, and an Associated Press analysis of […]

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

AP: For Each Drug Price Cut, There Were 96 Price Hikes This Year So Far | AJMC

Over the first 7 months of 2018, there were 96 price hikes for every price cut, an Associated Press (AP) analysis reported, although there were fewer and smaller price hikes than in years past. The AP analyzed 26,176 list price changes for brand-name prescription drugs from January 1 through July 31 in the years 2015 […]

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

Diabetic runs 142 miles to protest cost of insulin: Valley Views | Cleveland

He said several states have passed drug price transparency laws, and he plans to make it his legislative priority if he wins a seat in November. “I’m calling this little trek the road to affordable health care,” he recently told members of the Geauga County Democratic Party. Kennedy will carry hundreds of Ohio citizen signatures […]

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Lawmakers Deny Proposal to Require Drug Pricing in Television Ads | Pharmacy Times

Industry officials did indeed take issue with the amendment; the Pharmaceutical Research and Manufacturers of America (PhRMA) spoke out against the proposal in its July comments to HHS on the administration’s drug pricing blueprint, saying “FDA should not pursue any required disclose of list prices in direct-to-consumer pharmaceutical advertising. Such a requirement could confuse patients since […]

To Include Or Not Include Drug Prices In DTC Ads | Forbes

To Include Or Not Include Drug Prices In DTC Ads | Forbes

For quite some time, consumer groups, patient advocates, and even several medical professional societies have called for direct-to-consumer (DTC) advertisements to include information on drug pricing. In June 2017 the American Medical Association put out a statement explicitly arguing in favor of inclusion of drug prices in DTC advertisements. And in late August this year, the […]

Predictive Analytics: Optimizing Pricing And Promotions In E-Commerce Means Combining Tools | Retail TouchPoints

Predictive Analytics: Optimizing Pricing And Promotions In E-Commerce Means Combining Tools | Retail TouchPoints

Most retailers are already engaged in data analytics and predictive modeling. Today, using data to predict more successful outcomes — ultimately leading to increased sales — is not as mystifying a concept as it was even a year ago. But with a market being upended by an omnichannel imperative and consumer demand for instant gratification, […]