OnDemand WTP Pricing Research

Tag: Drug Pricing

U.S. lawmakers push Mylan, Teva over drug pricing probe | Reuters

U.S. lawmakers push Mylan, Teva over drug pricing probe | Reuters

WASHINGTON (Reuters) – The head of the U.S. House of Representative’s oversight panel on Wednesday called on three drugmakers to turn over documents as part of an ongoing congressional review over generic drug price increases and accused the companies of “apparent efforts to stonewall” the probe. FILE PHOTO: The logo of Teva Pharmaceutical Industries in […]

Value-based drug pricing makes sense, but is difficult to pull off | DrugPatentWatch

Value-based drug pricing makes sense, but is difficult to pull off | DrugPatentWatch

It’s hard not to like the notion of value-based pricing for prescription drugs. It aims to ensure that the prices we pay for drugs reflect the benefits they provide, either in terms of longer life or better quality of life. And what could be more American than letting the market determine the right price through the intersection […]

Teva, Mylan and Heritage are stonewalling pricing probe, US lawmakers say | S&P Global Market Intelligence

Teva, Mylan and Heritage are stonewalling pricing probe, US lawmakers say | S&P Global Market Intelligence

U.S. House Oversight and Reform Committee Chairman Elijah Cummings, D-Md., and Sen. Bernie Sanders, I-Vt., a presidential candidate, reignited their probe into three generic-drug manufacturers’ pricing practices and accused the companies of stonewalling the lawmakers’ 2014 congressional investigation. “Obstructing or evading a congressional investigation, including withholding or concealing information, is a violation of federal law,” […]

Bringing transparency to the notion of price transparency | STAT

Bringing transparency to the notion of price transparency | STAT

Health care price transparency is making headlines again. In late July, in accord with a recent presidential executive order, the Centers for Medicare and Medicaid Services issued a proposed rule requiring hospitals to make more price information publicly available. The growing interest in price transparency isn’t limited to one side of the aisle or one […]

President Trump: Let traditional healthcare economics work | pennlive.com

President Trump: Let traditional healthcare economics work | pennlive.com

In recent weeks President Trump has floated a new rule that would require health care providers such as hospitals and doctors to publicly provide a price list of their services. This plan to improve so-called “price and quality transparency in American healthcare” sounds good at first blush, but it is important to think through the […]

Merkley | Americans have been ripped off by drug companies for too long | East Oregonian

Merkley | Americans have been ripped off by drug companies for too long | East Oregonian

Every year, I hold a town hall in every Oregon county. From coast to grasslands, Gorge to high desert, blue to red, there is one consistent issue that Oregonians ask me to address — the price of prescription drugs. Albert, in Linn County, pays $800 per dose for his wife’s immunosuppressant medication. I don’t know […]

Health Care Price Transparency: Reality or Mirage? | Managed Healthcare Executive

Health Care Price Transparency: Reality or Mirage? | Managed Healthcare Executive

On June 24, 2019, President Trump signed the Executive Order on Improving Price and Quality Transparency in American Healthcare to Put Patients First. The stated goal of the Order is to lower health care costs by providing patients with more cost information, in particular for “shoppable” services (i.e., services provided by numerous providers that patients can […]

Price Transparency – Again: Eating the Elephant In Little Bites | Forbes

Price Transparency – Again: Eating the Elephant In Little Bites | Forbes

The Trump administration appears bent on helping consumers gain better insight into their healthcare purchases, though painstakingly doing so one small bite at a time. As contemplated in an earlier article, “Why Healthcare Price ‘Transparency’ Is A Myth, And What Consumers Can Do About It”  (https://www.forbes.com/sites/jeffgorke/2019/01/23/why-healthcare-price-transparency-is-a-myth-and-what-consumers-can-do-about-it/#301c2bb97c3f), I offered that in 2018 the Centers for Medicare […]

Conservatives buck Trump over worries of ‘socialist’ drug pricing | TheHill

Conservatives buck Trump over worries of ‘socialist’ drug pricing | TheHill

Conservatives are growing increasingly uneasy with the Trump administration’s new drug pricing policy. President Trump is desperately seeking an elusive political win in his efforts to lower prescription drug costs, but he faces a hard sell to conservative groups and GOP lawmakers as he touts ideas traditionally favored by Democrats and presidential candidate Sen. Bernie […]

Trump price transparency proposals take long bet on curbing costs | Modern Healthcare

Trump price transparency proposals take long bet on curbing costs | Modern Healthcare

Requiring hospitals to display their insurer-negotiated prices online likely won’t lower healthcare spending in the near term. But economists and other experts say it’s a worthwhile experiment in bringing transparency to one of the few industries in which patients often don’t know the cost of a service before they buy it. The Trump administration earlier […]