When it comes to potential pricing controls of the pharmaceutical industry, Jim Greenwood, chief executive officer of BIO, grimly stated that “nothing good” was going on in the halls of power in Washington, D.C. Addressing a crowd of stakeholders at the California Life Sciences Association’s “An Evening with Thought Leaders,” Greenwood noted that with national […]
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 […]
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,” […]
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 […]
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 […]
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 […]
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 […]
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 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 […]
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 […]
PND is a digest of pricing focused news, thought leadership, events, training and certification resources for pricing professionals. This Edition is brought to you by: Perfect Price The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand […]
Apple Arcade Could Win Customers with Attractive Pricing | Market Realist
Apple’s (AAPL) is rumored to be offering its upcoming gaming subscription service, Apple Arcade, for $4.99 per month. Guilherme Rambo from 9to5Mac revealed the expected price of Apple Arcade based on a promotional message in one of the application programming interfaces used by the Apple Store app. 9to5Mac gained access to a special early access […]
Apple TV+ Cost: Tech Giant Reportedly Eyes $9.99 Price Point | Observer
Timing is everything. On Monday, we explored how we would handle the missing details surrounding Apple’s forthcoming streaming service, Apple TV+, including the still unknown cost and launch date of the platform. Today, we may have been given an answer on the former. Apple is reportedly “weighing” a $9.99 per month cost following a free […]
AT&T brings cable TV prices to online streaming with $135 monthly plan | Ars Technica
AT&T is now charging up to $135 a month for the online video service formerly known as DirecTV Now. DirecTV Now launched in 2016 with plans ranging from $35 to $70 a month for 60 to 120 channels. There have been several price increases and a reduction in the number of channels since, resulting in […]
This Week in Pricing > 8/17/19
TWIP is a digest of pricing focused news, thought leadership, events, training and certification resources for pricing professionals. This Edition is brought to you by: The Perfect Price AI platform makes millions of pricing decisions for forward-thinking companies around the world. Our cloud-based service allows customers to quickly anticipate and react to changes in demand in real-time […]
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