OnDemand WTP Pricing Research

Tag: Pricing Backlash

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, […]

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

Just how much might Apple owe you for inflating the price of iPhone apps? | Los Angeles Times

A divided Supreme Court ruled Monday morning that iPhone users can sue Apple for allegedly abusing its control over iPhone app sales to inflate the price of those ubiquitous nuggets of software. In doing so, however, the justices left open the vexing question of how to calculate the damage Apple inflicted on its customers. That […]

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 […]

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque official: Acrobats still part of the act; ‘MJ One’ to stay | Las Vegas Review-Journal

Cirque is opting for “dynamic pricing” in its ticket strategy: Such discounts as 40 percent off for “Love” or 2-for-1 deals for “Zumanity” are results of demand for tickets across all Cirque shows. “We did not have this until after 2012, when we found it was a little bit more difficult for us in this […]

Private Health Plans Pay Hospitals 241% of What Medicare Would Pay | RAND

Private Health Plans Pay Hospitals 241% of What Medicare Would Pay | RAND

An examination of U.S. hospital prices covering 25 states shows that in 2017, the prices paid to hospitals for privately insured patients averaged 241% of what Medicare would have paid, with wide variation in prices among states, according to a new RAND Corporation study. Some states (Kentucky, Michigan, New York, and Pennsylvania) had average relative […]

ComfortDelgro is testing out surge pricing on its app, but promises to limit fare increases | Business Insider Singapore

ComfortDelgro is testing out surge pricing on its app, but promises to limit fare increases | Business Insider Singapore

In a move mimicking the pricing model for ridehailing companies like Grab and Uber, ComfortDelGro is testing out a new feature on its app that resembles surge pricing. The feature, named ComfortRIDE, will see taxi fares get adjusted “according to market demand and supply”, ComfortDelGro said in a statement on Tuesday (May 7). ComfortDelGro CEO Ang Wei Neng said […]