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Tag: Pricing Policies

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 […]

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

Trump And The Senate Make Significant Progress On Hospital Price Transparency | Forbes

For years, observers from across the spectrum have called for more price transparency in health care, especially when it comes to hospitals. Thanks to initiatives from the White House and a key Senate committee, that moment is now close at hand. Proposed rule could revolutionize hospital markets On July 30, the Centers for Medicare and […]

Gas prices: Marathon, Speedway to pay Kentucky in gouging lawsuit | courier journal

Gas prices: Marathon, Speedway to pay Kentucky in gouging lawsuit | courier journal

Attorney General Andy Beshear has settled a 12-year-old lawsuit for more than $22 million against Marathon Petroleum Co. and Speedway LLC over alleged price gouging. The lawsuit, which was filed in May of 2007 by then-Attorney General Greg Stumbo, alleged that Marathon and Speedway violated Kentucky law by engaging in price gouging in gasoline sales following […]

Alleged price gouging suit settled for $22.5 million | Richmond Register

Alleged price gouging suit settled for $22.5 million | Richmond Register

Attorney General Andy Beshear announced Wednesday a 12-year-old lawsuit against Marathon Petroleum Company (MPC) and Speedway LLC over alleged gasoline price gouging has been settled for $22.5 million. The settlement resolves claims that Ohio-based MPC and Speedway violated Kentucky’s Consumer Protection Act by engaging in price gouging in the wholesale and retail sale of gasoline […]

Economics of legalising cannabis — pricing and policing are crucial | METRO

Economics of legalising cannabis — pricing and policing are crucial | METRO

LEGLALISING cannabis can have major benefits for all citizens. If carried out correctly, everyone will benefit from less crime and stronger rule of law. Legalising the drug will especially help protect young people and may even lower their consumption of the drug. It is also a way of raising taxes for the state, instead of […]

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer to combine off-patent drug business with Mylan | PHYS.ORG

Pfizer announced Monday it will merge its off-patent drug business with generic drugmaker Mylan to create a global leader in low-cost treatment, a business that faces significant political pressure in the US. The new entity, which will be renamed upon the deal’s closure, will have a portfolio that includes impotence drug Viagra, cholesterol pills Lipitor, […]

Trump proposes hospitals publish prices negotiated with insurers | CNBC

Trump proposes hospitals publish prices negotiated with insurers | CNBC

The Trump administration is proposing a rule that would require hospitals to publish the prices that are negotiated with insurers or risk being fined. The proposed rule, announced Monday, would apply to the roughly 6,000 hospitals that accept Medicare. Hospitals could be fined up to $300 a day if the standard and negotiated prices for […]

Generics in Media: Pricing Battles and Reputational Challenges | Commetric

Generics in Media: Pricing Battles and Reputational Challenges | Commetric

The notoriously high prices of medicines in the US have sparked off fierce debates among a wide range of stakeholders, including patients, providers, payers, academics and policy makers. The media has got into the habit of reminding us that Americans spend more on prescriptions drugs than the patients in any other developed country – around […]

How 4 healthcare providers will respond to Trump’s price transparency order | Becker’s Hospital Review

How 4 healthcare providers will respond to Trump’s price transparency order | Becker’s Hospital Review

Reaction Data, a an online healthcare research platform based in American Fork, Utah, recently surveyed nearly 300 healthcare leaders about their opinions on the executive order signed by President Donald Trump June 24 related to price disclosure. The executive order aims to lower healthcare costs by improving price transparency. It directs governmental agencies to set rules requiring […]

Digby Solomon: Clarity in health pricing would serve consumers | pilotonline.com

Digby Solomon: Clarity in health pricing would serve consumers | pilotonline.com

YOU WOULD NOT purchase an airplane ticket, a new house or a new car without knowing beforehand what you will pay. But too often we willingly accede to medical treatments without benefit of a similar accounting from our doctors and hospitals. President Donald Trump raised hackles in the hospital and health insurance industries last month […]