“Pharmacy benefit managers play an important but secretive role in controlling the prices of prescription drugs — and they’re working hard to keep it that way,” Bob Herman writes over on Axios. Herman, in case you don’t read him regularly, has been on fire, and this series of stories is exemplary. “After Axios obtained a […]
A friend writes: “I’m prescribed a Nasonex inhaler for seasonal allergies, to be used as I need it, not everyday unless needed. I order 3 months at a time, as I used to get discounts this way. It works quite well for me. “For the first few years, I paid $75.00 to $90.00 dollars per […]
Summary: Here’s the transcript of a thoughtful panel discussion on drug prices from the Aspen Institute, involving Zeke Emanuel, the co-founder of Blink Health, a Consumer Reports person, a hospital representative, and a pharma person, among others. Read and weep. Sample passage: “She did what thousands of Americans did and have told us that they […]
“You probably remember hearing the news a few weeks ago about a greedy hedge fund manager who acquired the rights to sell a life-saving medication just so he could raise the price of it by about 5,000%,” Dr. David Belk writes over at Huffington Post. “That was a pretty evil thing to do, and it showcased […]
Summary: Increasingly, people are telling us that their medications are no longer covered by their insurance policy, or are covered but with a much higher out-of-pocket price. Andy Pollack wrote a remarkable piece in The New York Times this week pulling back the curtain on the price of prescriptions, and what you can do about […]
GUEST POST SUMMARY: Many insurance plans make you go to an approved doctor at an approved hospital for approved procedures and take approved drugs. Even doctors often don’t have much say in this. We hand all this control to insurance companies and they use it, they say, to control their own costs. Is that all […]
SUMMARY: A terrific resource for prescription buying: a site that gives the average price pharmacies pay for every preparation of every drug they purchase in the U.S. We bring this to you courtesy of Dr. David Belk, a California internal medicine doc who has a deep interest in health-care pricing, and who wrote this blog […]
SUMMARY: It’s the mystery of the overnight skyrocketing drug price, in this case irbesartan, a blood-pressure drug. Prices can be all over the place, as you might have noticed. Here’s a case study, with a relentless Sherlock Holmes-type sleuth.