A new report says pharma companies increased drug prices by nearly double during shortages — and it highlights the biggest debate in healthcare today

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

No clear reasoning was found behind why the prices increased so drastically, but researchers suspect that manufacturers were exploiting shortages to charge more for drugs in high demand. The study also found that that prices rose even faster for drugs where there was less competition

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

You mean supply and demand?...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SurveyMonkey reports 18% revenue increase during its first quarter as a public companyTuesday marks the company's first earnings report since debuting on the Nasdaq in October.
Source: CNBC - 🏆 12. / 72 Read more »

Drug companies will have to publish list prices a new ruleDrug companies had offered to point consumers to websites that listed prices. Thx Prez Trump.
Source: NBCNews - 🏆 10. / 86 Read more »

New HHS rule would require drug companies to disclose prices in TV adsTrump administration says it plans to require drug makers to start disclosing prices in television advertisements. Why couldn't other Presidents lower the big money making pharm companies? Oh yea, I forgot for a moment, because they were big donors to Clintons and Noboama WalkAway That's awesome. Waiting for the leftist problem with this, it's there, wait for it. But isn't it against their 1st amendment rights to not say what it costs? Or something?
Source: ABC - 🏆 471. / 51 Read more »

Intel has the biggest addressable market it's ever seen, says company's interim CEOJim Cramer sits down with Intel's interim CEO and permanent CFO Bob Swan to get his take on the technology giant's future.
Source: CNBC - 🏆 12. / 72 Read more »

Pharma Industry Pushes Back Against Required Listing of Drug Prices in TV AdsThe pharmaceutical industry is signaling resistance to a Trump administration plan to require that the list price be included for most drugs in television ads, setting the stage for a protracted fight over a proposal with broad bipartisan support. JUST MAKE IT LAW, THEY HAVE THE MONEY. What could be wrong with this? Pharma, why are you upset with telling consumers how much you are going to cost? Is it that you are worried that we will be pissed off with price gouging like the Epi-pen CEO did? Truth in advertising, what a concept!
Source: WSJ - 🏆 98. / 63 Read more »