planetmoney Would be interesting to do an episode in the economics of this idea... benefits and possible pitfalls long term
I don't by this for a minute.they charge whatever they want for surgery. Same will be true here .
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Hospitals launch drug company to fight drug shortages, high prices
Source: USATODAY - 🏆 100. / 63 Read more »
House Democrats launch drug-pricing probe into a dozen major health-care companiesAbbVie, Amgen, AstraZeneca, Celgene, Eli Lilly, Johnson & Johnson, Mallinckrodt, Novartis, Novo Nordisk, Pfizer, Sanofi and Teva Pharmaceuticals received letters seeking detailed information and documents about the companies' pricing practices. Why are they being investigated when Trump claimed that drug prices are at an all time low? I just hope the Democrats don't just waste taxpayer dollars with meaningless politically motivated crap like everyone expects them to. This seems a needed topic, but stay away from political theater Democrats. Just watch the SJC in 2018 if you want to see your embarrassment. Nice to see them investigating actual wrong doing and not just investigating HRC again.
Source: CNBC - 🏆 12. / 72 Read more »
A Billionaire Pledges to Fight High Drug Prices, and the Industry Is RattledJohn Arnold has put $100 million into fixing what he calls a noncompetitive health market with arbitrary and nontransparent pricing. Drugmakers say his view is flawed and oversimplified, and will restrict patients’ access to important medicines. If people aren’t understanding of the need to allow companies to freely price their own property for sale then we will soon live in a country no longer interested in curing cancer, Alzheimer’s, Parkinson’s and heart disease. You can’t have it both ways freedom If you’re going to tweet an article then at least allow us to read it free. It takes 20 years of testing to demonstrate the safety of a drug, maybe that explains why they are so expensive.
Source: WSJ - 🏆 98. / 63 Read more »
Report: billionaire Sackler family, accused of encouraging the opioid epidemic, secretly owns a second drug companyThe Sackler family owns Purdue Pharma, which created the infamous opioid painkiller OxyContin
Source: Newsweek - 🏆 468. / 52 Read more »
Drug company raised price of lifesaving opioid overdose antidote more than 600 percentAs the nation struggled with rising opioid deaths, a drug company increased the price of an overdose antidote more than 600 percent, a Senate subcommittee says. It’s a galvanizing problem that the root of the issue need to stabilize and start the fight! CEOs know s*** in this world and capital ownership is complete bs. Everything is a joke. The progression and innovation of technology is a joke. You tech companies actually think you have any purpose? None of this s*** or anything talked about on Twitter or the news matters. DO DRUG COMPANY REALLY WANT US TO RECOVER OR TO EARN ALWAYS MORE AND MORE MONEY ?
Source: USATODAY - 🏆 100. / 63 Read more »
Huge price hikes by drug companies are immoralRobert Klitzman writes that excessive drug prices are unethical -- jeopardizing the lives of many Americans and depleting huge amounts of taxpayer money that could be better spent.
Source: CNN - 🏆 4. / 95 Read more »
Medicaid-Expansion Fights Pit Hospitals, Labor Against Conservative Groups, Tobacco CompaniesVoters in four states will decide Nov. 6 whether to expand Medicaid under the Affordable Care Act. The initiatives have spurred some $20 million in political spending. Bag Conservative groups supporting anti-health and anti access to care initiatives? Motivated by profit over health outcomes? I'm so surprised! Progressive groups who're pushing marijuana like its some kind of miracle drug, when its smoke isn't any better for your lungs than all those cigarette brands shown above. Just a gov't money grab, where the users will pay the price. Hypocrisy not tied to any one political side.
Source: WSJ - 🏆 98. / 63 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 »
Drug companies greet 2019 with U.S. price hikesDrugmakers kicked off 2019 with price increases in the United States on more than 250 prescription drugs, including the world's top-selling medicine, Humira, although the pace of price hikes was slower than last year. The industry has been under pressure by the U.S. President Donald Trump to hold it's a crooked and rigged game in America ! The ultra rich and corporations rule !
Source: YahooNews - 🏆 380. / 59 Read more »