Category: Cost Alert

Drug Prices: A Threat to Innovation

New drugs are hitting the market, offering patients additional treatment options. But many experts are concerned that the exorbitant prices of these medications will jeopardize medical innovation as we know it. Continue reading

Posted in: Cost Alert, Health Care Costs

The charts that drugmakers don’t want you to see

Why are patients paying more for health care? Exhibit A: It’s the drug prices, which jumped more than 6 percent in the last year. Continue reading

Posted in: Cost Alert, Health Care Costs

INFOGRAPHIC: The cost of prescription drugs then and now

Despite the introduction of new, and in many cases more innovative medical treatments, prescription drugs that have been around for years continue to get more and more expensive. Continue reading

Posted in: Cost Alert, Health Care Costs, Infographic

AHIP statement on Harvoni

America’s Health Insurance Plans (AHIP) Spokesman Brendan Buck released the following statement today after Gilead Sciences announced its newly approved hepatitis C drug Harvoni will be priced at $94,500 for a course of treatment. Continue reading

Posted in: Cost Alert, Health Care Costs

Moment of Truth: Gilead Comes to a Pricing Decision Point

The eyes of the health care world – and prime time TV audiences – are focused this week on the high prices of many pharmaceutical drugs. And one looming decision will tell us whether the tide has turned in favor of sustainable pricing – or whether drugmakers still have their heads in the sand. Continue reading

Posted in: Cost Alert, Health Care Costs

Consumer Reports: What’s to blame for soaring health care costs

Consumers are angry over outrageous sky-high health care costs, and rightfully so. But what’s to blame for this health care cost outrage? Consumer Reports gives us some answers. Continue reading

Posted in: Cost Alert

Chart of the day: Anger at outrageous health care costs

Health care costs are increasing at unsustainable and unaffordable rates, and consumers are sounding the alarm. They’re fed up with the soaring prices for medical services, as evidenced by a recent Consumer Reports survey that’s aptly titled The Anger Index. Continue reading

Posted in: Cost Alert, Health Care Costs

Cover story: Rising drug prices

With a full pipeline of new specialty drugs and ever-rising prices, the drug price problem has grown into a cover story at the Washington Examiner. Continue reading

Posted in: Cost Alert, Health Care Costs

Lower the Price

Following today’s earnings report released by Gilead, the manufacturer of Sovaldi, AHIP Spokesman Brendan Buck released the following statement: “It’s time to lower the price of Sovaldi. While it was a blockbuster quarter for Gilead, people who can’t access the drug because of its price didn’t fare nearly as well. Health plans and government programs are covering the vast majority of the cost of Sovaldi, but the price being charged continues to put the drug out of reach for too [...]

Posted in: Cost Alert, Health Care Costs, Uncategorized

Wow, this drug is really expens — Look! A squirrel!!

For years, the pharmaceutical industry has had a pretty simple strategy for discussing the prices it charges for its drugs: don’t. Continue reading

Posted in: Cost Alert, Health Care Costs