Category: Health Care Costs

Cancer drug pricing: “what the market will bear”

A new cancer drug usually costs more than $100,000 a year. However, that high price tag has nothing to do with the drug’s innovation or efficacy for patients, according to a new study in JAMA Oncology. Continue reading

Posted in: Health Care Costs

Medicare, taxpayers foot $4.5 billion bill for 3 hepatitis C drugs

Medicare spent $4.5 billion on Sovaldi, Harvoni, and Olysio last year – 15 times more than what the program spent to treat the disease from 2013 to 2014, according to an article from ProPublica and the Washington Post. That’s a 15-fold jump thanks to three new medications. Continue reading

Posted in: Health Care Costs

It’s Prices, Not Coverage

A recent op-ed in the Morning Consult touted the idea of separate deductibles for prescription drugs. Such a misguided suggestion will only make matters worse for patients who need access to lifesaving medications. Continue reading

Posted in: Health Care Costs

Flashback: The More Things Change, The Higher Drug Prices Go

It’s easy to understand why health plans welcome the introduction of biosimilars as a way to give patients quicker access to more affordable treatments. Unfortunately, the same can’t be said for some drug companies, which continue to try to prevent less costly biosimilar versions of their products. Continue reading

Posted in: Health Care Costs, Issue Alert

30.9% – Seriously?

A new report from pharmacy benefits manager Express Scripts provides some jaw-dropping numbers on prescription drug costs that each beg one important question: Seriously? Continue reading

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Finding a solution that ensures affordability, innovation, and access

Patients deserve access to lifesaving medical innovations that hold promise for preventing, treating, and curing diseases. But those innovations shouldn’t come at an enormous price. Continue reading

Posted in: Health Care Costs

Hospital Consolidation and Costs

Concerns are growing over big, powerful hospital networks getting bigger and more powerful, which in turn will hurt competition and choice and increase price. These worries are very real in Connecticut, where one large health system is known as “Jaws,” the Connecticut Mirror reported. Continue reading

Posted in: Health Care Costs, Issue 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

Price Information: An Essential Factor to Drive Health Care Value

Some of the largest health insurers teamed up with HCCI, using their claims data to provide national, state, and local cost estimates for more than 70 common services. Continue reading

Posted in: 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