Category: Health Care Costs

The state struggle: Paying for excessively priced drugs

High-priced treatments continue to crush state budgets. California, for example, has set aside $300 million to pay for new hepatitis C drugs. But unfortunately, that cost is just the tip of the iceberg, according to an article from The Fresno Bee. Continue reading

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A wave of new cripplingly expensive drugs

The incoming wave of new biologics will be a boon for drugmakers, but a bust for health care budgets, The Economist reported. Continue reading

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Ringing in the New Year with Higher Prices

What can we expect in 2015? Increasingly expensive drug prices, according to a new article from Dow Jones Business News. Continue reading

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Easing the Financial and Health Burdens of Chronic Conditions

More than 133 million Americans have at least one chronic condition, a number expected to grow as the population ages. But without health insurance, a patient could have to pay hundreds of thousands of dollars for a year’s worth of prescriptions for one specialty drug to treat a chronic condition. Continue reading

Posted in: Health Care Costs, Issue Alert

Here we go again: Another day, another six-figure drug price

Instead of acknowledging the growing consumer concern and outrage over soaring prices for medical services, media reports today show drugmakers are still turning a blind eye, slapping more six-figure price tags on critical treatments. Continue reading

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The Price Is High and Stays There

The price of tests and scans continue to increase, although the equipment used to perform the procedures has become less expensive. Continue reading

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FTC Chairwoman: Why Provider Consolidation is So Worrisome

Health care providers, policymakers, and patients should be worried about the provider consolidation trend because more consolidation means less competition, Federal Trade Commission Chairwoman Edith Ramirez wrote in the New England Journal of Medicine. Continue reading

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TEDMED: Tackling the Challenges of Accessibility and Affordability in Health Care

AHIP’s VP for Policy Greg Gierer today joined a group of experts to discuss health care pricing and sustainability. They tackled the question of how to make innovative treatments more accessible to patients while reining in the high cost of care. Continue reading

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Chart of the day: Spending on specialty drugs takes off

Specialty drugs account for a small fraction of prescribed medications among Medicaid beneficiaries, but they continue to dominate spending. Continue reading

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Exorbitant drug prices put quality of life and quality of care at risk

The increasing cost of drugs is creating a “financially toxic” cycle that harms the quality of life and quality of care of cancer patients and survivors, according to experts who spoke at the American Society of Hematology’s annual meeting in San Francisco. Continue reading

Posted in: Health Care Costs