Tag Archives: drug prices

Rep. Dylan Roberts: A leader in saving insulin and prescription drugs

Colorado has led the way in reducing the cost of life-saving prescription drugs. We faced it against special interests that tried to stop us, and we did it in a bipartisan way, because people’s health and financial security are more important than politics. Now is the time for the nation …

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New Jersey Senate Committee Approves Legislation to Control Prescription Prices | New Jersey

(The Center Square) — The New Jersey Senate Committee on Health, Human Services, and Seniors has approved legislation to create the Prescription Drug Affordability Council. supporters say S-329 would protect New Jerseyans from high prescription drug costs. But critics say it doesn’t present a holistic solution to controlling costs. “Prescription …

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Claiming prescription drug costs have risen nearly twice as much as income depends primarily on cash

The cost of prescription drugs in the United States has long been a hot topic for voters. On July 9, 2021, Joe Biden signed an executive order to enact “aggressive legislative reforms” that would lower prescription drug prices. He promised to do so during the election campaign. In Wisconsin, State …

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How not to cut prescription drug prices |

As soon as the hammer fell to open the 2022 General Assembly session, the Lamont administration was back with a new prescription drug pricing bill. SB 13 reflects a laudable goal. However, there are many ways to reduce health care costs, and this bill is not one of them. In …

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Fighting to survive US prescription drug prices – FOX13 News Memphis

MEMPHIS, Tenn. – It’s a struggle and a decision no family should face, whether it’s buying lifesaving medicine or putting food on the table. According to AARP, the average cost of prescriptions that most of us rely on has increased 300% over the past 15 years. FOX13 will tell the …

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Markkanen supports billing to potentially reduce prescription costs

State Rep. Greg Markkanen of Hancock votes to finalize a plan to reduce the cost of prescription drugs for UP House residents, families and seniors Bill 4348 focuses on lowering prices drugs by tackling the uncontrollable nature of pharmacy profit managers (PBMs). PBMs are an unregulated industry in Michigan …

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Michigan House Approves New Rules for Pharmacy Benefit Managers to Reduce Prescription Prices | Health

LANSING, Mich. (WJRT) — The Michigan House on Wednesday approved a bill to lower prescription drug prices by imposing new rules on drug benefit managers. They often serve as intermediaries between drug manufacturers and retail pharmacies. Republican State Rep. Julie Calley of Portland said pharmacy benefits managers often profit unfairly …

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Prescription drug costs run into millions, study finds, but there are ways to save

High prescription drug prices are forcing millions of people to avoid buying the drugs they need. (iStock) High prices for prescription drugs – from generics to brand name drugs – are causing millions of Americans to delay or prohibit getting their drugs from providers, including Medicare beneficiaries, according to a …

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Bill aims to reduce cost of most expensive prescription drugs for Mainers

AUBURN — A new bill aims to lower the cost of prescription drugs by making prices comparable to northern neighbor Maine. Speaking at a press conference on Monday, the bill’s author, Senator Ned Claxton, said LD 1636 builds on previous legislation to “control prices and hold the industry accountable.” prescription …

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As Prescription Drug Prices Rise, Congress Must Allow Medicare to Negotiate

Donald Soto Donald Soto considers himself a grateful person. A former heavy-duty diesel mechanic for Washington State, he is grateful for the job he has had. “We’ve worked on everything – asphalt pavers, heavy loaders, cranes,” he says. “Sometimes we were fixing them while the others were paving the highway …

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Lower-cost formulations of prescription drugs could cut costs by 40%, study finds

Rising prescription drug costs paid by insurers and consumers may be partly due to ordering more expensive formulations, according to a new study. File photo by John Angelillo/UPI | License picture February 4 (UPI) — In the United States, people can save up to 40% on prescription drug costs by …

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Mark Cuban’s prescription drug company takes shape at Deep Ellum

The steel frame of a building under construction in the Deep Ellum neighborhood of Dallas gives no indication of its dream potential. What Alex Oshmyansky sees is the start of a ‘fill-finish’ facility – the final stage of drug manufacturing – which he hopes will launch orders for more than …

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Senate committee scraps law to control prescription drug costs | News

Citing a lack of support, Sen. Chap Petersen, D-Fairfax, on Monday withdrew legislation aimed at controlling prescription drug prices in Virginia. A Senate committee unanimously backed Petersen’s request to delay the bill until next year’s session. The legislation would have created a Prescription Drug Affordability Commission with the power to …

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Iran’s Medicine Mafia Behind Shortages and High Cost of Prescription Drugs – OpEd – Eurasia Review

A short prelude Since the birth of the tyrannical regime of the mullahs in Iran, another social and frightening phenomenon has also been born; widespread monopolization. After the 1979 anti-monarchy revolution in Iran and the establishment of the religious dictatorship, the regime’s power vultures began to dominate and take control …

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NJ expands access to prescription drug discount programs

TRENTON, NJ – More seniors and residents with disabilities in New Jersey are eligible for state prescription drug discount programs thanks to a $10,000 increase in income limits for the programs. Changes to income limits, announced on January 6, expand access to Seniors and Disabilities Pharmacy Assistance Programs (DADPs) and …

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Governor Murphy announces expanded income eligibility for prescription drug assistance programs

Governor Murphy announces expanded income eligibility for prescription drug assistance programs Expanded income eligibility is the largest single increase in program history TRENTON – Governor Phil Murphy today announced that the income limits for the Elderly and Disabled Pharmaceutical Assistance (PAAD) and Senior Gold Prescription Discount Drug Assistance Programs have …

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Prescription drug price reform at stake in social spending bill |

WASHINGTON – Among the most potentially transformational changes in the Democrats’ massive social and climate bill pending in the Senate is a long-sought set of changes aimed at curbing the rapidly rising cost of prescription drugs. The $ 2 trillion spending program would ensure Americans don’t pay more than $ …

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Online Prescription Drug Price Reform | News, Sports, Jobs

WASHINGTON – Among the most potentially transformational changes in the Democrats’ massive social and climate bill pending in the Senate is a long-sought set of changes aimed at curbing the rapidly rising cost of prescription drugs. The $ 2 trillion spending program would ensure Americans don’t pay more than $ …

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Florida to become the first state to import prescription drugs from Canada

Florida could become the first state to import drugs from Canada Craig Patrick reports TAMPA, Florida – Plans to import cheaper prescription drugs from Canada have been in the works for years. In Florida, it could finally happen sooner than many realize – perhaps as early as early next year. …

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Prescription drug price reform at stake in Biden’s big social spending bill

WASHINGTON – Among the most potentially transformational changes in the Democrats’ massive social and climate bill pending in the Senate is a long-sought set of changes aimed at curbing the rapidly rising cost of prescription drugs. The $ 2 trillion spending program would ensure Americans don’t pay more than $ …

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Prescription drug price hikes are slowing, but many patients say costs are still crippling

An Oregon law passed in 2018 requires drug companies and health insurers to file data with the state on prescription drug prices. Each year in December, this information is compiled into a report and released to lawmakers and the public. In a virtual hearing on Wednesday, state officials gave an …

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Build Back Better Act aims to reduce prescription costs

President Joe Biden is pushing to cut prescription drug costs with the Build Back Better Act. Recently, he has focused on the need for insulin to be affordable for the millions of Americans with diabetes. “If you’re a paying client and have a private health insurance plan, you might not …

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Pay more out of pocket for prescription drugs? Here’s what you need to know

BATON ROUGE, Louisiana (BRPROUD) – You may have noticed that the price of prescription drugs was going up, forcing you to pay more out of pocket. Louisiana Independent Pharmacies Association (LIPA) President Randal Johnson said rising prescription drug costs are preventing some people from paying for their treatment. “It’s a …

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Prescription Drugs Inexpensively | Regulatory review

Scholar argues that lowering prescription drug prices can increase innovation. Almost 30 percent of American adults say they don’t take medications because of the high cost. Compared to 32 other countries, prescription drug prices in the United States are 256 percent higher. The US government does not regulate the price …

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Prescription – Rising drug prices cost Americans billions

Here is an overview of the seven drugs analyzed by the institute. The costs to the U.S. healthcare system were calculated after factoring in drug company rebates and other rebates. The price of Humira, which treats severe Crohn’s disease, was up 9.6 percent. Cost in the United States: $ 1.4 …

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Why American Consumers Pay So High Prices for Prescription Drugs

Congressional Democrats this week proposed an addition to US President Joe Biden’s social and climate spending legislation that would allow Medicare, the federal government’s health care program for elderly Americans, to negotiate with drug makers the cost of certain prescription drugs. American consumers pay higher prices for prescription drugs than …

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Enough of high prescription drug prices

Letters submitted by BDN readers are verified by BDN Opinion Page staff. Send your letters to letters@bangordailynews.com. Congress is considering a bill that would allow Medicare to negotiate lower prescription drug prices. The pharmaceutical industry has lobbied against this because it would affect their profits even if we pay high …

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Who wins and loses in Democrats’ prescription drug prices deal

WASHINGTON – Congressional Democrats announced Tuesday that they have agreed to a broad plan to overhaul the way America pays for prescription drugs. Under the agreement, Medicare would be allowed to negotiate drug prices for drugs dispensed over the pharmacy counter and those administered at doctor’s offices for drugs over …

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Five Ways to Save on Prescription Drug Costs

IN THE UNITED STATES, prescription drug costs are too high for some and add up to monthly expenses. On average, Americans spend $ 1,200 a year on prescription drugs, according to OECD data. 1 Households Can Save on Prescription Drug Costs by Joining a Walmart ProgramCredit: Getty In fact, Americans …

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Big Pharma’s New Popularity Could End Prescription Drug Reform

For decades, few industries in America have been as unpopular as Big Pharma. It’s easy to demonize because prescription drugs cost a lot more in the United States than in other countries, despite the industry making big profits every year. A 2019 House Ways and Means Committee report that found …

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