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Data showed a 16.6% increase in the price of drugs in shortage, driven mostly by an increase in the price of generics.
The lawsuit alleges that manufacturers and pharmacy benefit managers have leveraged their market power to overcharge patients.
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04:44 pm |
November 14, 2022
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04:44 pm |
November 14, 2022
With employee benefit costs ranking as the second highest expenditure for employers after salaries, having an option to reduce healthcare costs without sacrificing quality and care is good business.
While the number of Americans receiving treatment is declining, substance use disorder and overdose death rates are rising.
High prescription drug prices have important implications for the American healthcare system, driving up overall costs.
PhRMA called Biden's push "misguided" and says it fails to address an insurance system that shifts the cost of treatments onto patients.
The moderation is especially notable as it comes against the backdrop of rapidly accelerating economy-wide prices.
The return of deferred care will increase utilization and health spending, as will investment in new technologies.
There was no direct link between low-value care exposure and favorable patient ratings.
Although RAND said price regulation is the most effective way to reduce spending, the researchers said this method has the most opposition.
