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Anthem's public spat with Express Scripts has escalated into a lawsuit against the pharmacy benefits management company charging it with failing to pass on prescription drug savings.
Presidential candidates on both sides of the aisle, including both winners of last night's New Hampshire primary, have supported allowing Medicare to negotiate drug prices. But a brief from the Kaiser Family Foundation says the financial windfall may be limited.
Insurance companies that use prescription benefit management companies are increasingly cutting coverage of high-ticket brand-name drugs. It's not just adding to the raging drug price wars, but can also alienate members.
In healthcare, prescription drugs are the only major product for which the producer is able to exercise relatively unrestrained pricing power, and the result is that drug prices in the U.S. are usually two to six times higher than prices for the same drugs in other major industrialized nations, according to a perspective piece published in the Journal of American Medical Association.
Press Releases
- AHIMA Launches Petition for National Voluntary Patient Safety Identifier
- HHS announces major commitments from healthcare industry to make electronic health records work better for patients and providers
- Statement by Theranos on CMS Audit Results
- MISSING PIECES: MAJOR HEALTH DATABASE HAS DEEP FLAWS
- Majority of Americans Don't Use Digital Technology to Access their Doctors
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