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Inflation Jumps, Drug Prices Fall
Prescription drug prices fell 1.8 percent, according to the Bureau of Labor Statistics in large part to increased competition from generic drugs. In essence, prescription drug prices are what where were four years ago.
Democrats Eye Legislation to Rein in Prescription Drug Prices
“There are many things the government can do to lower drug prices. In each case, deregulating and freeing the private sector is key."
Trump Tackles Drug Prices
President Donald Trump signed four executive orders intended to lower drug prices and boost U.S. production of medicines and medical equipment.
Use of Weight Loss Drug Widespread, and Costly
As obesity rates in the United States soar, insurance companies, including Medicaid and Medicare, are facing financial headwinds to pay for prescription drugs for...
Biden-Harris Plan Offer ‘Bribe’ to Medicare Drug Insurers
The Congressional Budget Office (CBO) says it will cost taxpayers more than $25 billion to “paper over” a Medicare drug premium price jump created...
Study Points to Why Generic Drugs in the U.S. Are the Lowest in the...
The United States appears to have the most competitive market for generic drugs among high-income countries, according to a new study.
Prices in eight high-income...
Big Hikes in Seniors’ Drug Costs
Seniors are facing major increases in premiums for Medicare prescription drug plans (Part D) as well as higher prices at the pharmacy, under provisions...
Small Firms Introduce More Drugs at Lower Costs—Report
Drug price controls in the Inflation Reduction Act (IRA) will not stymie the introduction of new products, because innovative drugs are increasingly being developed...
Researchers Study Repurposing Old Drugs to Treat Cancer
A team of U.S. clinicians has launched a first-of-its-kind observational study on how repurposed drugs with expired patents, such as ivermectin, might help in...
Congress Mulls Tackling Abuses of 340B Drug Discount Program
A bipartisan group of U.S. Senators is seeking feedback on a controversial program that requires drug makers to sell discounted drugs to hospitals and...