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New Diabetes Drug Costs Nearly $200,000
"Given the drug only delays the onset of Diabetes Type 1 by two years, the drug’s wholesale price exceeds the cost of delayed conventional treatment by more than 10 times.”
"“Drug companies charge high prices because they can.”
Hospitals Reap Huge Profits from Drug Discount Program
A federal program designed to provide inexpensive drugs to low-income patients “creates massive profits for providers without necessarily improving patient outcomes and should be reformed,” concludes a study by the Pacific Research Institute (PRI).
FDA Deregulation Increases Safety, Innovation, Reduces Prices
FDA deregulation increases safety and innovation, and reduces prices, states a study examining medical device approvals.
by Alex Tabarrok
In an important and impressive new paper, Parker Rogers...
Medicare Prescription Drug Price Controls Come with Strings Attached
The IRA’s supporters point to the savings to seniors resulting from the new law’s Medicare provisions, but many of these won’t take effect for years and will come with trade-offs.
‘Inflation Reduction Act’ Is Euphemism for Big Government Socialism, Higher Prices (Commentary)
By Daren Bakst, Preston Brashers, David Burton, Matthew Dickerson, Nina Owcharenko Schaefer, Richard Stern, and Parker Sheppard
In the midst of a recession, with inflation...
Democrats Target Medicare Drug Spending to Shore Up Obamacare
There are many parts to the plan but essentially drug manufacturers would be hit with a 95 percent excise tax on their total sales if they fail to lower drug prices to the satisfaction of federal regulators.
FDA to Put ‘Grandfathered’ Drugs Through the Regulatory Wringer
“The Trump administration terminated UDI because it provided nothing in the way of added drug safety but raised their prices substantially."
Drug Patent Seizures Put American Innovation at Risk (Commentary)
Drug patent seizures would would immediately chill innovation across the economy, dealing a major blow to small businesses in particular.
A dozen members of Congress...
Texas Billionaire Mark Cuban Launches Online Generic Drug Pharmacy
“Cuban is doing what any insurance company could have done but didn’t. He is buying generic drugs at cost and passing on the savings to patients,”
Sudy: Medicare Price Control Bill Would Lead to Fewer Cutting Edge Drugs
Though the words “price controls” appear nowhere in the latest compromise framework, the mandatory negotiations and accompanying tax penalties are price controls in all but name.
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Assembly-Line Medicine Weakens Doctor-Patient Relationships, Patients’ Health – Interview
Editor’s Note: On July 31, JAMA Network published the results of a survey that found patients’ trust in doctors and hospitals dropped 31 percentage...
Yes, Vote, but Resist the Political Illusion with Elections- Commentary
By John Stonestreet and Glenn Sunshine
Though all elections have consequences—some more than others—they are moments in time. As such, they reflect more than they...
Guidebook Helps Seniors Avoid Costly Mistakes During Medicare Enrollment
Medicare’s annual enrollment period has begun and to help seniors make decisions they will not regret, the non-profit policy organization, the Citizens' Council for...
