Big US drug companies are pushing Europe to raise their drug prices. They say they might stop sending new medicines to Europe if they don't get what they want. Pfizer's boss, Albert Bourla, said they will stop supplying France if they don't raise their prices. He said they can't accept lower prices
Sixteen big drug companies made deals with the Trump administration to lower drug prices. But in January, all of them raised prices on some of their drugs. These deals were supposed to help Americans pay less for medicine and make other rich countries pay more. But according to a new report, these c
President Donald Trump has a new plan for health care. He wants Congress to turn his ideas into law. This plan is all about making health care and medicine more affordable. Trump thinks this will help people right away. The president shared his thoughts in a video. He called his plan "The Great Hea
Medicare just scored some serious wins in its latest drug price negotiations. Fifteen drugs will see price drops, with some discounts reaching as high as 85%. This is huge for the over 50 million seniors who rely on Medicare. The biggest winners? Drugs like Ozempic, Wegovy, and Rybelsus, which trea
The U. S. is looking at a new way to cut down on drug prices. The idea is to match what other rich countries are paying. This is all part of a plan that was announced on a social media platform. The plan is called the “most favored nation” pricing model. It means the U. S. would pay the lowest price
Health care costs in Massachusetts are spiraling out of control. In 2023, the average resident spent $11, 153 on health care, with family health insurance premiums hitting $26, 355. This is the second-highest in the country. On top of that, families had to shell out an extra $2, 715 out of pocket. T
Imagine you're a Medicare beneficiary in the US, eagerly waiting for lower drug prices. The Inflation Reduction Act of 2022 is supposed to make that happen. But how does it all work? Well, let's dive into it. The Centers for Medicare & Medicaid Services (CMS) has been busy crafting guidelines for t
Ever wondered why you're paying more for medicine, even with insurance? It's a tricky situation. Pharmaceutical companies used to argue that drugs were affordable. But as prices soared, they switched tactics. Now, they say, "Don't worry, we'll give you financial help. " So, are patients still consum
The upcoming election is a big deal for healthcare in the US. We're talking about six major issues that could see big changes depending on who wins. First, the Affordable Care Act (ACA) premiums. Right now, there are extra subsidies that make insurance cheaper, but they're set to expire in 2025. Vi
The American healthcare system has long been plagued by issues of affordability, but a recent Federal Trade Commission (FTC) lawsuit has brought attention to a particularly egregious example: pharmacy benefit managers (PBMs) allegedly inflating insulin prices at the expense of patients. The three la
