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Stories Tagged as

Prescription drugs

Health care costs were a main driver of inflation in September

by Kimberly Adams
Oct 27, 2023
Rising costs for prescriptions and hospital services were felt in latest PCE report, though health inflation has been mild in the past year.
By the end of the decade, health care is expected to account for about a fifth of the U.S. economy.
Joseph Prezioso/AFP via Getty Images
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Medicare may soon be able to negotiate prescription drug prices

by Matt Levin
Aug 8, 2022
The health policy reform is part of the Democrats' Inflation Reduction Act, which could aid 48 million Medicare recipients.
The Congressional Budget Office estimates that the Inflation Reduction Act will save Medicare $288 billion over the next decade.
Stefani Reynolds/Getty Images
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COVID-19

Costco and Instacart expand deliveries to include prescription drugs

by Kristin Schwab
Apr 20, 2020
It's an effort to compete with drugstore chains and pharmacy startups.
About 90% of prescriptions are filled in person. Will the pandemic change that?
Justin Sullivan/Getty Images
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House to vote on Speaker Pelosi's prescription drug bill this week

by Andy Uhler
Dec 9, 2019
The plan would empower the Department of Health and Human Services to negotiate lower prices.
"The cost of actually manufacturing most of these drugs is very small, so [pharmaceutical companies are] making a huge profit on each drug that they sell," says Gerard Anderson, a professor in the department of health policy and management Johns Hopkins University.
Joe Raedle/Getty Images
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Why do foreign countries pay less than the U.S. for prescription drugs?

by Amy Scott
Jul 9, 2019
The answer comes down to one key tactic: negotiation.
A pharmacy's green cross sign in Nantes, western France.
LOIC VENANCE/AFP/Getty Images
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Drug summit looks at ways to prevent overdose deaths

by Susanna Capelouto
Apr 23, 2019
President Trump expected to address the summit Wednesday.
Oxycodone pills prescribed for a patient lie on display on March 23, 2016 in Norwich, CT. 
John Moore/Getty Images
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Would requiring prices in pharmaceutical ads make drugs cheaper?

by Andy Uhler
Apr 9, 2019
The idea is that transparency would lead to more competition and lower costs. One drug company is already on board.
Philippe Huguen/AFP/Getty Images
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Drug shortages continue to affect common meds

by Sasa Woodruff
Mar 6, 2019
Contaminated supply chains, natural disasters, and the bottom line are just some of the reasons why basic drugs are in constant shortage.
Contaminated supply chains, natural disasters, and the bottom line are just some of the reasons why basic drugs are in constant shortage. 
Feverpitched/iStock/Getty Images Plus
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The cost of preventing the spread of HIV? Upwards of $1,600 a month

by Sabri Ben-Achour
Feb 5, 2019
President Trump is expected to call for an end to HIV transmission by 2030. The drug known as PrEP may be key.
AIDS Healthcare Foundation (AHF) and AIDS patients march to protest budget cuts to AIDS services proposed by California Governor Arnold Schwarzenegger on June 5, 2009 in Hollywood, California. 
David McNew/Getty Images
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Kickbacks or a helpful service? Here's why pharma is under fire

by Mitchell Hartman
Sep 21, 2018
Drug companies can get creative with doctor incentives, and that can be problematic.
A pharmacy technician counts out a prescription of antibiotic pills.
Joe Raedle/Getty Images
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