Pharmaceutical companies have an unusual ability to perform a relatively unregulated activity and push up drug prices beyond inflation.
The Pharmaceutical Benefits Manager (PBM), is an organization that provides services, educational programs, and patient support services. PBMs can negotiate large contracts with their customers and negotiate with the pharmaceutical companies and pharmacies for the best prices.
President Trump signed an executive order Monday on price transparency in health care that aims to lower rising health care costs by showing prices to patients. The idea is that if people can shop around, market forces may drive down costs.
(Source) Compared to other major expenditures of American households, spending on health care is a drag. In exchange for what…
(Source) Children with respiratory symptoms such as sniffling and a sore throat are more likely to be prescribed antibiotics if…
Medicaid health plans are starting to pay for non-traditional services such as meals, transportation, housing and other forms of assistance to improve members’ health and reduce medical costs.