Morning Briefing
Summaries of health policy coverage from major news organizations
Perspectives: Drug Price Policy May Lift Costs For Some; To Lower Prescription Prices, Competition Is Key
It's troubling that among Americans over 64, a full 25% struggle to afford their medicines, according to a poll by the Kaiser Family Foundation.聽A separate analysis by the Department of Health and Human Services put the number of Medicare patients struggling with pharmacy costs at more than three million in 2019. (Kenneth Thorpe, 10/7)
There鈥檚 been a lot of attention on the federal government鈥檚 move to set price limits on 10 prescription drugs under Medicare to help reduce costs. While it鈥檚 encouraging to see some relief for a segment of consumers, this is merely a drop in the bucket when it comes to overall prescription drug cost savings 鈥� and more needs to be done to help Floridians. (Keith Dean, 10/4)
While insurers and their related entities should have the ability to question fraudulent or unnecessary treatments, they should not artificially inflate patient out-of-pocket costs to boost their profits. However, this is precisely what pharmacy benefit managers (PBMs) 鈥� the middlemen negotiating drug prices with pharmaceutical companies 鈥� are doing. (Dodson Thompson, 10/3)
As director of the Health Outcomes, Policy, and Evidence Synthesis group at the University of Connecticut School of Pharmacy, I teach and study about the ethics of prescription drug prices and the complexities of drug pricing nationally. (C. Michael White, 10/3)