Tag Archives: prescription drugs

Lawsuit Against UnitedHealth Put Insurers’ Practices Under Scrutiny


Reuters reports that UnitedHealth Group, the nation’s largest insurer, has been sued by three patients who’ve accused the massive insurance conglomerate of significantly over-charging them for co-pays for prescription drugs. The report alleges the co-pays were far in excess of the actual cost of the drug and the insurer kept the difference. According to Reuters: “For example, the lawsuit claims, one class member paid a $50 co-payment for Sprintec, a contraceptive, while UnitedHealth paid the Read More >

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PwC Report Finds Medicines Still Small Share of Overall Health Spending


A new report from PwC’s Health Research Institute, Medical Cost Trend: Behind the Numbers 2017, offers evidence that medicines continue to represent a small portion of overall healthcare spending. The report highlighted that half of all medical costs come from hospital spending: 30 percent from hospital inpatient and 19 percent from hospital outpatient. Physicians account for another 30 percent, while prescription drugs account for 17 percent. With this breakdown comes the warning that it is Read More >

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Reality Check for AARP


This morning, AARP released yet another misleading report on prescription drug prices that ignores key facts about the marketplace for medicines. The report suffers from several notable flaws. Most glaringly, AARP underplays the value of the Medicare Part D program and ignores the stability in the program brought about by market competition: Average annual out of pocket spending on drugs for Medicare Part D beneficiaries has fallen in recent years, declining 16 percent between 2007 Read More >

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Health Affairs Study: Want to save money in Medicaid? Increase adherence.

Health Affairs

At BIO, we have long argued that the use of prescription medicines can yield substantial savings to other areas of the healthcare system by reducing costly hospitalizations, surgeries, visits to the emergency room and other non-drug drivers of health spending. A study published in Health Affairs this week further bolstered that point and quantified the potential savings that Medicaid could realize from better prescription drug adherence among beneficiaries. The authors found that increasing the number Read More >

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Empowering You to Make a Difference in Health Care Policy


Access to medicines. Healthcare reform. Innovation. These issues are critical to the health of Americans — and the Campaign for Modern Medicines is working on them every day. The Campaign for Modern Medicines is a coalition of non-profit organizations, businesses, and individuals from across the country who believe that a vibrant community of empowered advocates can make a real impact on the policy decisions that will improve our health. With the support of our partners, Read More >

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