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Will Consumers Cross the Cost-and-Trust Chasm Between Prescription Drugs and Hospitals?

Health Populi

When asked what factors contribute to rising health care costs in America, most consumers cite the cost of prescription drugs. Taken together, these two data points demonstrate the potent political import of prescription drug prices as the U.S. Between 2007 and 2014, hospital prices grew 42%.

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How Will the “New” Health Economy Fare in a Macro-Economic Downturn?

Health Populi

I had asked some years ago, “what is a pharmacy” anymore, when CVS Pharmacy dropped tobacco from its SKUs and aisles in February 2014, rebranding as CVS Health; and, when Amazon purchased PillPack in June 2018. ” Dr. Cosgrove based that sobering forecast due to changes in the U.S.

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Capital Rx, Independa, and LG TV Partner to Bring Discount Prescription Meds to Older Adults

HIT Consultant

An AARP report finds in 2020 that the price of hundreds of brand-name medications rose more than twice as fast as inflation. Part of Biden’s Build Back Better plan would enforce an annual out-of-pocket cap on what people on Medicare pay for their prescription drugs. Partnership Details.

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Prescription Drug Costs In America Through the Patient Lens, via IQVIA, GoodRx and a New $2 Million Therapy

Health Populi

In 2018, we saw more incentives to inspire adherence to prescription drug regimens, particularly in Medicare Part D along with increasing focus by pharmacists and providers. Total patient OOP costs in 2018 reached $61 billion, up $2 bn from 2017, and $5 bn from 2014.