from AXIOS: Reproduced from Peterson-KFF Health System Tracker; Chart: Axios VisualsEven the Medicare-negotiated rates that the U.S. pays for some drugs is generally much higher than what other comparable countries pay for the same products, a new KFF analysis found.Why it matters: Trump seemingly dropped his proposal to drive better bargains for what the U.S. pays for drugs when he...
Tag: <span>Drug prices</span>
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US prescription drug prices are 2.78 times those in other wealthy nations
US pays more for name-brand drugs, less for generics RAND CORPORATION Prescription drug prices in the U.S. are significantly higher than in other nations, with prices in the U.S. averaging 2.78 times those seen in 33 other nations, according to a new RAND report. The gap between prices in the U.S. and other countries is...
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PBMs, the brokers who control drug prices, finally get Washington’s attention
by Arthur Allen Credit: CC0 Public Domain For two decades, patients and physicians eagerly awaited a lower-cost version of the world’s bestselling drug, Humira, while its maker, AbbVie, fought off potential competitors by building a wall of more than 250 patents around it. When the first Humira biosimilar—essentially a generic version—finally hit the market in...
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Drug prices in the U.S. are 2.56 times those in other nations
RAND CORPORATION Prescription drug prices in the United States are significantly higher than in other nations, with prices in the U.S. averaging 2.56 times those seen in 32 other nations, according to a new RAND Corporation report. The gap between prices in the U.S. and other countries is even larger for brand-named drugs, with U.S....