Tag Archives: Prices

Negotiating lower drug prices in America: The tradeoffs are worth it.

Negotiating lower drug prices in America could possibly stifle pharmacological innovation. But it would reduce health care cost for most Americans — and that should be all that matters. If the United States began to regulate drug prices, medications would become cheaper, and Americans would have more access to drugs with lower health care costs.… Read More »

To Drive Down Insulin Prices, W.H.O. Will Certify Generic Versions

With insulin prices skyrocketing and substantial shortages developing in poorer countries, the World Health Organization said on Wednesday that it would begin testing and approving generic versions of the drug. Agency officials said they hoped to drive down insulin prices by encouraging makers of generic drugs to enter the market, increasing competition. At the moment,… Read More »

Humana CEO: Competition and innovation lower drug prices better than just putting a cap on them

Legislation that would put a cap on prices pharmaceutical companies can charge for their prescription drugs can be effective in reducing health costs, Humana CEO Bruce Broussard said Friday. But U.S. lawmakers should also include in their proposals rules that would facilitate greater competition and innovation, Broussard said in an interview with CNBC’s Bertha Coombs.… Read More »

Bernie Sanders visits Canadian pharmacy, talks drug prices

WINDSOR, Ontario (Reuters) – U.S. Senator and Democratic presidential hopeful Bernie Sanders joined diabetes patients as they drove across the border on Sunday to buy cheap insulin in Canada, highlighting his argument in favor of federally negotiated prescription drug prices. U.S. Sen. Bernie Sanders talks about the high cost of health care in the U.S.… Read More »