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The Latest Breaking News from Prescription Drug

No Sealing in Case Seeking to Enforce $17M Arbitration Award Related to Medicare Prescription Drug Benefits

From Judge Naomi Reice Buchwald's opinion Thursday in Caremark, L.L.C. v. N.Y. Cancer & Blood Specialists, Inc.: Petitioners Caremark, L.L.C., … SilverScript Insurance Company, and Aetna, Inc. seek to file their petition to vacate an arbitration award under seal; or, in the alternative, partially under seal; or, in the second…

Reason

Rampant confusion about Medicare is bad for your health and costing you money. Experts help make sense of coverage and fees

When current beneficiaries or people about to enroll in Medicare don’t understand how it works, they can wind up paying more for their health care than necessary.

Fortune

Americans Born In 2019 To Spend More Years On Prescription Drugs Than Education Or Marriage

New research reveals Americans born in 2019 will spend a significant portion of their lives reliant on prescription medications.

Zenger

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5 common—and costly—Medicare Open Enrollment mistakes

As millions of current and new Medicare beneficiaries evaluate the insurance that’s right for them, an expert offers some suggestions to avoid costly errors.

Fortune

All 10 drugs targeted for Medicare price negotiations will participate, the White House says

The Biden administration says the manufacturers of all of the first 10 prescription drugs it selected for Medicare’s first price negotiations have agreed to participate

The Independent UK

Medicare Advantage Costs Expected to Decrease 6.75% in 2025

Most Medicare Advantage enrollees who remain in their plan will see lower or no increase in their premiums in 2025.

Kiplinger

Medicare Open Enrollment: 10 Things to Know

Medicare open enrollment starts on October 15 and ends on December 7. Here's what to sign up for and what to avoid.

Kiplinger

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Howard Dean: 'At last, Congress proposes drug pricing reform that works'

The Patients Before Middlemen Act strikes at the heart of what makes prescription drugs so unaffordable in the U.S., according to Howard Dean.

Fortune

Americans overwhelmingly support Medicare drug negotiations, but Biden sees little political boost

A new AP-NORC poll shows that 76% of Americans favor allowing the federal health care program for the elderly to negotiate prices for certain prescription drugs

The Independent UK

The share of U.S. drug overdose deaths caused by fake prescription pills is growing

The share of overdose deaths involving counterfeit pills doubled between 2019 and 2021, according to the CDC. Victims were often younger, Hispanic and had misused prescription drugs in the past.

WEKU

Biden targets Jardiance, Eliquis and 8 other prescription drugs for Medicare price talks

President Joe Biden says for many Americans the cost of one drug can be “the difference between life and death” as his administration announces the first drugs that’ll be targeted for price negotiations in an effort to cut Medicare costs.

Chicago Sun-Times

US names 10 prescription drugs subject to price negotiations

Move is expected to cut costs for some patients but faces lawsuits from drugmakers and heavy criticism from Republicans.

Al Jazeera

How to choose a Medicare Part D prescription drug plan

Taking the time to figure out which plan is right is vitally important for the 53 million Medicare beneficiaries with prescription drug coverage.

Fortune

Nearly half of US adults are interested in taking weight loss prescription drugs, survey finds

Ozempic, a once-weekly semaglutide injection, has grown in popularity for its weight loss side effects

The Independent UK

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WEKU

What's a fair price for a prescription drug? Medicare's about to weigh in

Medicare soon will start something it hasn't done in its 58-year history: Negotiate on drug prices. On Sept. 1, Medicare will target the first 10 drugs for price negotiations.

Tribune News Service

What you need to know about the drug price fight in those TV ads

In recent months ominous ads about prescription drugs have flooded the TV airwaves. Perhaps by design, it’s not always clear who’s sponsoring the ads or why.

The Independent UK

South Dakota governor prods Washington to address national drug shortages

As the U.S. struggles with prescription drug shortages, South Dakota Gov. Kristi Noem has advanced a modest plan that she hopes will prod Washington to address weaknesses in the international pharmaceutical supply chain

WEKU

What to know about the drug price fight in those TV ads

At least nine bills introduced in Congress take aim at pharmacy benefit managers, the powerful middlemen that channel prescription drugs to patients. Here's what the fuss is all about.

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The Independent UK

Dozens in 16 states charged with health care fraud schemes, including $1.9B in bogus claims

The Justice Department has charged dozens of people in several health care fraud and prescription drug schemes

StockNews.com

CVS Health (CVS) vs. MedAvail Holdings (MDVL): Which Is the Better Buy?

The drug store industry is well positioned for long-term growth thanks to the growing demand for prescription drugs. Let’s compare CVS Health (CVS) and MedAvail (MDVL) in this space to determine which is better positioned to capitalize on the industry’s solid growth prospects….

Tribune News Service

Are US prescription drug prices 10 times those of other nations? Only sometimes

“We pay by far the highest prices in the world for prescription drugs, in some cases 10 times more than the people of any other country.”

Fortune

A Colorado panel of medical and pharmacy experts will decide whose medicine to make affordable this summer

Starting this summer, Colorado's Prescription Drug Affordability Board will choose up to 18 high-cost drugs for review.

Chicago Sun-Times

Lawmakers can keep health care and prescription drugs affordable

Our representatives in Springfield should turn their attention to the big drug companies that continue to profit off the backs of hard-working families.

Evening Standard

Lena Dunham marks five years of sobriety following prescription drugs addiction

The 36-year-old became addicted to prescription drugs following a hysterectomy in 2017

Chicago Sun-Times

How Illinois has taken steps to lower prescription drug prices

In only four states do residents spend more on drugs than the Land of Lincoln. The health care industry faces a monopoly problem, not a market problem

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