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The Latest Breaking News from Prescription Drug

Biden deal to lower prescription drug costs will save taxpayers $6bn next year, Democrats say

Biden administration announced the first 10 medications that will be impacted by the deal

The Independent UK

Medicare costs significantly lowered on popular prescription drugs for cancer, diabetes, heart disease and arthritis

The negotiated drugs include those that are frequently dispensed as well as those that are the most expensive.

Fortune

Harris targets "corporate price-gouging"

Harris is expected to announce a price-gouging ban and measures addressing housing and prescription drugs

Salon

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This startup believes shopping around for prescription drugs should be as easy as shopping on Amazon. The future of a $700 billion industry is at stake

Photon Health is taking on a literal monopoly in its long-term quest to give patients more transparency into what they'll pay for their prescription drugs. Now the startup has $9 million more to fund its starting point: text-message prescriptions.

Fortune

Three Changes to Medicare on the Horizon for 2025

Medicare beneficiaries will see a few changes in 2025, including on costs.

Kiplinger

Medicare Upgrades Could Disqualify Your Private Plan

If you're delayed taking Medicare because you have employer coverage, changes ahead may disqualify your plan.

Kiplinger

President Biden Struggles To Articulate Key Policy Accomplishments

President Biden's challenges in articulating the 2022 Inflation Reduction Act's provisions to lower prescription drug costs during a recent debate.

Top News

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In cities across the US, Black and Latino neighborhoods have less access to pharmacies

An Associated Press analysis of licensing data from 44 states, data from the National Council for Prescription Drug Programs and the American Community Survey shows residents of neighborhoods that are majority Black and Latino have fewer pharmacies per capita than people who live in mostly white neighborhoods

The Independent UK

Greta bus crash driver's sentencing proceedings could take 'days'

Brett Button wore prison greens when he appeared in court today.

Newcastle Herald

Campaign submits signatures for California initiative that would restrict spending by certain health care providers that participate in Medi-Cal Rx

Protect Patients Now, which is sponsored by the California Apartment Association, submitted over 860,000 raw signatures for verification on April 10, according to the secretary of state. The campaign needs 546,651 signatures to be valid to qualify the initiated state statute for the November ballot in California.

Ballotpedia

Biden And Sanders Team Up To Lower Drug Costs

President Joe Biden and Senator Bernie Sanders joined forces at a White House event to advocate for reducing the cost of prescription drugs, including inhalers. This collaboration showcased Biden's progressive stance on healthcare and his administration's efforts to address the issue.

Top News

Mark Cuban’s $141K mistake: The Cost Plus Drugs cofounder says CEOs don’t understand health care coverage, and it’s costing them big

The billionaire entrepreneur spoke to Fortune after participating in a White House roundtable discussion on bringing transparency to the role of prescription drug middlemen.

Fortune

President Biden Misspeaks On Russian Prescription Drug Prices

President Biden's comments on prescription drug prices compared to Russia highlight the issue of high drug costs in the U.S.

Top News

President Biden Signs Legislation To Lower Prescription Drug Costs

President Biden's efforts to lower prescription drug costs and increase access to affordable medications for all Americans through legislation and bipartis...

Top News

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The Canberra Times

Alleged syndicate 'boss' found with $8.3m in drugs, crypto: police

Drugs allegedly 'targeted towards people in bodybuilding subculture'.

Fortune

How to use Medicare Advantage Open Enrollment to switch plans or move into Traditional Medicare

This is a key year to think about making a switch due to trends in Medicare Advantage plans, rising prescription costs and Medicare itself.

Evening Standard

What is the prescription drug clozapine and is it dangerous?

Clozapine is said to be prescribed for around 37,000 Brits a year but can cause toxicity

Top News

FDA Approves Florida's Groundbreaking Prescription Drug Import Plan from Canada

FDA clears Florida's plan to import cheaper prescription drugs from Canada, marking a seismic shift in U.S. drug pricing and a win for consumers.

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The Independent UK

Florida can import prescription drugs from Canada, US regulators say

Federal officials have cleared the way for Florida to begin importing cheaper prescription drugs from Canada

Top News

President prioritizes economy, prescription drugs, and rule of law

Get ready for a whirlwind of presidential action in 2024! From tackling the migrant crisis to infrastructural developments, join us for a wild ride with Wh...

The Canberra Times

Alleged drug network 'boss' refused liberty over 'chocolate bars'

ACT's 'largest illegal controlled drug distribution network': police.

The Canberra Times

Raid uncovers ACT's 'largest illegal controlled drug distribution network': police

Under 'OzPharmLabs', drugs were allegedly distributed via post.

The Independent UK

CVS Health lays out changes to clarify prescription drug pricing that may save some customers money

CVS Health is introducing changes to how its prescription drug pricing model works, and that could lead to some savings for customers starting next year

Reason

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…

Fortune

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.

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