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The Latest Breaking News from Prescription Drug

Mark Cuban’s prescription drug company in talks with hospitals to fill drug shortages

Mark Cuban’s prescription drug company, known for “cutting out the middle man,” is in conversations with hospitals around the nation to identify the most common drug shortages.

Tribune News Service

Medicare plan finder likely won’t note new $35 cap on out-of-pocket insulin costs

A big cut in prescription drug prices for some Medicare beneficiaries kicks in next year, but finding those savings isn’t easy.

Tribune News Service

Post-Roe, contraceptive failures carry bigger stakes

Birth control options have improved over the decades. Oral contraceptives are now safer, with fewer side effects. Intrauterine devices can prevent pregnancy 99.6% of the time. But no prescription drug or medical device works flawlessly, and people’s use of contraception is inexact.

Tribune News Service

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Biden aims to drive GOP contrast in Florida 1 week out

President Joe Biden is heading to Florida to blast the Republican Party over proposals to undo prescription drug price caps and change Social Security and Medicare

The Independent UK

Health secretary Thérèse Coffey gave leftover prescription drugs to a poorly friend – is this advisable or legal?

Thérèse Coffey, the health secretary for England, has admitted to giving her leftover antibiotics to friends and family who were feeling unwell. This led to the British Medical Association issuing a statement, describing her actions as “not only potentially dangerous, but also against the law”.

The Conversation

Biden to sign executive order aimed at lowering drug costs

It's Biden's last push to position the Democratic party as a champion for lowering health care costs.

Axios

Biden pushing lower prescription drug costs in midterm press

President Joe Biden will head to a community college in Irvine, California, on Friday to meet with seniors and tout his administration’s efforts to reduce inflation and drive down costs

The Independent UK

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How to change Medicare plans — and why you might want to

Medicare open enrollment starts soon, but 7 in 10 Medicare beneficiaries say they don’t compare Medicare plans during this period, which stretches from Oct. 15 to Dec. 7

The Independent UK

Legal fights and loopholes could blunt Medicare's new power to control drug prices

The Inflation Reduction Act gives Medicare historic new powers to limit prescription drug prices. But the pharmaceutical industry is already lobbying to dull their impact.

WEKU

Importing prescription drugs from Canada would help more Americans afford medications they need

Congress should take up the Affordable and Safe Prescription Drug Importation Act, a bill that would offer immediate drug price relief.

Chicago Sun-Times

Congress can do more to reduce prescription drug costs

The Inflation Reduction Act is a huge step in the right direction. Two proposed laws would do more to help millions of Americans afford the prescriptions they need.

Chicago Sun-Times

Commentary: A miss in the Inflation Reduction Act: Better paid leave policies

The Inflation Reduction Act is now law. In the long run, the law is expected to have beneficial effects on deficit reduction as per the Congressional Budget Office. Through extensions of Affordable Care Act subsidies and prescription drug pricing reforms, it aims to decrease health care expenditures for seniors and…

Tribune News Service

Biden signs landmark health, climate and tax bill into law

The legislation includes some $375 billion over the decade — and would cap prescription drug costs at $2,000 out-of-pocket annually for Medicare recipients

The Hindu

Biden signs Democrats' $740 billion tax, climate and health care bill into law

The Inflation Reduction Act includes provisions that increase taxes on large corporations and lower prescription drug costs.

Axios

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The Independent UK

Here’s what is included in the monster climate and tax deal passed by Democrats

Tons of money for renewable energy, lease sales for drilling in Alaska and the Gulf of Mexico and prescription drug pricing

Tribune News Service

Editorial: The Inflation Reduction Act is key: In praise of its sweeping investments and deficit reduction

One of the most important features of the Inflation Reduction Act — which makes massive investments in renewable energy to curb climate change, drives down prescription drug costs and more — is what it is not: an irresponsible spending spree pushing up the federal deficit.

The Independent UK

OLD House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

The Independent UK

House Democrats pass climate and health care bill on party-line vote, sending it to Joe Biden’s desk

Bill focuses on combating climate change, lowering the cost of prescription drugs and continues subsidies for health insurance

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USAFacts

Can Medicare negotiate the price of prescription drugs?

The ten most expensive drugs covered by Medicare are responsible for about a fifth of total Medicare drug spending.

The Philadelphia Inquirer

Editorial: In the Inflation Reduction Act, a much-needed step toward lowering prescription drug costs

It's become tiresome to see progressive politicians act like a pouting teenager who seems to think it's a sin to ever admit satisfaction with anything. Their lukewarm reaction to Senate passage of the admittedly ill-named Inflation Reduction Act won't help energize the voters Democrats need to avoid conservatives regaining Congress…

Tribune News Service

Editorial: History will judge us on action (and inaction) on climate

On Friday, the U.S. House of Representatives is scheduled to cap off what has been a very good week for President Joe Biden with passage of the Inflation Reduction Act, legislation that is expected to lower prescription drug costs and raise corporate taxes while helping fight rising consumer prices.

The Guardian - UK

First Thing: Senate passes $739bn healthcare and climate bill

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory. Plus, meet Casper the ghostly octopus

Los Angeles Times

Senate Democrats pass sweeping health care, tax and climate bill

WASHINGTON — Senate Democrats on Sunday passed a sweeping health care, tax and climate change bill that will allow Medicare to negotiate prescription drug costs — a significant political win as the party tries to send a message before the midterm election that it is delivering on its promises.

The Independent UK

Senate Democrats pass bill that tackles climate crisis and lowers prescription drug prices

The legislation – which would be the largest investment yet in combating the climate crisis – now heads to the House of Representatives.

The Guardian - US

US Senate passes $739bn healthcare and climate bill after months of wrangling

Inflation Reduction Act will reduce planet-heating emissions and lower prescription drug costs – and give Biden a crucial victory

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