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News Articles: prescription drug costs

 Congressman Buddy Carter speaks to a state legislative committee Wednesday in downtown Atlanta.

Tagged as: 

  • News

Georgia U.S. Rep. Carter fails to spur state lawmakers to require sharing of prescription discounts

Another attempt to push through a measure that would require prescription drug discounts to be shared with Georgia consumers failed Wednesday, despite an in-person boost from Congressman Buddy Carter who argued in favor of the bill.

January 26, 2024
|
By:
  • Jill Nolin
President Biden hugs Steven Hadfield, a Medicare recipient who takes expensive drugs, at an event on prescription drug costs at the White House on Aug. 29.

Tagged as: 

  • Politics

Here are the first 10 drugs that Medicare will target for price cuts

The government will negotiate new prices for the commonly prescribed drugs, but the cuts won't take effect until 2026. In the meantime, drugmakers are fighting the negotiations with lawsuits.

August 30, 2023
|
By:
  • Selena Simmons-Duffin,
  • Sydney Lupkin,
  • and 1 more

Tagged as: 

  • News

Prescription drug price reform bill fell apart in state Senate over small business concerns

After sailing through the Georgia House of Representatives, a bill aimed at reducing some prescription drug costs for consumers was blocked by a close vote in a Senate committee.

April 14, 2023
|
By:
  • Rebecca Grapevine
Retiree Donna Weiner shows some of the daily prescription medications for which she pays more than $6,000 per year through a Medicare prescription drug plan. She supports giving Medicare authority to negotiate drug prices.

Tagged as: 

  • Health Care

Drug plan prices touted during Medicare open enrollment can rise within a month

Even the savviest Medicare drug plan shoppers can get a shock when they fill prescriptions: That great deal on medications in fall is no bargain after prices go up as much as 8% by winter.

May 03, 2022
|
By:
  • Susan Jaffe
Pharmacist Suzanne Davenport (left) answers a question for patient Mike Britton (right) about his prescription at Southern Drug Company in Blue Ridge, Ga. on March 7.

Tagged as: 

  • Health

Lawmakers weigh proposal to lower prescription drug costs in Georgia

New legislation that aims to lower the cost of some brand name prescription drugs for insured patients would increase transparency in medication pricing for Georgians.

March 17, 2022
|
By:
  • Sarah Swetlik
Dallas Mavericks owner Mark Cuban tweeted of his new online pharmacy: "All drugs are priced at cost plus 15% ! Sign up and share your thoughts and experiences with us !"

Tagged as: 

  • Health

Billionaire Mark Cuban launches online pharmacy aimed at lowering generic drug prices

The pharmacy says it will bypass health care industry "middlemen" and help consumers avoid high drug prices by charging manufacturers' prices plus a flat 15% markup and pharmacist fee.

January 25, 2022
|
By:
  • Joe Hernandez
Prescription drugs

Tagged as: 

  • Health Care

Georgia Prescription Drug Price Rules Tightening Draws Concern, Praise

Patient advocates and representatives from groups called pharmacy benefits managers (PBMs) contracted with health insurers to negotiate lower drug prices are awaiting data from new prescription-cost reporting required in legislation state lawmakers passed last year.

May 03, 2021
|
By:
  • Beau Evans
Person holding prescription drug bottle

Tagged as: 

  • Health Care

For Many, Insurance Doesn't Prevent High Costs From Prescriptions

Out-of-pocket costs can severely affect people with no health insurance, and even many who have drug coverage. 

April 23, 2021
|
By:
  • Andy Miller
Canadian Minister of Health Patty Hajdu, pictured in 2016, announced a new rule in response to a U.S. plan to import drugs from Canada.

Tagged as: 

  • Health

Canada Blocks Export Of Medications In Short Supply In Response To Trump Plan

The move comes just days before a U.S. rule was set to go into effect allowing for bulk importation of drugs from Canada. Trump promised it would lower costs and be a "game changer" for seniors.

November 29, 2020
|
By:
  • Matthew S. Schwartz

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