Archives
COUPONS 
September 15, 2017 Insurers cutting back on drug coupons amid concerns over consumer costs
John Ellmann, 59, of Highwood, speaks about his struggle with affording his medicine; his health insurer, Blue Cross and Blue Shield of Illinois, has put limits on coupons he uses for his copay. (Alyssa Pointer/Chicago Tribune) With many drug prices rising, consumers often pull out coupons or discount cards from drugmakers to save money when they buy medications […]
COUPONS July 9, 2017 Like using that drug coupon? Its days may be numbered
Co-pay coupons offered by drug makers are controversial. Where patients see a way to reduce or eliminate the out-of-pocket cost of their medications, health plans see a menace that pushes patients to take more expensive drugs. The issue has prompted U.S. government scrutiny, led federal health programs to bar those they insure from using the […]
COUPONS June 12, 2017 Drug coupons are costing us billions: Lawmakers seek end to slimy scheme
When Mylan’s CEO, Heather Bresch, appeared before lawmakers last September to explain the skyscraping price of life-saving EpiPens, she touted coupons that would cut out-of-pocket costs for customers rather than plans to lower prices. Executives for Turing Pharmaceuticals, Valeant, Marathon, Kaléo, and many others used the same strategy amid price-gouging claims. But the wallet-friendly deals are […]
COUPONS May 6, 2017 Drug makers use co-pay coupons to help mask their rising drug prices
Drug maker-funded coupons and patient assistance programs are proving to be an uncertain and often questionable way for patients to afford what a new report shows are increasingly expensive specialty and other brand name drugs. Growth in drug spending by commercial and government insurance plans slowed last year to 5.8% — less than half the growth […]
COUPONS February 10, 2017 To lower drug costs, a bill in California would prohibit coupons
SARAH BENTHAM/APJay Hungerford, pharmacy intern, speaks with a customer at a Wal-Mart pharmacy in Bentonville, Ark. By ED SILVERMAN @Pharmalot FEBRUARY 3, 2017 I n a novel bid to slash drug costs, a California legislator has introduced a bill to prohibit the use of coupons when a lower-priced medicine is available. The legislation, which is […]
COUPONS December 28, 2016 The hidden costs of prescription drug coupons
Coupons are good for people who face expensive copayments at the counter but they’re frustrating to insurance companies and are even banned in some states. Credit: Joanna M. Foto/CC0. Image cropped. You may have noticed that some drug companies offer coupons to consumers — which slash copayments for brand-name medications. Player utilities Popout Share 00:00 00:00 download This story […]
ELECTRONICS May 24, 2016 Electronics giant Samsung may enter US drug market with Remicade biosimilar
Electronics giant, Samsung group said on Tuesday that its application for the approval of biosimilar (replicas of biological drugs) of Johnson & Johnson’s arthritis drug, Remicade has been accepted by the U.S Food and Drug Administration (USFDA).Pictured: People are silhouetted as they pose with mobile devices in front of a screen projected with a Samsung […]
NEWS May 21, 2016 Mexico to extradite drug boss El Chapo to US
A report photograph of drug lord Joaquin ‘El Chapo’ Guzman in Mexico. picture: Reuters Mexico city: Mexico approved the extradition of drug lord Joaquin “El Chapo” Guzman to the usa on Friday after receiving guarantees he could no longer face the death penalty, and the kinkgpin’s legal professionals vowed to block the move. Juan Pablo […]
