“Draining The Sink” On Drug Pricing Will Be Messy Business.
Mike Magee Last week’s New York Times headline said it all: “Drugmakers Are ‘Throwing the Kitchen Sink’ to Halt Medicare Price Negotiations.” It called to mind a story our aging legislators might sooner forget from two decades ago. But how the nation gave away the bank to these corporate characters (which include not only pharma, […]
Calling PhRMA’s Bluff: 15 Ways To Bring US Drug Costs Under Control
Mike Magee Historically, U.S. insurers have been relatively permissive when it comes to pharmaceuticals. Most drugs were covered and reimbursed generously. That reflected two realities: drugs were a relatively small piece of the over all health care cost, and denying certain drugs coverage on formulary lists was almost always a public relations nightmare, angering both […]