Costs Spike as Pharma Companies Reprice Old Drugs
It is no secret medical costs in general are on the rise, but a large portion of this growth can be attributed to the increase in prescription drug prices alone.
It is no secret medical costs in general are on the rise, but a large portion of this growth can be attributed to the increase in prescription drug prices alone.
Few were privy to the story of how the five largest health insurance providers in the United States planned to whittle their numbers down to only three companies. That is, until announcements of submitted documents for company mergers dominated the industry press.
What many people do not know is that there are various ways to cut the cost of those expensive prescriptions that can sometimes cut into their budget.
The high cost of a certain drug raises questions on whether government should regulate the cost of the life-saving drug and others of it’s kind.
Pfizer Inc. announced plans to move forward on an over-the-counter (OTC) version of Lipitor, a cholesterol blocking medication.