World of DTC Marketing
JUNE 16, 2021
This includes about one in five who report that they have not filled a prescription or took an over-the counter drug instead, and about one in ten who say they have cut pills in half or skipped a dose. Anyone who’s filled a prescription lately knows drug prices are out of control.
World of DTC Marketing
NOVEMBER 8, 2021
The Medicare prescription drug pricing plan Democrats unveiled is not nearly as ambitious as many lawmakers sought, but they and drug policy experts say the provisions crack open the door to reforms that could have dramatic effects.
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Pharmaceutical Technology
JANUARY 30, 2023
The UK government’s decision to set an unprecedented payback rate of 26.5% Full details of the government’s 2023 VPAS payment calculation may be accessed on the UK Department of Health and Social Care (DHSC) page here.
Salesforce
MARCH 2, 2022
The problems afflicting the health industry are especially prevalent in government systems, which are slowed by political gridlock, budget constraints, and inertia. Case study: How Ireland’s government healthcare quickly prepared for COVID-19. government healthcare system.
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Pharmaceutical Technology
OCTOBER 13, 2022
Melatonin has a prescription-only status and is strictly regulated in the UK, making this the first time it has been approved for use in this indication. Prescription-only vs OTC. In 1995, the UK government classified it as a medicine making its over-the-counter sale illegal.
World of DTC Marketing
JULY 21, 2021
SUMMARY: DTC marketing is not the reason why prescription drugs cost so much. Here are some myths around DTC marketing: 1ne: DTC ads result in patients asking for prescriptions they don’t need. 2wo: DTC marketing is one of the reasons prescription drugs cost so much.
World of DTC Marketing
NOVEMBER 11, 2020
As I See It DTC Spending Health information online Prescription drug DTC marketing Social media and DTC marketersSUMMARY: Social media continues to be used by online health seekers, but there is also a high level of health misinformation.
Pharma Phorum
SEPTEMBER 5, 2022
Sam Crowther, founder and CEO of cybersecurity company Kasada, tells us about a recent discovery his company made that revealed tens of thousands of accounts with prescription drug attachments in major online pharmacies had been compromised.
World of DTC Marketing
JULY 28, 2022
Nationwide, prescription drug spending last year is estimated to be $328 billion among all payers, including private insurance, Medicare Part D, and patients’ out-of-pocket expenses. Nearly 9 in 10 older adults take prescription medication.
World of DTC Marketing
JULY 12, 2022
According to The Hill “, a large majority of the public favors allowing the government to negotiate for lower prescription drug prices, according to a new poll that comes as a legislative battle plays out on the issue. Government assistance programs include: U.S.
MedCity News
AUGUST 5, 2022
On the micro level, it’s more prescriptive (i.e., On the macro level, it’s expressed as a set of ethics and principles that govern a company’s conduct. For most companies and medtech, in particular, good business practices (GBP) happens on multiple levels.
World of DTC Marketing
NOVEMBER 2, 2021
Medicare’s innovation center may be the best avenue for lowering drug costs if provisions empowering government price negotiation don’t’ make it into a sweeping domestic spending package. For now, drug companies are free to overcharge Medicare for prescription drugs.
World of DTC Marketing
OCTOBER 28, 2021
SUMMARY: Large-cap pharma companies are trading higher in the morning hours after White House unveiled a framework for a deal on President Biden’s social spending package on Thursday leaving out a key provision that allowed Medicare to negotiate lower prescription drug prices.
World of DTC Marketing
JANUARY 5, 2022
According to the WSJ “who deserves credit for medical discoveries has long been a battleground for companies, academia, and government. government-developed technology. Drug companies raised the prices on hundreds of medications on Jan. 1, with most prices up 5% to 6% on average.
World of DTC Marketing
MARCH 31, 2022
Under the bill proposed, Medicare beneficiaries and those insured through private plans would pay no more than $35 for a 30-day insulin prescription, or the lesser of $35 or 25% of the plan’s negotiated price for a 30-day prescription.
World of DTC Marketing
SEPTEMBER 7, 2021
Industry lobbyists claim that any government attempt to intervene in pharmaceutical companies’ price-setting would stifle innovation and prolong the fight against Covid-19. IMO there is an excellent chance the Federal government will vote to negotiate drug prices for Medicare.
World of DTC Marketing
DECEMBER 16, 2021
Of course, the irony of this data is that it negates PhRMAs key argument against having the government negotiate prices for Medicare.
World of DTC Marketing
JANUARY 6, 2021
Under some versions of these plans, private insurance would be eliminated, and all Americans would be covered under one, government-run plan, similar to Medicare. This January, the drug industry raised prices on over 400 prescription drugs.
World of DTC Marketing
SEPTEMBER 16, 2021
According to the Times “, the United States pays higher prices for prescription drugs than any of its peers — about 250 percent of the price paid on average by other Organization for Economic Cooperation and Development countries, according to a recent report from the RAND Corporation.
World of DTC Marketing
MAY 2, 2021
SUMMARY: A new survey from the Kaiser Family Foundation and the Purchaser Business Group on Health shows signs that corporate executives might be warming to the idea of government getting more involved to rein in the excesses of the healthcare system.
World of DTC Marketing
AUGUST 7, 2022
Researchers found that physicians don’t think very highly of health insurance companies and believe they’re putting patients at risk with policies such as prior authorizations ahead of filling prescriptions. Pricing for prescription drugs is about as transparent as airline fares.
World of DTC Marketing
SEPTEMBER 23, 2021
The suggestion by Pfizer’s CEO that drug pricing negotiations with the government would slow innovation is PR doubletalk. SUMMARY: Pfizer will earn over 26 billion dollars from their COVID vaccine, while Moderna and J&J also look to their vaccines for more profit dollars.
World of DTC Marketing
DECEMBER 20, 2021
While the federal government has proposed negotiating the cost of drugs with pharma for Medicare, it still ignored the high costs hidden in plain sights, like patients who rely too much on prescription medications to tackle health problems addressed with lifestyle changes.
World of DTC Marketing
MARCH 16, 2022
Besides the increased costs of prescription drugs above inflation levels, drug companies are playing a shell game with the opioid settlements.
World of DTC Marketing
APRIL 21, 2021
The company’s policies for pricing have more than once prompted congressional hearings, as in the case of Truvada , a drug to combat HIV transmission that was developed in part with the aid of government grants and that earned Gilead more than $30 billion in revenue.
World of DTC Marketing
SEPTEMBER 9, 2021
The drug industry is trying to convince voters that government negotiations with drug companies will lead to less innovation. But even though the government may be saving money, ordinary taxpayers probably won’t see any discounts.
World of DTC Marketing
JULY 17, 2022
But before the company can make Wegovy mainstream, it has to convince doctors to prescribe it and insurers and governments to pay for it. Payers also face hurdles, so patients must obtain permission before filling a prescription.
World of DTC Marketing
NOVEMBER 3, 2021
SUMMARY: The new, proposed, drug legislation is a first step rather than a sweeping change. It’s a collection of measures meant to bring down prices slowly and on targeted drugs, and pharma is already complaining.
Pharma Phorum
NOVEMBER 16, 2022
Walmart has become the latest big pharmacy chain in the US to put forward a settlement to resolve claims it contributed to the national opioid crisis by failing to regulate prescriptions at its outlets.
Pharma Phorum
JANUARY 27, 2023
Demand has also increased due to changes in prescribing protocols, leading to a higher underlying number of prescriptions for certain antibiotic medicines. Governments will act, but will it be enough?
PM360
SEPTEMBER 28, 2022
In April 2022, we released an article describing proposed policies from the federal government that could impact prescription drug pricing. Government negotiation of drug prices.
World of DTC Marketing
JANUARY 1, 2021
President-elect Biden will challenge the pharma lobby, and I still believe that eventually, the government will negotiate prices for Medicare way down. As long as Americans remain unhealthy they will need prescription drugs.
World of DTC Marketing
APRIL 12, 2022
(FT.COM) The U.S. healthcare system is bedeviled by greed, with drug companies, device manufacturers, hospital organizations, physician groups, and insurers scrambling to grab a slice of the more than $3 trillion we spend on medical care each year. We have access to the most cutting-edge treatments.
World of DTC Marketing
JUNE 18, 2021
If you want a great example of government dysfunction, read the GAO report. INSIGHT: The most advertised drugs are the ones that appeal to the largest audiences, and seniors take and need more prescription drugs. No wonder the trust in the Federal Government is declining.
World of DTC Marketing
MAY 10, 2021
” The media has not addressed this issue other than to point fingers at the high prices of prescription drugs continually. I still struggle to understand wy the pharma industry hasn’t come together to form a way to get prescription drugs to people who can’t afford them.
World of DTC Marketing
OCTOBER 18, 2021
SUMMARY : (Financial Times) BioNTech/Pfizer and Moderna will dominate the Covid-19 vaccine market next year, generating a massive $93.2bn in combined sales and legislation allowing the government to negotiate drug prices for Medicare is all but dead.
Pharma Phorum
SEPTEMBER 1, 2022
As the pandemic progressed, the platform evolved to meet other needs that have materialised within the healthcare sector, including recently unveiling its “Visitless Prescriptions” service. “We are currently focused on offering a convenient way to get prescriptions.
World of DTC Marketing
APRIL 7, 2022
One reason for rising healthcare costs is government policy. While the media is focused on drug costs, which are a problem, only 12% of every healthcare dollar is spent on prescription drugs.
World of DTC Marketing
OCTOBER 5, 2021
Seventy-nine percent of Americans think the price of prescription drugs is “unreasonable,” according to a 2019 Kaiser Family Foundation poll , and about 9 in 10 say they support the idea of the government negotiating prices.
Nixon Gwilt Law
DECEMBER 6, 2021
For the first time, the Drug Enforcement Agency (“DEA”) is becoming directly involved in the telepharmacy space, an industry that the DEA has not previously regulated aside from the loose application of its existing regulations governing online pharmacies.
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