Spending on medicines grew less than one percent in 2017
By Holly Campbell | April 19, 2018
Last year, a record number of new treatments and cures that are transforming care for patients fighting debilitating diseases like cancer, hepatitis C, high cholesterol and more were approved by...
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Patients pay the price when hospitals mark up cancer medicines
By Joe Vandigo | April 5, 2018
Two studies released last month reveal how hospitals across the country mark up the price of medicines and deliver a growing share of provider-administered medicines, resulting in higher costs...
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Advance price notification: A transparency measure that fails patients
By Saumil Pandya and Emily Donaldson | March 29, 2018
Most transparency reforms aim to correct perceived misaligned incentives in the biopharmaceutical marketplace. However, many efforts to mandate information flow in the private market have serious...
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New Let’s Talk About Cost ads highlight how copay accumulator programs could leave patients financially exposed
By Holly Campbell | March 27, 2018
Today, as part of the Let’s Talk About Cost campaign, PhRMA unveiled new advertisements highlighting how the use of copay accumulator programs by insurance companies and other middlemen could...
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Video: How does the supply chain shape brand-name medicine prices?
By Holly Campbell | March 19, 2018
A medicine’s path from the biopharmaceutical company to the patient is complex and involves many entities across the biopharmaceutical supply chain. In fact, more than one-third of the initial...
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4 Things to know about the IQVIA 2018 and Beyond: Outlook and Turning Points report
By Holly Campbell | March 13, 2018
We continue to see a deluge of data from government actuaries and pharmacy benefit managers (PBMs) showing a dramatic slowdown in medicine spending growth. Most recently, the IQVIA Institute for...
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ICYMI – Two PBM reports show dramatic slowdown in medicine spending growth
By Holly Campbell | March 2, 2018
Newly released pharmacy benefit manager (PBM) data show medicine spending is growing at the slowest rate in years. After accounting for discounts and rebates negotiated with biopharmaceutical...
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Copay coupons can help ease patients’ out-of-pocket costs
By Holly Campbell | February 16, 2018
Each year, middlemen, like pharmacy benefit managers (PBMs) and insurers, shift more of the costs of health care to patients. Ensuring patients have affordable access to their medicines is the top...
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Oregon’s HB 4005 fails to deliver savings for patients
By Caitlin Carroll | February 14, 2018
Medicine costs are growing at the slowest rate in years, but it doesn’t feel that way to patients who are facing higher out-of-pocket costs for their health care across the board. Proposals like...
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PhRMA launches new consumer-facing Let’s Talk About Cost website
By Holly Campbell | January 24, 2018
Today, as part of the Let’s Talk About Cost campaign, PhRMA launched LetsTalkAboutCost.org, a national consumer-facing website to provide consumers with easy-to-understand information about the...
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