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Big Pharma Ushers in New Year With Price Hikes on Hundreds of Drugs

posted by takyon on Thursday January 03 2019, @06:22PM   Printer-friendly
from the same-old-new-year dept.

MrPlow writes:

Submitted via IRC for SoyCow1984

Source: Big Pharma ushers in new year with price hikes on hundreds of drugs

More than three dozen drug companies welcomed the new year with sweeping price hikes on hundreds of medicines, according to a new analysis from Rx Savings Solutions, which was first reported by The Wall Street Journal.

The drugs that saw list-price increases on January 1 ranged from generics and blood-pressure drugs to brand-name prescriptions such as the dry-eye treatment Restasis. The average price jump blew past inflation at 6.5 percent, with some medicines seeing double-digit increases—bucking many drug companies' vows to keep such periodic hikes under 10 percent.

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  • (Score: 2, Interesting) by Anonymous Coward on Friday January 04 2019, @05:02AM

    by Anonymous Coward on Friday January 04 2019, @05:02AM (#781912)

    No, you can pay a lot less for a good system if you eliminate the rent-seeking profiteers, The money that goes into the pockets of those who run insurance companies does nothing for your health, it is simply an extra cost you pay on top. You are blinded by the self-fulfilling ideology that governments cannot do anything well.
    Import a few medical administrators from UK/CA/AU if yours can't understand how to run a system for the benefit of the patients rather than the profits of the already wealthy.

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