Skyrocketing Drug Costs Hit Medicare

Skyrocketing Drug Costs Hit Medicare

Some drug price increases have gotten a lot of attention (such as Daraprim’s 5,000 percent jump). But the combined effect of price hikes on numerous prescription drug costs is apparent in new data released by the U.S. Centers for Medicare and Medicaid Services (CMS). Hefty price jumps on generic and brand name drugs contributed to higher […]

5,000 Percent Increase in Drug Costs Raising Questions

5,000 Percent Increase in Drug Costs Raising Questions

Imagine paying $13.50 for a prescription one time and then $750 the next. That increase of over 5,000 percent is just what happened to people who are taking Daraprim, and astronomical increases in drug costs have been reported recently for other medications raising questions from insurance companies, doctors and, of course, patients who need the […]

California Exchange Caps Copays for Pricey Drugs

California Exchange Caps Copays for Pricey Drugs

Prices for specialty drugs keep skyrocketing. Some of the newer ones for chronic conditions, like hepatitis C, multiple sclerosis, rheumatoid arthritis and HIV, can cost over $10,000 per coarse of treatment. For those in individual medical plans with a 30 percent copayment (copay), that means spending $3,000 themselves after the insurance pays its part to […]