patients demand pharma pricing transparency

Patients Demand Pharma Pricing Transparency

Patients want transparency.  In recent years, patients are facing higher deductibles and higher premiums according to the Kaiser Family Foundation, KFF. Patients are also seeing complex and unclear pricing when it comes to routine checkups and medical tests.  In some cases, these complex pricing databases help knowledgeable patients compare prices refeeding medical procedures. In most cases, most about pricing in the big pharma world are still a mystery to them. More patients demand pharma pricing transparency than ever. Most of...

PBMs are the Gatekeepers to Managing Employees’ Drug Abuse

In 2018, the opioid epidemic cost the country $179 billion in mortality related expenses, health care expenses, lost productivity, criminal justice expenses, and assistance. The opioid epidemic is a preventable and complex public issue that arises from a myriad of causative factors. Because of this, the solutions needed to effectively end the opioid epidemic require multiple stakeholders, including healthcare providers, pharmacies, drug manufacturers and employers. Highlighted among the participants in ending this crisis is the pharmacy benefit manager (PBM).  PBMs...