Pharmaceutical companies are using their savings from recent corporate tax cuts to buy back shares of their own stock, enriching executives and wealthy investors as prescription drug prices continue to skyrocket, says Robert Reich, former Secretary of Labor. “It’s a two part scam,” he said. […]
Tag: prescription drugs
Without reform and tougher enforcement, prescription drugs will continue to be a major reason that the United States spends much more on health care costs than any other country with worse outcomes. A Journal of the American Medical Association study showed that spending per capita […]
Customers overpaid for their prescriptions 23 percent of the time, with an average overpayment of $7.69 on those transactions. The overpayments totaled $135 million during a six-month period. Sydney Lupkin, California Healthline As a health economist, Karen Van Nuys had heard that it’s sometimes cheaper to […]
Blindsided by a leukemia diagnosis at age 26, an otherwise healthy single mom named Lauren Baumann learned there’s a medicine for her illness that would help her live. It’s Gleevec. And the stars were aligned – she had a full time job and health insurance. […]