Friday, July 29, 2022: D.C. News

Senate Majority Leader Chuck Schumer announced that Democrats will add a measure to lower insulin cost to the reconciliation package he negotiated with Senator Joe Manchin. It is unclear whether insulin cost reduction measures would survive the arcane Senate rules on...

Friday, July 29, 2022: Life Sciences

According to Vizient’s Summer 2022 Pharmacy Market Outlook report, drug price growth will slow next year as biosimilars are expected to curb the price of the world’s best-selling drug. The report found that pharmaceutical prices are projected to increase 3.26...

Friday, July 29, 2022: Life Sciences

he Biden administration is planning a September campaign for reformulated COVID-19 booster shots. The vaccines, which Pfizer Inc. and Moderna Inc. said they could deliver on that timeline, would be available for all adults and potentially children. The companies...

Friday, July 29, 2022: Payers

The Employee Benefit Research Institute found that the growth of high-deductible health plans led to people with employer-sponsored coverage paying for a larger share, on average, of their health care costs between 2013 and 2019. The share of their medical expenses...

Friday, July 29, 2022: Providers

New York state filed a lawsuit against CVS Health Corp for allegedly forcing safety net hospitals to pay millions of dollars to access discounted prescription drugs, violating state antitrust law. According to the lawsuit, CVS forced New York safety net providers to...