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Drug Costs

Why Are Drugs So Outrageously Expensive?

Allen Frances | Posted 11.18.2015 | Science
Allen Frances

The drugs industry is the most profitable on earth. It has two branches -- an illegal one consisting of drug cartels and a legal one consisting of drug companies. The huge profits derived by both branches accrue from the same source -- monopoly price gouging.

To Curb Rising Costs, Experts Call For Ban On Prescription Drug Ads

Associated Press | Erin Schumaker | Posted 11.19.2015 | Healthy Living

CHICAGO (AP) -- The American Medical Association on Tuesday called for a ban on direct-to-consumer ads for prescription drugs and implantable medical...

The Problem With Most Cancer Drugs Recently Approved By The FDA

Diane Archer | Posted 11.04.2015 | Fifty
Diane Archer

According to a new study in JAMA, there is no evidence that the majority of the U.S. Food and Drug Administration-approved cancer drugs over the last five years work.

What You Need To Know About Hillary Clinton's Plan For Soaring Drug Prices

The Huffington Post | Jeffrey Young | Posted 09.22.2015 | Politics

WASHINGTON -- Democratic presidential candidate Hillary Clinton will outline a set of policies Tuesday she says will help make prescription drugs mor...

Americans Don't Like Pharma And Think They're Getting Ripped Off

The Huffington Post | Jeffrey Young | Posted 08.20.2015 | Politics

WASHINGTON -- Americans use prescription drugs and they know these medicines help people, but they still don't care much for pharmaceutical companies ...

Stigma and Big Pharma: Why Are States Denying People Who Use Illicit Drugs or Alcohol Life-saving Medical Treatment?

Julie Netherland | Posted 01.03.2015 | Politics
Julie Netherland

Imagine learning that your terminal illness could be cured only to be told that you were going to denied access to the medication that could save you. This is precisely the situation facing thousands of people living with the hepatitis C virus (HCV).

Jeffrey Young

Americans Pay Way More For This Than People In Other Countries | Jeffrey Young | Posted 04.17.2014 | Business

As anyone who's ever paid a health insurance premium or a hospital bill knows, medical care is expensive. What Americans may not know is that resident...

Prescription Drugs: When New And Expensive Is Really Just Money For Nothing

David Belk | Posted 04.24.2014 | Fifty
David Belk

How do doctors know if a new drug is really better than the ones already available? This is an important question because new drugs come out every year and if one works better at, say, reducing the chance of a heart attack, then it's probably worth prescribing.

Sky-High Prescription Drug Costs Cause Poor People To Skip Needed Medicines

Jeffrey Young | Posted 06.08.2013 | Business
Jeffrey Young

Uninsured people and those with low incomes are the most likely to go without prescription drugs they need because of cost -- and it could be harming ...

How To Save Money On Prescription Drugs

AP | LINDA A. JOHNSON | Posted 08.15.2012 | Money

TRENTON, N.J. -- Struggling to pay for your prescription medication? You're far from alone: Studies show roughly a quarter of patients don't take med...

The Priciest Weed In The Nation?

Posted 10.30.2011 | Chicago

Though reliable statistics on the subject are difficult to track for obvious reasons, a new analysis estimates that the average selling price of marij...

Sky High Drug Prices Impact Life-Or-Death Decisions

AP | MARILYNN MARCHIONE | Posted 11.17.2011 | Healthy Living

BOSTON — Cancer patients, brace yourselves. Many new drug treatments cost nearly $100,000 a year, sparking fresh debate about how much a few mon...

Heading To Mexico - For Cheaper Health Care

Reuters | Tim Gaynor | Posted 05.25.2011 | Business

NACO, Mexico (Reuters) - Retired police officer Bob Ritz has health insurance that covers his medical and dental care in the United States. But every...

Deal Reached On Cutting Prescription Drug Costs: Report

AP | DAVID ESPO | Posted 05.25.2011 | Business

WASHINGTON — The pharmaceutical industry agreed Saturday to spend $80 billion over the next decade improving drug benefits for seniors on Medica...