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Drug Prices

Does It Really Cost 2.6 Billion to Fund a New Drug?

Jacqueline Dooley | Posted 10.03.2015 | Healthy Living
Jacqueline Dooley

Pharmaceutical companies had a chance to be part of the solution -- they could have innovated amazing cures. They could have worked to solve major health care crises and earned a place of honor among the world's greatest problem solvers. Instead they chose profit over humanity.

The Volkswagen Cheating Scandal Reveals the True Nature of Capitalism

Cody Cain | Posted 09.30.2015 | Politics
Cody Cain

This problem will not be fixed by slapping a big fine on Volkswagen. The problem is bigger than that. The problem lies with the system itself. We must decide whether our system should serve the interests of people, or profits. Right now, profits are winning.

The Real Story Behind a $750 Pill -- and How You Can Get It for $6

Tod Cooperman, M.D. | Posted 09.28.2015 | Healthy Living
Tod Cooperman, M.D.

While pharmaceutical companies take advantage of the lower cost of goods and services all over the globe, U.S. consumers seeking medicine cannot -- at least not legally.

How Much Did Medicaid Programs Spend on Sovaldi in 2014?

Joshua Liao | Posted 09.24.2015 | Healthy Living
Joshua Liao

It is important to remember that Daraprim is not the first or only drug in recent years to cause concern among physicians, policymakers, patients and the public.

Drug-Price Gouging Hedge Fund Guy May Be Even Worse Than You Thought, SEC Documents Show

The Huffington Post | Ryan Grim | Posted 09.23.2015 | Business

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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 ...

Doctors Say Cancer Drug Prices Unaffordable

Diane Archer | Posted 08.04.2015 | Fifty
Diane Archer

One in three Americans will have some form of cancer. And, even with insurance, they typically will end up bearing 20 to 30 percent of the cost of their cancer drugs. Insurers have no ability to rein in prices so insurers simply shift more drug costs to their members.

Another Argument From Obamacare Critics Is Starting To Crumble

The Huffington Post | Jonathan Cohn | Posted 07.28.2015 | Politics

Millions of additional people now have health insurance thanks to the Affordable Care Act. But does that mean Americans actually have better access t...

6 Ways To Keep Drug Costs Down If You Have Medicare

Diane Archer | Posted 06.22.2015 | Fifty
Diane Archer

Many people with Medicare find that they are paying a hefty amount for their drugs, even with prescription drug coverage. Drug companies have considerable power to set high prices for many drugs. Here are tips for keeping your costs down.

Zach Carter

Obama Has Been Fighting Doctors Without Borders For Years | Zach Carter | Posted 10.30.2014 | Politics

WASHINGTON -- It's a little unusual to see the Obama administration singing the praises of Doctors Without Borders, the Nobel Peace Prize-winning nonp...

The High Cost of Vaccines

Ruth Macklin | Posted 09.15.2014 | Politics
Ruth Macklin

What -- if anything -- can be done about a situation that forces patients to choose between two undesirable options: risk succumbing to a preventable illness or pay the exorbitant amounts the companies are charging?

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...

Here's How Much Money You're Wasting On Illegal Drugs (INFOGRAPHIC)

Posted 03.21.2014 | Crime

Buying illegal drugs isn't just terrible for you, it's also no good for your wallet. Online black markets like Silk Road -- which the FBI shut down...

A Wonderland of Prices: What Pharmacies Pay for the Drugs They Buy

David Belk | Posted 03.01.2014 | Fifty
David Belk

Doctors don't know, pharmacists barely know, and patients have almost no choice of what they're allowed to buy. Do you really think any of these bizarre prices would survive the light of day if people knew? Well, now you do know. Let's find out.

Making Sense Of How Prescription Drugs Are Bought And Sold

David Belk | Posted 02.14.2014 | Fifty
David Belk

Well, we need to understand the surreal world in which prescription drugs are bought and sold in the U.S., and how they're different from just about anything else you might buy.

Ryan Grim

One Man Shows Just How Corrupt Washington Is | Ryan Grim | Posted 08.13.2013 | Politics

WASHINGTON -- When Billy Tauzin stepped down as the high-profile head of the pharmaceutical lobby in 2010, The New York Times penned his political obi...

Big Pharma CEOs Rake in $1.57 Billion in Pay

Ethan Rome | Posted 07.08.2013 | Business
Ethan Rome

For people who were blown away to learn recently that the 11 largest global pharmaceutical companies made an astonishing $711 billion in profits over the last decade, here's another measure of the industry's greed.

Zach Carter

An Idea To Fix Killer Costs Of Lifesaving Drugs | Zach Carter | Posted 05.19.2012 | Politics

WASHINGTON -- Sen. Bernie Sanders (I-Vt.) is promoting a new plan to encourage the development of better, cheaper prescription drugs: an innovation fu...

Legally Killing People Has Gotten A Lot More Expensive

The Huffington Post | Khadeeja Safdar | Posted 03.30.2012 | Business

Legally killing people has gotten more expensive. The price of execution drugs is now 15 times higher than it was a year ago, according to The Aust...

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...

Drug Prices To Plummet By Next Year

AP/Huffington Post | By LINDA A. JOHNSON | Posted 01.23.2014 | Healthy Living

(Associated Press) -- The cost of prescription medicines used by millions of people every day is about to plummet. The next 14 months will bring ge...

The Most Expensive Places To Buy Cocaine

The Huffington Post | Timothy Stenovec | Posted 08.27.2011 | World

Cocaine is more expensive in Norway than in any other European country, according to a report released on Thursday by the United Nations Office on Dru...

A Depressing Story You Need to Read

Robert Kuttner | Posted 08.26.2011 | Politics
Robert Kuttner

Corrosion of the public spirit of scientists and the distortion of scientific inquiry is one of the many costs of pervasive commercialization. And what's truly depressing is that the Obama FDA is only marginally better on this front than George W. Bush's.

Drug Companies Raising Prices Ahead Of Reform | DUFF WILSON | Posted 05.25.2011 | Business

Even as drug makers promise to support Washington's health care overhaul by shaving $8 billion a year off the nation's drug costs after the legislatio...