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News November 18, 2019

The Week in Review in Prescription Drug Pricing

By P4ADNow Team

1. “Why is the price so high?”

  • In recognition of World Diabetes Day, P4AD released a new report that tells the story of how the insulin pricing crisis came to be and what we must do to fix it. — (P4AD & NBC)

2. Something Must Change

  • A new study found that 34 million Americans know at least one person who has died after not receiving medical treatment due to cost — including drug prices. — (Gallup)

3. OK, Pharma

  • In 2018, prices for some of the most widely used drugs increased by more than double the rate of inflation. — (AARP)

4. False Claims Exposed

  • A new analysis found brand-name drugmakers could lose $1 trillion in lower sales and *still* be the most profitable industry sector ($@%#!?), all while maintaining current research investments.— (West Health)

5. Forced to Ration

  • In the U.S., patients are far more likely than in other developed nations to ration drugs due to cost. — (The New York Times)

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