When prescription drug costs are subjectively set by conflicted intermediates who profit off higher prices and misaligned incentives, the sticker shock isn’t really a shock at all. www.wsj.com/health/healt... @wsj.com - ThreadSky

aciaccia.bsky.social • 89 days ago

When prescription drug costs are subjectively set by conflicted intermediates who profit off higher prices and misaligned incentives, the sticker shock isn’t really a shock at all. https://www.wsj.com/health/healthcare/medicare-pays-wildly-different-prices-for-the-same-drug-b20fa58c?st=sD85fv&reflink=desktopwebshare_permalink @wsj.com

Comments

tadish.bsky.social•76 days ago

the game

kyle181.bsky.social•86 days ago

And this is why single payer is so important in health care. In BC (Canada) Xarelto is $93CAD per month compared to an average $570USD

https://www2.gov.bc.ca/assets/gov/health/health-drug-coverage/pharmacare/your-voice-drug-info/rivaroxaban_xarelto_peds_3954_dis.pdf

whathavewecometo.bsky.social•86 days ago

We ain't seen nothing yet - wait till the Orange One abolishes all regulations and the FTC is "deleted" so these thieves can vertically integrate with the other middlemen who contribute nothing but take billions of our healthcare dollars (insurance companies, hospital administrators, etc).

sauceboyz6.bsky.social•86 days ago

Who do pharmacy benefit managers serve? Definitely not patients.

blaketapper.bsky.social•87 days ago

My favorite part of this is the SD worth of negotiations that ended with a higher-than-list price agreement. Very efficient, very cool.

edilmas.bsky.social•86 days ago

Once I needed some medicine that my doctor prescribed but Aetna denied. It needed it to be approved by some doctors monthly meeting. I went online and paid $200 but could have get it on eBay for $1. But needed to wait 2 weeks

chicagomike.bsky.social•86 days ago

Once upon a time I was working with rx claims adjudication data across several states and large employers. Price per pill for some drugs could be significantly (>2x) more for some patients. I understand premiums or whatever were likely different, but it did not seem ethical to make money this way.

dgrud.bsky.social•86 days ago

So it pays to shop around.

d-d-58.bsky.social•86 days ago

Look up your RX. The generic drug in this article is covered on Cost plus- cash price without insurance! Pass it on. We are saving $900 a month on a drug my husband has even though he has insurance.

timglowa.bsky.social•86 days ago

Heath care in the US has a massive opportunity for distribution. You see it with @mcuban.bsky.social and cost plus drugs.

A knee replacement in Dallas can cost $17,000 to $48,000.

How can a patient be a “smart consumer” when they get the bill after service and have no idea the prices?

rumrace.bsky.social•86 days ago

It has to be the best con job in business history. One common response from US, y’all have no idea how to handle pop this big. Europes twice the population just not naive.

rumrace.bsky.social•86 days ago

US costs on many drugs are 10X price of same drug in Canada. In the US drugs are in the insurance class action law suit game which is really great if your in insurance or law. They are amortizing funds just to pay suits, you can get 40% of your suit paid now lawyers & pay now take the rest.

sherrysovern.bsky.social•86 days ago

Please follow Mark Cuban, if you need cheaper medication. His pharmaceutical company saved our family $$, when insurance lapsed.

redlishka9.bsky.social•85 days ago

What would help patients have more portable medical records to take advantage of pricing options in other places for non-emergency surgeries? I know many people travel for plastic surgeries but could replacement surgeries be next?

evolvegracefully.bsky.social•86 days ago

Thank You!
I have collaborated with a Holistic MD, Neurologist….
Many years ago he had to give up a treatment he was doing for HIV patients, because the drug companies made the substance so expensive!

Comments

Posting Rules

Reply