An Expedia.com For Prescription Drugs?
New apps and services offer consumers a way to compare prescription drug prices to find the best value, something most people just aren't doing, even with skyrocketing costs. Meanwhile, pharmaceutical companies have found a new way to tap into a lucrative demographic through comic books.
The Associated Press:
Why Aren't You Shopping For Lower Prescription Drug Prices?
Most people don't shop for lower prescription drug prices. They should, especially now that there are easier ways to do so. More than a dozen websites and apps are vying to help U.S. consumers find the lowest prices for prescription drugs by comparing prices and searching for deals, similar to the way Expedia looks for cheap airfare or Bankrate.com looks for low mortgage rates. ... Recent studies show that more than one in five prescriptions in the U.S. go unfilled, in part due to financial hardship. Yet only 17 percent of U.S. consumers are willing to check multiple pharmacies for lower drug prices, according to a survey by Consumer Reports. (6/1)
Comic Books. Lesson Plans. How Drug Companies Target Kids
The makers of medical products are finding subtle and sophisticated new ways to target kids — a demographic that can bring them hefty profits now, and could grow up to be loyal, even more lucrative, adult customers. (Robbins, 6/2)
And in California, lawmakers have approved a bill aimed at curbing high prescription prices —
Los Angeles Times:
Drugmakers Would Give Advance Notice Of Price Hikes Under Plan Approved By State Senate
The state Senate on Wednesday took action to shine a light on skyrocketing prices for many prescription drugs, approving a bill that requires drug manufacturers to provide 60-days notice to purchasers if the cost is going to be increased by more than 10%. The bill by Sen. Ed Hernández (D-West Covina) said his bill would also require drugmakers to give notice when a new drug will cost $10,000 or more annually or during a course of treatment. (McGreevy, 6/1)