3 ms·
An absolutely shocking decision, which will have immense negative consequences for healthcare and healthcare costs far into the future. A license to turn false
by sparsely 5y ago
An absolutely shocking decision, which will have immense negative consequences for healthcare and healthcare costs far into the future. A license to turn false hope into profit margins and commissions for snake oil salesmen.
List price is $56,000 per year if you're curious.
- nceqs3 5y agoList price doesn't matter in US healthcare FYI.
- boreas 5y agoThe fact that pharma has managed to obfuscate true prices is its own indictment of US healthcare. (edit) made my comment a bit less confrontational in tone
- nceqs3 5y agoIt's really the PBMs who have obfuscated the true prices. Check out the formulary incentive structure.
- NoImmatureAdHom 5y agoIdk why the downvotes, this person is basically correct. Maybe downvotes because people find it distasteful? Lots of correct things are distasteful. Here's a discussion of the various ways of thinking about drug pricing in the U.S. (e.g., Average Wholesale Price (AWP). You can search using the acronyms if you're curious: https://www.rjhealth.com/2019/07/31/drug-pricing-101-reimbursement-rj-health-methodologies-drug-claims-code-level-unit-level-hcpcs-ndc/ https://www.rjhealth.com/2019/07/31/drug-pricing-101-reimbur...