Latest Prescription drug costs News

House Speaker Nancy Pelosi of Calif., speaks at a news conference on Capitol Hill in Washington, Friday, June 26, 2020. (AP Photo/Carolyn Kaster)

Dems push campaign-season health care bill through House

Jun. 29, 2020 5:56 PM EDT

WASHINGTON (AP) — Democrats pushed a package expanding “Obamacare” coverage through the House on Monday, a measure that's doomed to advance no further but spotlights how the coronavirus pandemic and President Donald Trump's efforts to obliterate that law have fortified health care's potency...

FILE - This is an April 30, 2020, file photo showing Gilead Sciences headquarters in Foster City, Calif. The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. Gilead Sciences announced the price Monday, June 29 for remdesivir, and said the price would be $3,120 for patients with private insurance. It will sell for far less in poorer countries where generic drugmakers are being allowed to make it. (AP Photo/Ben Margot, File)

Gilead's $2,340 price for coronavirus drug draws criticism

Jun. 29, 2020 11:55 AM EDT

The maker of a drug shown to shorten recovery time for severely ill COVID-19 patients says it will charge $2,340 for a typical treatment course for people covered by government health programs in the United States and other developed countries. Gilead Sciences announced the price Monday for remdesivir, and said...

Members of the South Korean military band wearing face masks to help protect against the spread of the new coronavirus cross a road during an event to commemorate the upcoming 70th anniversary of the Korean War, in Seoul, South Korea, Monday, June 15, 2020. (AP Photo/Ahn Young-joon)

The Latest: Coronavirus still spreading in 2nd S Korea wave

Jun. 18, 2020 11:30 PM EDT

SEOUL, South Korea — The coronavirus continues to spread in South Korea, particularly in the densely populated Seoul metropolitan region, which is home to half the country’s 51 million people. The Korea Centers for Disease Control and Prevention reported 49 new cases for the nation Friday, with 26...

FILE - In this June 15, 2018 photo, pharmaceuticals are seen in North Andover, Mass. In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads. (AP Photo/Elise Amendola, File)

Court strikes down Trump rule that drugmakers disclose price

Jun. 17, 2020 5:06 PM EDT

WASHINGTON (AP) — In a major legal setback for President Donald Trump on a high-profile consumer issue, a federal appeals court has ruled that his administration lacks the legal authority to force drug companies to disclose prices in their TV ads. The ruling denies Trump an easy-to-understand win on a...

Packages of Dexamethasone are displayed in a pharmacy, Tuesday, June 16, 2020,  in Omaha, Neb. Researchers in England said Tuesday they have the first evidence that the drug can improve COVID-19 survival. The cheap, widely available steroid called dexamethasone reduced deaths by up to one third in severely ill hospitalized patients. (AP Photo/Nati Harnik)

Cheap drug is first shown to improve COVID-19 survival

Jun. 16, 2020 3:59 PM EDT

Researchers in England say they have the first evidence that a drug can improve COVID-19 survival: A cheap, widely available steroid reduced deaths by up to one third in severely ill hospitalized patients. The results were announced Tuesday and the British government immediately authorized the drug's use across...

President Donald Trump answers questions from reporters during an event on protecting seniors with diabetes in the Rose Garden White House, Tuesday, May 26, 2020, in Washington. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump spars with Twitter on voting, protests

Jun. 1, 2020 2:10 AM EDT

WASHINGTON (AP) — President Donald Trump and Twitter tangled over truth and consequences this past week as the social media giant flagged the president's tweets for spreading false information and potentially inciting violence. The episode left Trump fuming and threatening reprisals against the platform he...

President Donald Trump speaks in the Rose Garden of the White House, Friday, May 29, 2020, in Washington. From left with Trump are, White House trade adviser Peter Navarro, White House national security adviser Robert O'Brien, Secretary of State Mike Pompeo, Treasury Secretary Steven Mnuchin, U.S. Trade Representative Robert Lighthizer and White House chief economic adviser Larry Kudlow. (AP Photo/Alex Brandon)

AP FACT CHECK: Trump vs. Twitter on truth and consequences

May. 30, 2020 9:23 AM EDT

WASHINGTON (AP) — President Donald Trump and Twitter tangled over truth and consequences this past week as the social media giant flagged the president's tweets for spreading false information and potentially inciting violence. The episode left Trump fuming and threatening reprisals against the platform he...

This microscope image made available by the National Cancer Institute Center for Cancer Research in 2015 shows human colon cancer cells with the nuclei stained red. On Friday, May 29, 2020, doctors are reporting success with newer drugs that control certain types of cancer better, reduce the risk it will come back and make treatment simpler and easier to bear. (NCI Center for Cancer Research via AP)

New drugs make headway against lung, prostate, colon cancers

May. 29, 2020 8:33 AM EDT

Doctors are reporting success with newer drugs that control certain types of cancer better, reduce the risk it will come back and make treatment simpler and easier to bear. Gentler drugs would be a relief to patients like Jenn Carroll, a 57-year-old human resources director from New Hartford, Connecticut, who...

President Donald Trump answers questions from reporters during an event on protecting seniors with diabetes in the Rose Garden White House, Tuesday, May 26, 2020, in Washington. (AP Photo/Evan Vucci)

AP FACT CHECK: Trump falsely blames Obama for pricey drugs

May. 27, 2020 2:55 PM EDT

WASHINGTON (AP) — President Donald Trump tangled the facts when he asserted Tuesday at a White House Rose Garden event that “Obamacare” raised prescription drug costs for older people — the opposite is true. Trump also misfired by taunting Democratic presidential rival Joe Biden for...

FILE - In this Feb. 13, 2020, file photo, The Official U.S. Government Medicare Handbook for 2020 over pages of a Department of Health and Human Services, Office of the Inspector General report, are shown in Washington. The Trump administration says most people with Medicare will have access to prescription plans next year that limit copays for insulin to a maximum of $35 a month. Tuesday's announcement comes as President Donald Trump returns to the issue of drug prices to woo older people whose votes will be critical to his reelection prospects. (AP Photos/Wayne Partlow, File)

Most Medicare enrollees could get insulin for $35 a month

May. 26, 2020 6:01 PM EDT

WASHINGTON (AP) — Many Medicare recipients could pay less for insulin next year under a deal President Donald Trump announced Tuesday in a pivot to pocketbook issues important in November's election. “I hope the seniors are going to remember it,” Trump said at a Rose Garden ceremony, joined...