Latest Prescription drug costs News

FILE - In this Aug. 4, 2017, file photo, Martin Shkreli leaves federal court in New York while on trial for deceiving investors in a pair of failed hedge funds. On Monday, Jan. 27, 2020, New York state and federal authorities sued the imprisoned Shkreli, also known as

NY, feds sue 'Pharma Bro' for 'scheme' to keep drug price up

Jan. 27, 2020 8:28 PM EST

NEW YORK (AP) — State and federal authorities sued imprisoned entrepreneur Martin Shkreli on Monday over tactics that shielded a profitable drug from competition after a price hike made the so-called “Pharma Bro” infamous. Shkreli was scorned as the bad-boy face of pharmaceuticals...

Britain's Prime Minister Boris Johnson leaves 10 Downing Street to attend the weekley session of Prime Ministers Questions in Parliament in London, Wednesday, Jan. 22, 2020. (AP Photo/Kirsty Wigglesworth)

Next stop, Brexit: Britain's EU divorce bill becomes law

Jan. 23, 2020 1:22 PM EST

LONDON (AP) — Britain’s delayed and disputed Brexit bill became law on Thursday, removing the last U.K. obstacle to the country leaving the European Union in just over a week. The U.K. is finally leaving the 28-nation bloc more than 3 1/2 years after voters narrowly opted to do so in a June 2016...

Sajid Javid, Britain's Chancellor of the Exchequer, pictured during the 50th annual meeting of the World Economic Forum, WEF, in Davos, Switzerland, Wednesday, Jan. 22, 2020.  (Gian Ehrenzeller/Keystone via AP)

High hopes: US, EU and UK all aim for trade deals this year

Jan. 23, 2020 10:36 AM EST

DAVOS, Switzerland (AP) — The United States, the European Union and what will soon be post-Brexit Britain have all raised the prospect of concluding trade deals between themselves by the end of this year, setting up an intense few months of negotiations. High-level representatives said Thursday at the...

This Oct. 21, 2019, photo shows Johnson's Baby Aloe & Vitamin E Powder in Salt Lake City. Johnson & Johnson reports financial results Wednesday, Jan. 22, 2020. (AP Photo/Rick Bowmer)

Johnson & Johnson posts higher sales, big 4Q profit jump

Jan. 22, 2020 10:46 AM EST

Higher prescription drug sales and lower legal costs drove Johnson & Johnson's fourth-quarter profit 32% higher. The world's biggest maker of health care products on Wednesday reported net income of $4.01 billion, or $1.50 per share. That's up from $3.04 billion, or $1.12, a year earlier. Adjusted earnings...

Rep. Danny Bentley speaks at a press conference on Wednesday, Jan. 15, 2020, in Frankfort, Ky., to promote a bill aimed at curbing insulin costs in Kentucky. Bentley is lead sponsor of the bill, which would cap out-of-pocket costs for a 30-day supply of insulin at $100 for many diabetics.  (AP Photo/Bruce Schreiner)

Lawmakers promote bill to cap out-of-pocket insulin costs

Jan. 15, 2020 4:03 PM EST

FRANKFORT, Ky. (AP) — Retired librarian Kaye Peterson sometimes has to dip into her savings to help pay for her insulin and other prescriptions stemming from her long battle with diabetes. She made a pitch Wednesday for legislation backed by a bipartisan group of Kentucky lawmakers that would cap...

FILE - In this Dec. 4, 2017 file photo, a person looks over a health insurance benefit comparison chart in Georgia. The new year often starts harshly for people with high-deductible health insurance. Many of those deductibles reset Jan. 1, forcing patients to pay thousands of dollars for care before most coverage starts. (AP Photo/David Goldman, File)

On the Money: Confronting fresh health insurance deductibles

Jan. 15, 2020 12:26 PM EST

The new year often starts harshly for people with high-deductible health insurance. Many deductibles reset Jan. 1, forcing patients to pay thousands of dollars for care or prescriptions before most insurance coverage starts. Such a financial hit can be brutal for patients with cancer or a chronic condition, some...

The Latest: Democratic debate ends with talk of hope for '20

Jan. 14, 2020 11:30 PM EST

DES MOINES, Iowa (AP) — The Latest on the January Democratic presidential debate (all times local): 10:25 p.m. Six Democratic presidential candidates have wrapped up their final debate before primary voting begins with talk of hope, defeating President Donald Trump and bringing a divided nation back...

Text of Kentucky Gov. Beshear's State of Commonwealth speech

Jan. 14, 2020 7:43 PM EST

The prepared text of Kentucky Gov. Andy Beshear's first State of the Commonwealth address, delivered Tuesday evening to lawmakers. Mr. President, Mr. Speaker, Members of the General Assembly, Lt. Governor Coleman and Chris O’Bryan, constitutional officers, our Kentucky Supreme Court, invited guests,...

California Gov. Gavin Newsom gestures toward a chart showing the growth of the state's rainy day fund as he discusses his proposed 2020-2021 state budget during a news conference in Sacramento, Calif., Friday, Jan. 10, 2020.. (AP Photo/Rich Pedroncelli)

California budget plan aids teachers, those in US illegally

Jan. 10, 2020 8:54 PM EST

SACRAMENTO, Calif. (AP) — California's governor revealed a spending plan on Friday that puts a new tax on vaping, gives $20,000 to teachers who commit to working in high-needs schools and gives taxpayer-funded health benefits to older adults living in the country illegally. Gov. Gavin Newsom's $222 billion...

FILE - In this July 23, 2019, file photo, Gov. Gavin Newsom talks to reporters at his Capitol office, in Sacramento, Calif. California could become the first state with its own prescription drug label. Newsom announced Thursday, Jan. 9, 2020, he wants California to contract with generic drug companies to make prescription medications on behalf of the state so it can sell them to the public. He said the goal is to lower prices by increasing competition in the generic market. State lawmakers must approve the plan before it can take effect. (AP Photo/Rich Pedroncelli, File)

California could be 1st state to sell own prescription drugs

Jan. 9, 2020 8:40 PM EST

SACRAMENTO, Calif. (AP) — California could become the first state to make its own prescription drugs under a proposal announced Thursday by Gov. Gavin Newsom, who says it would “take the power out of the hands of greedy pharmaceutical companies." The Democratic governor wants the nation's most...