Latest Prescription drug costs News

Massachusetts Senate to debate prescription drug price bill

Nov. 10, 2019 9:20 AM EST

BOSTON (AP) — The Massachusetts Senate is set to debate legislation that Democratic leaders say will address the soaring cost of prescription drugs. This legislation would create a process to help identify drug price thresholds that supporters of the bill say pose a public health risk. The bill would also...

Medicare's outpatient 'Part B' premium going up to $144.60

Nov. 8, 2019 5:48 PM EST

WASHINGTON (AP) — Medicare's "Part B" premium for outpatient care will rise by nearly 7% to $144.60 a month next year, officials said Friday. They blamed rising spending on medications. The $9.10 monthly increase follows a smaller $1.50 rise this year. It comes after Social Security announced a modest...

White House and Pelosi part ways on relief for drug prices

Nov. 5, 2019 5:01 PM EST

WASHINGTON (AP) — The White House on Tuesday signaled President Donald Trump's blunt thumbs-down to House Speaker Nancy Pelosi's plan allowing Medicare to negotiate drug prices. Her office's sharp retort: "Working people won't like it if he sells them out." Despite the House impeachment inquiry, the White...

1 in 2 seriously ill Medicare enrollees struggles with bills

Nov. 4, 2019 4:04 PM EST

WASHINGTON (AP) — More than half of seriously ill Medicare enrollees face financial hardships with medical bills, with prescription drug costs the leading problem, according to a study published Monday. The study in the journal Health Affairs comes as legislation to curb drug costs for seniors languishes...

Bill aims to make generic drugs more affordable for seniors

Oct. 30, 2019 3:52 PM EDT

CONCORD, N.H. (AP) — U.S. Reps. Annie Kuster of New Hampshire and David McKinley of West Virginia have introduced a bill to make generic drugs more affordable for seniors. Kuster, a Democrat, and McKinley, a Republican, said Wednesday that last year, low-cost generic medications saved Medicare patients...

Michigan bill would curb pre-approval rules in health care

Oct. 26, 2019 4:15 AM EDT

LANSING, Mich. (AP) — Fed-up doctors and health advocates want Michigan lawmakers to curb insurers' cost-control methods they say are delaying care, frustrating patients, and creating unnecessary red tape and expense for providers. Physicians say the requirement to get pre-approval from insurance companies...

Pelosi's prescription for high drug prices clears committee

Oct. 22, 2019 10:15 PM EDT

WASHINGTON (AP) — A powerful House panel has approved House Speaker Nancy Pelosi's legislation to lower prescription drug prices for seniors and working-age people. The Ways and Means committee voted Tuesday along party lines, moving the bill closer to floor action. It fulfills a long-sought Democratic...

Editorials from around Ohio

Oct. 22, 2019 9:57 AM EDT

Recent editorials of statewide and national interest from Ohio newspapers: Ohio pipeline protest bill threatens to shut down free speech The Columbus Dispatch Oct. 19 The Ohio House of Representatives should stand up for civil rights and stand up to corporate interests that want to make protesting a crime in...

Democrats target prescription drug affordability, access

Oct. 20, 2019 1:43 PM EDT

CONCORD, N.H. (AP) — Democrats in the New Hampshire Senate are working on a package of bills aimed at making prescription drugs more affordable and accessible. Lawmakers say the measures will allow the importation of low-cost medications from Canada and will expand drug pricing transparency. Other bills...

Pelosi moves on drug prices despite falling-out with Trump

Oct. 17, 2019 8:11 PM EDT

WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump. The nonpartisan Congressional Budget Office has estimated the...