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turbinetree

(24,683 posts)
Wed May 8, 2019, 12:55 PM May 2019

Drugmakers will have to reveal medication prices in TV ads

By RICARDO ALONSO-ZALDIVAR17 minutes ago

WASHINGTON (AP) — Those ever-present TV ads for prescription drugs will soon reveal prices, too, the nation’s top health official said Wednesday, responding to a public outcry for government action to restrain medication costs.

Health and Human Services Secretary Alex Azar said the Trump administration has finalized regulations that will require drug companies to disclose list prices of medications costing more than $35 for a month’s supply.

“What I say to the companies is if you think the cost of your drug will scare people from buying your drugs, then lower your prices,” Azar said. “Transparency for American patients is here.”

Drug companies responded that adding prices to their commercials could unintentionally harm patients. “We are concerned that the administration’s rule requiring list prices in direct-to-consumer television advertising could be confusing for patients and may discourage them from seeking needed medical care,” said a statement from the Pharmaceutical Research and Manufacturers of America, the main trade group.

https://apnews.com/c58c22765603411781a30fa5ecff18b1


Hey Azar, your full of shit, why didn't you tell these drug makers and the insurances companies how much it would cost if everyone had Medicare costs against the private for profit drug and insurance companies.......................there is big difference....................

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