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EXPLAINED: Stacie dusetzina - The Real Truth

Drug prices have declined sharply, and Trump is taking credit. The reason behind the drop is complex

President Donald Trump has been promoting new data showing U.S. prescription drug prices fell 0.8% in July and are down 3.1% from a year ago

The Independent UK

Trump shows off article on lower drug prices that says Biden deserves credit, not him

US president credits himself with lowest drug prices in 60 years, when article says drop is more likely due to Biden

The Guardian - US

Pfizer agrees to lower prescription drug costs for Medicaid

Under the deal, New York-based Pfizer will charge most-favoured-nation pricing to Medicaid and guarantee that pricing on newly launched drugs, Trump said. That involves matching the lowest price offered in other developed nations.

Euronews

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Supplies of high-demand obesity drugs are improving – but they’re not easier to get

‘There are a lot of people right now who want access to the medication and can’t get it’

The Independent UK

Who should, and shouldn’t, sign up for the new Medicare Prescription Payment Plan

Medicare’s Plan Finder also has a new tool to help you determine whether M3P would help you.

Fortune

Eli Lilly plans to slash prices of some older insulins, expand cost cap

Lawmakers and patient advocates have been pressuring drugmakers to take action on soaring drug prices.

Chicago Sun-Times

Eli Lilly cuts the price of insulin, capping drug at $35 per month out-of-pocket

The moves announced Wednesday promise critical relief to some people with diabetes who can face annual costs of more than $1,000 for insulin they need in order to live.

WEKU

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Lilly plans to slash some insulin prices, expand cost cap

Eli Lilly will cut prices for some older insulins later this year and immediately expand a cap on costs insured patients pay when they fill prescriptions

The Independent UK

Your money or your life: Patient on $50,000-a-week cancer drug fears leaving behind huge medical debt

After several rounds of treatment for a rare eye cancer — weekly drug infusions that could cost nearly $50,000 each — Paul Davis learned Medicare had abruptly stopped paying the bills.

Tribune News Service

Nearly $50,000 a week for a cancer drug? A man worries about bankrupting his family

Medicare suddenly stopped paying for the pricey drug that prolongs his life. As he waits for an appeal, this retired physician wonders if he should give up treatment to spare his family the cost.

WEKU

Medicare surprise: Drug plan prices touted during open enrollment can rise within a month

Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January.

Tribune News Service

Drug plan prices touted during Medicare open enrollment can rise within a month

Even the savviest Medicare drug plan shoppers can get a shock when they fill prescriptions: That great deal on medications in fall is no bargain after prices go up as much as 8% by winter.

People

Chiquita BrooksLaSure

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American Diabetes Association

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