Price gouging
A term referring to when a seller spikes the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, and is considered exploitative, potentially to an unethical extent. #insulin4all
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Evergreening Strategy by which producers with patents over products that are about to expire retain royalties from them, by either taking out new patents, or by buying out or competitors, for longer periods of time than would normally be permissible under the law.
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Greed An overwhelming urge to have more of something, usually more than you really need. Greed is often connected with money, a desire to acquire as much of it as possible.
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PBMs Pharmacy benefit managers are companies that manage prescription drug benefits on behalf of health insurers, Medicare Part D drug plans, large employers, and other payers. PBMs have faced growing scrutiny about their role in rising prescription drug costs and spending.
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The Big Three Eli Lilly, Novo Nordisk, and Sanofi, the three insulin manufacturers that control more than 90% of the global insulin market.
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Pay-for-Delay Agreements These agreements occur when the brand-name pharmaceutical companies pay generic manufacturers to delay entering their cheaper, generic versions of the drug to the market, in order to prevent costly patent lawsuits.
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Oligopoly A state of limited competition, in which a market is shared by a small number of producers or sellers. See also: ‘The Big Three’
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Cartel An association of manufacturers or suppliers with the purpose of maintaining prices at a high level and restriction competition (see: The Big Three
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List price The initial cost of a medication set by a drug manufacturer. Example: the list price of 1 vial of analog insulin the the U.S. is around $300. If you have health insurance, you may pay less, depending on your copay or deductible.
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Kraj razgovora
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Generic Lispro is now available but hard to find coverage. I switched my Medicare to an HMO and now getting 2 vials a month for $45. Last year I literally subsisted on sample handouts from my endocrinologist.
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The funny thing about lispro is that it’s hard to find. Our previous chapter leader drove all around AZ trying to find it. Wasn’t available anywhere and she couldn’t order it. Warren also found 83% of pharmacies don’t carry it and 69% could not order it.https://www.warren.senate.gov/oversight/reports/senators-warren-and-blumenthal-release-investigation-revealing-diabetes-patients-lack-of-access-to-lower-priced-insulin …
- Još 3 druga odgovora
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Čini se da učitavanje traje već neko vrijeme.
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