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The Biden initiative marks a turning point in a long-fought battle to control ever-rising drug prices.
The days of Americans paying far more for prescription drugs are ending, said President Biden.
In the 1980s, AZT was labeled the most expensive drug in history at $8,000 annually. Now, scores of drugs cost more than $50,000 a year.
Some hospitals are still falling short of a law that went into effect in 2021 requiring them to publicly post their prices.
Patients are tired of shocking medical bills they didn’t expect and can’t afford.
Some insurers bypass hospital pharmacies and physician offices, shifting who gets to buy and bill for medications like chemotherapy drugs.
The request comes after more than 1 million enrollees were dropped, largely due to red tape.
Countless Americans are unjustly being forced to pay out-of-pocket or, faced with that prospect, forgoing needed medical help.
Do they tackle drugs with extremely high costs taken by a handful of patients, or drugs with merely very high costs taken by a larger group?
After years of thundering against drugmakers, legislators have now focused on regulating the deal-makers known as pharmacy benefit managers.
Record enrollment brought more consumers into the market while many insurers began offering smaller networks of doctors and hospitals.
Insurers now commonly require prior authorization for many mundane medical encounters, including basic imaging and prescription refills.
Advocates are pressing the IRS to crack down on nonprofit hospital systems that withhold financial assistance from low-income patients.
Patients saved as much as $222 per telehealth visit during the COVID pandemic.
People who are injured or sick are asked, in a moment of stress, to prudently decide which medical setting is the best place to seek help.
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