Here’s What You Need To Know About The Lower Costs, More Transparency Act

A House vote on transparency regulations in healthcare could occur next week, potentially having substantial ramifications on how PBMs and hospitals operate.

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Thousands Face Higher Medical Costs After Rift Between Two California Health Care Giants

Thousands of Californians may have to pay out-of-network medical costs to go to their nearest hospital after contract negotiations between Adventist Health and Blue Shield of California — a major health care provider and health insurer in the state, respectively — fell through last week.

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Medicare Bills Pass House Committee: 3 Things To Know

The House Energy and Commerce Committee advanced 19 pieces of legislation Dec. 7, including bills aimed at increasing Medicare Advantage transparency. Three Medicare-related bills to note

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Biden’s Pharma Fix: New ‘March-In’ Rule Allows HHS To Seize Patents Of Pricey Drugs

Pres. Biden’s administration on Thursday unveiled a new framework allowing authorities the right to seize certain drug patents and license them to other manufacturers in order to lower drug prices.

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Targeting Costly Meds, Biden Admin Asserts Authority To Seize Certain Drug Patents

The Biden administration has determined that it has the authority to seize the patents of certain high-priced medicines, a move that could open the door to a more aggressive federal campaign to slash drug prices. The determination, which was described by three people familiar with the matter, represents the culmination of a nearly nine-month review of ...

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CVS’ Drug Price Revamp May Not Help Consumers Much

CVS Pharmacy is promising to make its drug pricing system simpler and more transparent. But that may not translate into lower costs or more clarity for consumers. The company announced Tuesday that its new CVS CostVantage model will revamp how its pharmacies are paid for prescription medications. It will use a formula that includes “the cost of ...

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