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Drugmakers raise US prices on 350 medicines despite pressure

85 pointsby JumpCrisscrosstoday at 2:51 PM82 commentsview on HN

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vjvjvjvjghvtoday at 3:41 PM

"Rome said the companies seem to be maximizing prices while negotiating discounts behind the scenes with health and drug insurers and then setting yet another price for direct-to-consumer cash-pay sales."

This describes the biggest problem in US healthcare. No clear and consistent pricing. If we had a real market, you would get a prescription and then go to the seller with the lowest price. And everybody would get the same price. This whole business with PBMs that are owned by the insurance companies, discount cards and other shenanigans just invites corruption.

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mattmaroontoday at 4:57 PM

Hmm, I heard they’re down 1500%.

bediger4000today at 3:18 PM

But of a paywall there, can't tell if raw materials and precursors are costing more, or R&D spend is up, or employee wages and salaries have risen. Those are usually the "pressures" on prices. I can't understand what or who might be applying "pressure" to lower prices on oligopolistic pharmaceutical makers.

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begueradjtoday at 4:20 PM

> Drugmakers plan to raise U.S. prices on at least 350 branded medications including vaccines against COVID, RSV and shingles and blockbuster cancer treatment Ibrance, even as the Trump administration pressures them for cuts

Few days ago, Donald Trump pressured Emmanuel Macron to raise the prices of all medicines. The pressure was made with unspoken threats according to several mainstream French media such as this one [1].

[1]: https://www.tf1info.fr/international/trump-se-vante-d-avoir-...

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ck2today at 3:54 PM

Why is the supreme-court slow-walking the tariff decision which is crystal clear as lower courts clearly demonstrate only Congress can set taxes/tariffs?

It would end inflation within 90 days

Even their silly 15% tariff fallback law abuse would be more sane than the 50-150% currently

Next few years is going to be insanity

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