Why do Pharmaceutical Companies hate PBMs so much?
You may have been hearing a lot about Pharmacy Benefit Managers (PBMs) recently. That’s because the pharmaceutical industry needs to point the finger at someone for the rising cost of drugs and has decided PBMs make a convenient scapegoat for the rising price of drugs in America. And to their credit, they are doing a great job of getting their message out there.
Study Finds Pharma Dollars Directly Linked to Opioid Deaths
Targeted marketing is a strategy companies use to increase sales of a product or service. The theory is that the more times you see or interact with an advertisement, the more likely you are to purchase the advertised product. But what happens when those strategies evolve from pushing electronics, clothes, and appliances? What happens when those strategies start pushing potentially dangerous and habit-forming medications?
Blue Cross NC to Lead Partnership Aimed at Halting Healthcare Cost Increases
A new coordinated healthcare partnership called Blue Premier aims to stop North Carolinians from seeing red over rising costs and inefficient care.
Study Finds the Cost of Lifesaving Drugs Outpacing U.S. Inflation
In June 2017, Alec Raeshawn Smith died alone in his Minnesota apartment. According to his obituary, the cause of death was diabetic ketoacidosis (DKA)—an event that occurs as a result of a shortage of insulin in the body. The 26-year-old Smith was a Type 1 (T1) diabetic who had been rationing his insulin because he couldn’t afford to pay for his own after aging out of his parents’ insurance plan. Smith’s story is all-too-familiar for many Americans who have made the grueling decision to either ration or go without essential medications due to a meteoric rise in prescription drug costs. And now one study from the University of Pittsburgh has concluded the costs of lifesaving drugs—like the insulin Smith required—are rising faster than U.S. inflation rates.
Hope You’re Sitting Down: Hospital Charges $4,700 For A Fainting Spell
By Phil Galewitz for Kaiser Health News Matt Gleason had skipped getting a flu shot for more than a decade. But after suffering a nasty bout of the virus last winter, he decided to get vaccinated at his Charlotte, N.C., workplace in October. “It was super easy and free,” said Gleason, 39, a sales operations analyst.
Widespread Flu Outbreak on Pace to Break Record Numbers in NC
The holiday season may now be behind us, but influenza (flu) season in North America is just ramping up—and North Carolinians should take note.