- Study: Skin care drug prices up 401 percent since 2009 Updated: Nov-26-15 10:56 am
WASHINGTON - The cost of prescription skin treatments has skyrocketed since 2009, as the burden of escalating drug prices increasingly weighs on family budgets.
- Turing reneges on drug price cut, rival's version sells well Updated: Nov-26-15 8:49 am
TRENTON, New Jersey - After weeks of criticism from patients, doctors and other drugmakers for hiking a life-saving medicine's price more than fifty-fold, Turing Pharmaceuticals is reneging on its pledge to cut the $750-per-pill price.
- Cities can buy overdose reversal drug at discounted rate Updated: Nov-25-15 6:25 pm
BOSTON - Massachusetts cities and towns can begin purchasing the overdose reversal drug naloxone at a discounted rate.
- NY declares victory in Alzheimer's drug antitrust lawsuit Updated: Nov-25-15 2:20 pm
ALBANY, New York - New York's attorney general is dropping an antitrust lawsuit against a drug manufacturer after his office blocked what he alleged was an attempt to force Alzheimer's patients to switch to a newer patented drug instead of cheaper generic alternatives.
- $160B deal to combine Pfizer and Allergan raises outcry Updated: Nov-23-15 4:57 pm
A $160 billion deal announced Monday to merge Pfizer and Allergan and create the world's biggest drug company renewed the outcry in Washington over "inversions," in which U.S. corporations combine with companies overseas to lower their tax bill.
- Swing state Colorado mulls universal health care proposal Updated: Nov-22-15 12:19 pm
DENVER - A new plan for government-run health care that covers everyone is coming from a surprising corner: Colorado, a politically moderate swing state where Republicans and Democrats often share control of state government.
- New $710-a-day drug saves lives but strains state budgets Updated: Nov-22-15 10:21 am
MONTPELIER, Vermont - A newly approved drug is being hailed as a major advance in treatment of cystic fibrosis, a life-threatening genetic disease that clogs the lungs with mucus and forces patients to struggle to breathe. But it comes with a punishing price tag - about $710 per patient per day.
- Experts foresee big premium increases for Medicare drug plan Updated: Nov-22-15 9:52 am
WASHINGTON - With time running out on open enrollment season, many seniors are facing sharply higher premiums for Medicare's popular prescription drug program. The reason: rising drug costs have overtaken a long stretch of stable premiums.
- Obama administration sets stage for a debate on drug costs Updated: Nov-20-15 1:54 pm
WASHINGTON - The Obama administration set the stage Friday for a national debate on the rising cost of prescription drugs, a pressing issue for voters but one that's unlikely to see quick solutions under a lame-duck president facing an opposition Congress.
- Correction: AMA-Ad Ban story Updated: Nov-18-15 12:14 pm
CHICAGO - In a story Nov. 17 about the American Medical Association calling for a ban on direct-to-consumer prescription drug ads, The Associated Press misidentified PhRMA spokeswoman Tina Stow as Trish Stow. A corrected version of the story is below.
- Insurance department discusses health care costs trends Updated: Nov-06-15 9:10 pm
CONCORD, New Hampshire - Health insurance premiums in New Hampshire increased relatively little for small and large businesses in 2014, while rates in the individual market went up significantly more, according to state-hired consultants.
- Big bump coming for MinnesotaCare users Updated: Nov-06-15 5:12 pm
ST. PAUL, Minnesota - Tens of thousands of low-income residents on one of Minnesota's subsidized health care programs will see a hefty jump in many out-of-pocket costs next year - a likely surprise to those enrollees, who received notices earlier this fall suggesting the costs would remain the same.
- Feds worry that low-income people may not get hepatitis cure Updated: Nov-05-15 8:03 pm
WASHINGTON - Confronting the consequences of high-priced drugs, the Obama administration Thursday pointedly reminded states that they cannot legally restrict access by low-income people to revolutionary cures for liver-wasting hepatitis C infection.
- Pfizer doubling patient income limit for free drug program Updated: Nov-05-15 5:37 pm
TRENTON, New Jersey - As the furor over soaring U.S. prescription drug prices escalates and outrageous price hikes by several smaller drugmakers give the entire industry a black eye, the biggest U.S.-based drugmaker is expanding financial assistance to patients.
- Job creator or job killer? A look at the Pacific trade deal. Updated: Nov-05-15 4:46 pm
WASHINGTON - The sweeping Pacific Rim trade deal now being debated would cover everything from Vietnamese labor unions to copyright protections to trade in sockeye salmon. With the details having been released Thursday, a furious dispute is expected in the United States and some of the 11 other countries that negotiated it.
- Senate panel summons price-hiking CEO of Turing Pharma Updated: Nov-04-15 4:19 pm
WASHINGTON - A Senate committee has launched an investigation into exorbitant drug price hikes by Turing Pharmaceuticals and three other companies, responding to public anxiety over rising prices for critical medicines.
- Michigan insurance prices up slightly under health care law Updated: Nov-01-15 3:11 am
DETROIT - Many Michigan consumers will pay modestly more for health insurance - with an average increase well below the national average - entering the third year of President Barack Obama's health care law.
- Riverside County settles on inmate health care, cost unclear Updated: Oct-31-15 3:08 pm
RIVERSIDE, California - Riverside County will add staff and use telemedicine in its five jails to settle a federal lawsuit that alleged serious lapses in medical and mental health care.
- Valeant cutting ties with Philidor Updated: Oct-30-15 5:23 pm
NEW YORK - Valeant Pharmaceuticals, a company that has come under intense scrutiny for its drug prices, has cut ties with Philidor following accusations that it was a "phantom pharmacy" used solely to artificially boost sales.
- Blue Cross program helps to reduce costs, hospital stays Updated: Oct-30-15 4:56 am
NEW ORLEANS - A Blue Cross and Blue Shield of Louisiana program focused on getting chronic diseases under control has lowered costs for patients.
- Cost of insurance under health care law likely to drop Updated: Oct-29-15 5:31 pm
INDIANAPOLIS - Many Indiana consumers who get their health insurance through the federal health care law can expect to pay less in the coming year, according to estimates from the U.S. Department of Health and Human Services.
- Pfizer, Allergan in deal talks to create drug giant Updated: Oct-29-15 5:19 pm
TRENTON, New Jersey - Pfizer and Botox maker Allergan are discussing a potential deal that could be the biggest of 2015, a year marked by a rapid-fire pace of megadeals, particularly in health care.
- More dentists, patients turning to discount planes Updated: Oct-29-15 3:49 pm
BEND, Oregon - No matter how well people take care of their teeth, things start to fall apart in old age.