The cost of insulin has been kept artificially high for millions of Americans because drug manufacturers and middlemen work together to maximize their profits, a new bipartisan investigation shows.
This maneuvering around the growing price tag for medicine needed by diabetics to combat America s No. 7 killer represents a microcosm of the reasons prescription drugs cost so much in the U.S.
It also demonstrates one of the consequences of growing consolidation within American health care, a trend The Dispatch is investigating.
“Insulin is Exhibit A of why America’s drug pricing system is broken from top to bottom, said U.S. Sen. Ron Wyden in a statement to The Dispatch/USA TODAY Network. Our bipartisan report reveals how large corporations benefit from high prices while consumers and taxpayers foot the bill.”
Pharmacy orgs commend Biden s COVID-19 plan to activate pharmacies drugstorenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drugstorenews.com Daily Mail and Mail on Sunday newspapers.
Lisa Baertlein, Deena Beasley
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LOS ANGELES, Jan 15 (Reuters) - A former Arkansas health official is sounding alarms about the pace of coronavirus vaccines being administered to residents of long-term care facilities under a U.S. plan that puts major pharmacy chains CVS and Walgreens in charge of many of the shots.
Fewer than 10% of doses allocated to those Arkansas seniors have been administered, according to the state health department. The two pharmacies are working with about 40% of the state’s facilities. Some of those were told that they were scheduled for February or March, said Dr. Joe Thompson, former Arkansas surgeon general and chief executive of the Arkansas Center for Health Improvement
A former Arkansas health official is sounding alarms about the pace of coronavirus vaccines being administered to residents of long-term care facilities under a U.S. plan that puts major pharmacy chains CVS and Walgreens in charge of many of the shots.
TEDx Event Celebrates Role of Pharmacists During COVID-19 Pandemic pharmacytimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pharmacytimes.com Daily Mail and Mail on Sunday newspapers.