Unbiased Analysis of Today's Healthcare Issues

How much money do drug companies get for their drugs?

Let’s say a you fill a 30-day prescription and the list price of the drug is $100.  Let’s say that you pay a $10 copay and your insurer pays $90.  What share of this $100, does the drug company receive. Most people would guess pretty close to $100, but a recent report by Aaron Vandervelde and […]

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Medicaid Pays less for Drugs than Medicare

How does it do this?  Through the Medicaid Drug Rebate Program.  Medicaid.gov explains: The Medicaid Drug Rebate Program is a partnership between CMS, State Medicaid Agencies, and participating drug manufacturers that helps to offset the Federal and State costs of most outpatient prescription drugs dispensed to Medicaid patients. Approximately 600 drug manufacturers currently participate in […]

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