Publicized drug prices will be meaningless to the average consumer
By Todd Ruppar, opinion contributor — 10/21/18 08:30 AM EDT
Many Americans would likely agree that prescription drug prices are too high. Unfortunately, the Department of Health and Human Services’ recent proposed rule requiring pharmaceutical companies to include drugs’ list prices in advertising is one of those strange cases that may lead to greater information and transparency without much real value to the health-care consumer.
As several news outlets have documented, the list price to be shown in advertisements, according to the proposed rule, would not match the price that most patients would have to pay. That is due to differing prescription drug insurance plans and negotiated arrangements between drug companies and some pharmacy benefit managers.
https://thehill.com/opinion/healthcare/412404-publicized-drug-prices-will-be-meaningless-to-the-average-consumer
