By the time drug enforcement agents swooped into his small medical office in Martinsville, Virginia, in 2017, Dr. Joel Smithers had prescribed about a half a million doses of highly addictive opioids in two years. Interested in Opioid Epidemic? Patients from five states drove hundreds of miles to see him, spending up to 16 hours […]
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How Eli Lilly’s new generic insulin could impact prices across the market
This story is from Kaiser Health News When Erin Gilmer filled her insulin prescription at a Denver-area Walgreens in January, she paid $8.50. U.S. taxpayers paid another $280.51. “It eats at me to know that taxpayer money is being wasted,” said Gilmer, who has Medicare and was diagnosed with Type 1 diabetes while a sophomore […]
Costs of lifesaving drugs rising faster than inflation: Study
Prescription drug prices are rising much faster than inflation rates in the United States, and patients who need life-saving medications are suffering the consequences – sometimes fatally. Newer, safer products entering the market are one reason that costs are going up, but they’re not the only one. Drug companies are also inflating the price of […]