Our population is aging and more people than ever are taking prescription drugs, contributing to the rising costs of health care. Consumers, insurance companies, and governments are all helping to
It was four days before Christmas when a major, multimillion-dollar settlement was announced in a California healthcare fraud whistleblower lawsuit involving alleged kickbacks and other incentives to doctors in exchange
Generic drugs, normally a bargain alternative to name-brand pharmaceuticals, are providing some sticker shock of their own. Prices of generic drugs rose more steeply than inflation for 22 percent of
A small team of drug industry veterans in Grafton, MA, has launched a nonprofit startup to make affordable generic medicines to treat critical diseases. “We want to create a competitor
Doctors at the Cleveland Clinic say that sudden price hikes on just two generic drugs Isuprel and Nitropresssold by Valeant Pharmaceuticals have increased the health system’s total drug costs by
When fighting a certain illness, what kind of medicine are you going to buy? Will you go for a branded one? Will you go for the cheaper generic alternative? There
mericans spend much more than people in most other countries on prescribed drugs. That’s one finding in a new report, Health at a Glance 2015, from the Organisation for Economic
Brand-name drugs may offer more value, but not in the way you’d expect, a new study from New Zealand suggests. The research finds that placebo painkillers labeled with a brand
The U.S. health care system saved a record $254 billion dollars in 2014 from generic drugs, which amounts to $1.68 trillion over the most recent decade (2005-2014), according to the
Pharmacist Narender Dhallan winces as he looks at a computer screen in his drugstore on a recent morning. For the second time in two hours, he has to decide whether
