{"id":9263,"date":"2018-10-26T18:12:40","date_gmt":"2018-10-26T18:12:40","guid":{"rendered":"https:\/\/losfresnosnews.net\/?p=9263"},"modified":"2018-10-26T18:12:40","modified_gmt":"2018-10-26T18:12:40","slug":"federal-drug-price-transparency-proposal-wins-praise","status":"publish","type":"post","link":"https:\/\/losfresnosnews.net\/?p=9263","title":{"rendered":"Federal Drug Price Transparency Proposal Wins Praise"},"content":{"rendered":"<div id=\"attachment_9264\" style=\"width: 610px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-9264\" class=\"size-full wp-image-9264\" src=\"https:\/\/losfresnosnews.net\/wp-content\/uploads\/2018\/10\/gr-64331-1-1.jpg\" alt=\"\" width=\"600\" height=\"450\" srcset=\"https:\/\/losfresnosnews.net\/wp-content\/uploads\/2018\/10\/gr-64331-1-1.jpg 600w, https:\/\/losfresnosnews.net\/wp-content\/uploads\/2018\/10\/gr-64331-1-1-300x225.jpg 300w, https:\/\/losfresnosnews.net\/wp-content\/uploads\/2018\/10\/gr-64331-1-1-405x304.jpg 405w, https:\/\/losfresnosnews.net\/wp-content\/uploads\/2018\/10\/gr-64331-1-1-120x90.jpg 120w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><p id=\"caption-attachment-9264\" class=\"wp-caption-text\">By some estimates, Americans spent $450 billion on prescription drugs in 2016. Photo: Flickr<\/p><\/div>\n<p style=\"text-align: center;\"><strong><em>by Eric Galatas<\/em><\/strong><\/p>\n<p align=\"left\"><strong>AUSTIN, Texas \u2013<\/strong>\u00a0Consumer groups are praising a\u00a0<a href=\"http:\/\/www.federalregister.gov\/public-inspection\/current\" target=\"parent\">proposal<\/a>\u00a0by the Trump administration to require drug companies to put prices in many of their TV ads, but some worry it\u2019s only a pre-election perk designed to attract voters \u2013 one that could be dropped after the midterm election Nov. 6.<\/p>\n<p>The rule, announced by federal health regulators, would apply to drugs offered through Medicare or Medicaid that cost more than $35 per month, or for a course of treatment.<\/p>\n<p>Frederick Isasi, executive director of the advocacy group Families USA, says if finalized, the rule could show people the real cost of some well-known prescription drugs.<\/p>\n<p>\u201cThis is an important step forward, because it gives consumers a sense of the magnitude of the drug,\u201d he explains. \u201cIs this a drug that is going to cost them $30 a month, $300 a month, $3,000 a month, $30,000 or more, helping the American public understand the exorbitant prices being charged by drug companies?\u201d<\/p>\n<p>The plan is opposed by the Pharmaceutical Research and Manufacturers of America. The trade group instead has proposed putting up a website in the spring that discloses drug prices and co-pays.<\/p>\n<p>Isasi says he\u2019d like to see the administration actually negotiate lower prices for consumers rather than hoping transparency will shame drug makers into charging less.<\/p>\n<p>Isasi adds that high drug prices affect everyone, even those who don\u2019t take any medications.<\/p>\n<p>\u201cFor people who may not use pharmaceuticals, what they don\u2019t realize is, if there\u2019s a $3,000-a-month drug that\u2019s being used by patients within their insurance plan, then the cost of that drug gets baked into everyone\u2019s premiums,\u201d he points out.<\/p>\n<p>According to the health care research group Quintiles IMS Institute, Americans spent $450 billion on prescription drugs in 2016 before rebates.<\/p>\n<p>If the administration finalizes the rule, pharmaceutical trade groups say they won\u2019t rule out litigation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Eric Galatas AUSTIN, Texas \u2013\u00a0Consumer groups are praising a\u00a0proposal\u00a0by the Trump administration to require drug companies to put prices in many of their TV ads, but some worry it\u2019s only a pre-election perk designed to attract voters \u2013 one that could be dropped after the midterm election Nov. 6. The rule, announced by federal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":9264,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-9263","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-state"],"_links":{"self":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/9263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9263"}],"version-history":[{"count":1,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/9263\/revisions"}],"predecessor-version":[{"id":9265,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/posts\/9263\/revisions\/9265"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=\/wp\/v2\/media\/9264"}],"wp:attachment":[{"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9263"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/losfresnosnews.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}