News Headlines Article

Why prescription drug list prices matter
Modern Healthcare

Questioning drug company CEOs last week, Sens. Charles Grassley and Ron Wyden hammered away at the importance of high list prices for prescription drugs, while the CEOs testifying before the Senate Finance Committee mostly tried to change the subject.

But Grassley (R-Iowa) and Wyden (D-Ore.) were right that list prices matter a lot. Medicare Part D drug plan enrollees and a growing number of commercially insured patients pay a percentage of the list price for drugs under their health plans’ coinsurance designs.

Commands