this post was submitted on 29 Dec 2023
286 points (100.0% liked)

News

23311 readers
4545 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
 

Drugmakers including Pfizer, Sanofi and Takeda Pharmaceutical plan to raise prices in the United States on more than 500 unique drugs in early January, according to data analyzed by healthcare research firm 3 Axis Advisors.

The expected price hikes come as the pharmaceutical industry gears up for the Biden Administration to publish significantly discounted prices for 10 high-cost drugs in September, and continues to contend with higher inflation and manufacturing costs

Under President Joe Biden’s Inflation Reduction Act (IRA), the government’s Medicare health program can negotiate prices directly for some drugs starting in 2026.

Worries are also growing about fresh disruption to supply chains from a prolonged Middle East conflict, with shippers forced to halt or reroute traffic from the Red Sea, the world’s main East-West trade route.

top 19 comments
sorted by: hot top controversial new old
[–] [email protected] 89 points 10 months ago (3 children)

this country is such a fucking joke

The expected price hikes come as the pharmaceutical industry gears up for the Biden Administration to publish significantly discounted prices for 10 high-cost drugs in September,

yeah i feel so fucking bad for them. is there any breathing human on the continent who thinks this is fair play

[–] [email protected] 19 points 10 months ago

What about the shareholders!!!!!

[–] [email protected] 1 points 10 months ago

The rich fucks that stand to profit are definitely stoked

[–] [email protected] 79 points 10 months ago (3 children)

God forbid we ever get universal healthcare / a single payer system

[–] [email protected] 33 points 10 months ago (1 children)

Or allow endless corporate profits from publicly funded research

[–] [email protected] 27 points 10 months ago (1 children)

Taxes go in, corporate profits come out. The system works!

[–] [email protected] 3 points 10 months ago

Side eyes telecoms

[–] [email protected] 10 points 10 months ago

I wish they would talk about that more outside of election season.

[–] [email protected] -4 points 10 months ago

Our best chance was when Obama had a supermajority and he decided to make it more expensive, not less.

[–] [email protected] 41 points 10 months ago (1 children)

If you ever needed proof of who runs America well here it is.

[–] [email protected] 4 points 10 months ago (1 children)

You need a comma in there, mate 😂

If you ever need proof of who runs America well, here it is

[–] [email protected] 11 points 10 months ago (1 children)

Don't downvote this guy; the sentence was legitimately ambiguous without the comma! Compare:

"If you ever need proof of who runs America well, here it is."

vs.

"If you ever need proof of who runs America, well here it is."

[–] [email protected] 1 points 10 months ago

2nd was my original parsing.

[–] [email protected] 21 points 10 months ago (1 children)

I wish there was a list of drugs so I'd know whether or not I'll have to pay more.

[–] [email protected] 5 points 10 months ago (1 children)

Brand name drugs go up 2-10% each year. Generics generally don't change.

[–] [email protected] 4 points 10 months ago

That's good to hear. All of the drugs I'm currently on are generics. The brand name only ones have all been deemed unnecessary at this point. I've also gone from 7 pills in the morning and 5 at night to 3 pills and one supplement in the morning and 2 at night, which is pretty damn good for having a nerve disorder. I just worry that they will stop working and I will have to go back to an expensive name brand option.