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Prescribing generic drugs for seniors' eye problems could save the U.S. government hundreds of millions of dollars a year

Switching to Generic Eye Meds Could Save Medicare Millions

Medicare is billed more than $1 billion annually for glaucoma treatments alone, researchers say
Noting that new cancer drugs routinely cost more than $100

ASCO Addresses Cancer Drug Pricing

New drugs routinely cost more than $100K per year; prices on many existing treatments continue to rise
Utilization of health services was largely unchanged from 1996-1997 to 2011-2012

Health Service Use Unchanged From 1996-1997 to 2011-2012

Expenditures for various categories of medical services increased in almost every category assessed
Market competition levels are associated with changes in the price of generic drugs

Market Competition Linked to Change in Generic Drug Prices

Price change of −31.7 percent for quadropoly and 47.4 percent for monopoly
Many older Americans who have difficulty paying for their medications don't seek help in finding more economical options

Poll Finds Seniors Struggling With Drug Costs Don’t Seek Help

Roughly half of older Americans don't, but those who do receive assistance from their doctor
For community-dwelling older adults

Preadmission Functional Impairment Ups Medicare Costs

Increase in mean Medicare costs after discharge linked to severity of preadmission impairment
Health insurers are recruiting former pharmaceutical company representatives to educate doctors and help save money on prescription medications

Health Insurers Recruiting Former Pharma Reps to Cut Costs

Former pharma reps are educating doctors about costs of meds, encouraging use of generics
The American Medical Association is calling for more transparency in drug pricing amid rising costs that are putting some lifesaving medications out of reach for patients and communities.

AMA Endeavors to Increase Transparency of Rx Pricing

At annual meeting, the physicians' group adopted new policies on drug pricing to protect patients
High-deductible health plans are becoming more common among U.S. adults with employer-sponsored health insurance coverage

CDC: High-Deductible Health Plan Use Rising Among Employers

These employees more likely to face financial barriers to care, researchers find
There is little agreement between the American Society of Clinical Oncology Value Framework and European Society for Medical Oncology Magnitude of Clinical Benefit Scale

ASCO: Agreement Lacking With ESMO on Most Effective Drugs

Negative correlation identified for ASCO benefit score with monthly incremental drug costs