WASHINGTON — The maker of a drug for Lou Gehrig’s disease that recently failed in a large study said Thursday it will pull the medicine from the market, acknowledging it didn’t help patients with the deadly neurological condition. Amylyx Pharmaceuticals announced it will voluntarily halt sales and marketing of the drug in the U.S. and … Read more
WASHINGTON — President Joe Biden teamed up with Sen. Bernie Sanders on Wednesday to promote his administration’s efforts to lower the cost of inhalers and other health care needs, as the White House continues its effort to highlight Biden’s legislative achievements to voters ahead of the November elections. “Bernie, you and I have been fighting … Read more
WASHINGTON — President Joe Biden and Vice President Kamala Harris will promote their health care agenda on Tuesday in North Carolina, a battleground state that Democrats hope to flip in their favor after falling short to Donald Trump in the last two presidential elections. Fourteen years after President Barack Obama signed the Affordable Care Act … Read more
As rural hospitals continue to struggle financially, a new type of hospital is slowly taking root, especially in the Southeast. Rural emergency hospitals receive more than $3 million in federal funding a year and higher Medicare reimbursements in exchange for closing all inpatient beds and providing 24/7 emergency care. While that makes it easier for … Read more
WASHINGTON — WASHINGTON (AP) — President Joe Biden on Monday released a budget proposal aimed at getting voters’ attention: It would offer tax breaks for families, lower health care costs, smaller deficits and higher taxes on the wealthy and corporations. Unlikely to pass the House and the Senate to become law, the proposal for fiscal … Read more
WASHINGTON — The first over-the-counter birth control pill will be available in U.S. stores later this month, allowing American women and teens to purchase contraceptive medication as easily as they buy aspirin. Manufacturer Perrigo said Monday it has begun shipping the medication, Opill, to major retailers and pharmacies. A one-month supply will cost about $20 … Read more
Orders at several pharmacies have been delayed after a cyberattack was detected at UnitedHealth’s technology unit, Change Healthcare. The company said issues began Wednesday afternoon and some applications were unavailable. In a post later on Wednesday, Change Healthcare said it was experiencing network interruptions related to cybersecurity issues. Security experts “took immediate action” once the … Read more
Many U.S. companies are grappling with health insurance coverage issues for workers when it comes to GLP-1 drugs for weight loss. Despite the hefty price tag â typically between $1,000 to $1,500 a month â consumers are clamoring for drugs like Novo Nordisk‘s Wegovy and Eli Lilly‘s Zepbound. This class of drugs, historically used to … Read more
WASHINGTON — The e-commerce giant eBay will pay $59 million in a settlement with the Justice Department over thousands of pill press machines sold on the platform, the Justice Department said Wednesday. The machines can be used to manufacture counterfeit pills that look just like prescription pills but instead can be laced with substances like … Read more
Activists protest the price of prescription drug costs in front of the U.S. Department of Health and Human Services (HHS) building on October 06, 2022 in Washington, DC. Anna Moneymaker | Getty Images U.S. patients and drugmakers will get a first glimpse of how much Medicare can negotiate down drug prices in 2024, setting the … Read more
