Posts Tagged: drug manufacturers
A pharmacy worker on the the job. (Photo: wavebreakmedia, via Shutterstock)
OPINION: In 2018, legislators took positive initial steps to regulate some of the egregious business practices of pharmacy benefit managers (PBMs) – little-known middlemen in the health care system who have contributed to rising costs. However, more must be done to ensure that Californians are able to access affordable treatment options such as receiving cost savings at point of sale at the pharmacy counter, for example.
An array of products on the shelves of a pharmacy. (Photo: Niloo, via Shutterstock)
OPINION: Headlines continue to scream about the price of prescription medications skyrocketing. But here is some good news about drug costs: the price of generic medicines is falling. Fast. In California, generic prices decreased on average 15 percent per year over the last several years. California residents spent $24 billion less on generics than on brand prescriptions in 2018.