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PBMs and insurers want your prescription money

World of DTC Marketing

For many, these coupons represent the difference between filling a prescription and going without lifesaving care, but there is a lot more here than just a co-pay coupon. In 2020, the value of these coupons totaled $14 billion. When folks can’t afford their out-of-pocket prescription costs, many skip doses–and get sicker.

Insurance 226
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Corporations: “get healthcare costs under control”

World of DTC Marketing

According to data from KFF’s annual survey of employers , between 2010 and 2020, insurance premiums for employer-sponsored family coverage rose by 55 percent; the employer’s contribution went up 61 percent. On a percentage basis, the figure for 2020 was Independence’s highest profit margin since 2011, records show.

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Is DTC effective?

World of DTC Marketing

Among the 26% of respondents who talked to a health care provider about a specific prescription drug they saw advertised, 16% said they received a prescription for the advertised drug. Online research is used to evaluate new prescription drugs. But is this really true across all DTC?

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Misjustice benefits pharma

World of DTC Marketing

Doctors, 99% of whom were acting in good faith, determined the total volume of prescription opioids that pharmacies ordered from defendants and dispensed pursuant to those prescriptions,” Faber wrote in his opinion. The health sector led the federal and state lobbying spending in 2021, continuing a trend from 2019 and 2020.

Pharma 238
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The financial toxicity of treating cancer

World of DTC Marketing

billion in 2020 (2020 U.S. These cost estimates include cancer-attributable costs for medical services and oral prescription drugs. National costs for cancer care were estimated to be $190.2 billion in 2015 and $208.9 dollars), an increase of 10 percent that is only due to the aging and growth of the U.S. population.

Insurance 273
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Is pharma being unfairly targeted by the media?

World of DTC Marketing

According to KFF “half of all Part D covered drugs (50% of 3,343 drugs) and nearly half of all Part B covered drugs (48% of 568 drugs) had price increases more significant than inflation between July 2019 and July 2020, which was 1.0%. or more – the current annual inflation rate. .

Media 205
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AbbVie continues to be what’s wrong with big pharma

World of DTC Marketing

prices on seven of the 10 costliest prescription drugs in 2020 without justification, increasing drug spending by $1.67 Using pricing data from 2019 and 2020, ICER pegged Humira’s net price increase at 9.6% According to Reuters “drugmakers hiked U.S. billion, a U.S. leading to an almost $1.4 billion increase in U.S.

Pharma 202