Additional corporations reported to be facing states’ drug-middleman probes
More states are investigating more companies regarding their conduct in the multi-billion dollar business of managing drug transactions, the Wall Street Journal reported Tuesday. The reporting comes after the Capital Journal in April reported that attorneys general in Ohio, Kansas, Mississippi and Arkansas were investigating health care giant Centene. Ohio Attorney General Dave Yost has […]
Drugmaker on rising prices: Don’t look at us
A subsidiary of a leading U.S. drugmaker is reporting that the net cost of its products has been falling. If that’s true, it would appear that drug middlemen and insurers are driving increases in the overall cost of medicine and in consumers’ out-of-pocket costs at the counter. The report, by Johnson & Johnson subsidiary Janssen […]
Ohio suit against health care giant is sealed. Here’s why
Ohio Attorney General Dave Yost last week filed suit against the largest Medicaid managed-care provider in the United States. The suit appears to accuse St. Louis-based Centene of improper billing, misrepresentation of its costs and other offenses. But it’s impossible to know for sure because the case was filed under seal. For the most part, […]
Will state Medicaid reforms prove we were getting a bad deal?
The Ohio Department of Medicaid in January implemented a massive overhaul to the way it administers prescription drug benefits to more than a quarter of all Ohioans. Now, the department is hiring its own middleman to handle the transactions. The department expects to save $128 million during the fiscal year starting July 1 and $184 […]
U.S. Supreme Court deals big blow to pharmacy middlemen
The U.S. Supreme Court on Thursday ruled 8-0 that states have broad powers to regulate powerful pharmacy middlemen without being preempted by federal law. The case was brought by the $400-billion-a-year industry, known as “pharmacy benefit managers,” against the state of Arkansas over a 2015 law that set a minimum, market-based rate the middlemen had […]
Supreme Court hears arguments over states’ ability to regulate drug costs
How much leeway states have to control drug middlemen was at the heart of arguments Tuesday before the U.S. Supreme Court.
Big fight over drug pricing heads to the Supreme Court
A years-long fight over whether states have the authority to regulate important aspects of drug pricing will be argued before the U.S. Supreme Court Tuesday morning.
Medicaid director backpedals on possibility of cutting drug coverage, expansion population
The director of the Ohio Department of Medicaid, it appears, is at least partially backtracking after telling a state panel that ending Ohio’s expanded eligibility for the program and eliminating prescription drug coverage are possible options to fill a looming state budget gap. On Monday, Director Maureen Corcoran made a presentation to the Ohio Prescription […]
Farmers bullish on hemp, Dayton locals winning Oscars, and the costs of Rx drugs
Each day in our newsletter, we are highlighting stories and commentary from other media big and small throughout Ohio and the nation. If you’d like to get this feature directly to your inbox, please sign up for our newsletter here. Catching Our Eye: Hemp dreams. Mahoning Matters is reporting, “Ohio farmers cautiously optimistic about hemp industry.” “Ohio’s farmers […]
Bipartisan proposal would cut prescription costs, lawmakers say
State Reps. Thomas E. West, D-Canton, and Susan Manchester, R-Waynesfield, unveiled legislation last week they say would cut out-of-pocket prescription costs for patients. Patients with chronic, complex conditions such as multiple sclerosis and hemophilia rely on copay assistance programs through organizations like drug manufacturers, charities, and churches to help cover the costs of their prescription […]
Landmark prescription drug pricing bill clears U.S. House
WASHINGTON — The U.S. House passed a landmark health care measure Thursday that proponents say would dramatically reduce the rising cost of prescription drugs and significantly expand access to health care benefits and services. The sweeping legislation passed largely along party lines, with 230 lawmakers voting for it and 192 against. Only two House Republicans […]