Why your asthma inhaler is so expensive (in the US)
educatedguesswork.org
educatedguesswork.org
Amusingly our insurance's captive/preferred pharmacy wants to mail us the generic for $40 + 25 S+H instead of us buying it locally for $150. Except that they can't climate control the shipment and it's 20F over the rated temp of the inhaler here today, in the shade. So their in house pharmacist allowed an override.
Still a royal PITA.
Having spend decades work with pharma companies, I agree that one of the main issues is missaligned incentives between patients and PBMs/health plans.
Bad patents are hard to quantify but a big part of picture. Should the patent office rejected Flovent + HFA as obvious? Another example would be Novarits patents on VEGF in silicone syringes. Litigating a global patent fight with Pharma companies with billions at stake is a huge barrier. The best way to prevent this IMO is more disgression in initial patent issue.
I didn't dig into the details of the fluticasone HFA switch, but my impression is that while it's obvious to replace the propellant, apparently you do need to do some engineering (e.g., on the nozzle) to make it work right. I don't know enough about what they actually had to do to know if the patent should have been granted or not.
A more moderate response would be for government programs like medicare and medicaid to simply refuse buy products with such a high markup. This is called purchasing controls and practiced by many European countries.
Combining that with PBMs being allowed to choose a preferred manufacturer for a generic or even preferring the (more expensive for the patient) brand, and refusing to offer the same coverage for a generic and you get less access to generics than there should be.
Honestly, PBMs should have to contribute at least the same amount of money to any version of a drug. If it's genuinely more expensive for them, the patient would still have to pay more. If it's not, it's none of their business.
I do think a lot of the rot is in the PBM layer, and the country would benefit from an attempt to eliminate it, reduce their influence, and move away from the formulary.
Insurance should dictate what is covered, NDC exclusions should be banned, and rebates should be discouraged.
Ideally manufacturers sell for a list price, and insurance decides what is an acceptable balance of cost to subscriber satisfaction.
PBMs would go back to handling the papwerwork, or better yet be replaced by an open standard protocol
The prisoners were receiving as much as $10 per inhaler, funded by a family on the outside that couldn't afford the inhalers at pharmacy prices.
I'm not sure it's ever been looked in to, but having seen it first hand, I can tell you there's a whole hustle for people on the inside trying to get prescribed expensive drugs in order to supplement their meager existences.
For any Fox News fans reading this: That's "socialism" for you :-).
Drug deala
??? Fentanyl ???
Nah. Beclomethasone