Obscure Model Puts a Price on Good Health—and Drives Down Drug Costs

Australia News News

Obscure Model Puts a Price on Good Health—and Drives Down Drug Costs
Australia Latest News,Australia Headlines
  • 📰 WSJ
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Canada, Britain, Ireland and the Netherlands keep drug prices low by using an obscure formula that puts a price on a year of health. U.S. drug companies are taking notice.

The makers of the cholesterol-lowering drug Praluent, which first went on sale for $14,600, offered to sell it for as little as $4,500, after rebates. A new migraine drug called Aimovig, expected to cost up to $10,000 a year, went on sale for $6,900. And Zolgensma, a lifesaving gene therapy for children that its maker said might cost up to $5 million, was priced at $2.1 million.

Behind all the price restraint was a complex economic model invented decades ago to determine how to price health care fairly. These days, a little-known...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

WSJ /  🏆 98. in US

Australia Latest News, Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kendall Jenner's Most Naked Outfits Will Make You BlushKendall Jenner's Most Naked Outfits Will Make You Blush25 photos that prove model Kendall Jenner loves a good naked dress.
Read more »

Human rights group slams Saudi Arabia for crackdown on dissentHuman rights group slams Saudi Arabia for crackdown on dissentLegitimate reforms benefiting women mask a broader crackdown on freedom and dissent in Saudi Arabia, the international monitor Human Rights Watch said Monday.
Read more »

What Elizabeth Warren’s health plan means for healthcare industry - Business InsiderWhat Elizabeth Warren’s health plan means for healthcare industry - Business InsiderElizabeth Warren's plan targets every part of healthcare, and many parts of the industry could see big payment cuts.
Read more »

Boris Johnson's Conservatives refuse to sack candidate who said people on Benefits Street need 'putting down'Boris Johnson's Conservatives refuse to sack candidate who said people on Benefits Street need 'putting down'The Work and Pensions Secretary Therese Coffey said it was now a 'matter for the people of Gower' to decide whether Francesca O'Brien was elected.
Read more »

Judge blocks Trump's health insurance rule for immigrantsJudge blocks Trump's health insurance rule for immigrantsA federal judge put on hold a Trump administration rule requiring immigrants prove they will have health insurance or can pay for medical care before they can get visas.
Read more »

US judge blocks Trump's health insurance rule for immigrantsUS judge blocks Trump's health insurance rule for immigrantsPORTLAND, Ore. (AP) — A federal judge in Portland, Oregon, on Saturday put on hold a Trump administration rule requiring immigrants prove they will have health insurance or can pay for medical...
Read more »



Render Time: 2025-03-14 17:01:20