Tag / Suhas Gondi
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Big Changes in Medicare
According to a group of Congressional representatives, Medicare is due for a big change. A Democratic proposal was recently put forward that would allow the federal government to negotiate prescription drug prices for Medicare Part D. The agenda aligns with both the previous efforts of the Obama administration and plans put forward by the Clinton…
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The 5555 Percent Drug Price Hike: Who’s to Blame?
In August 2015, Turing Pharmaceuticals acquired the rights to Daraprim, a decades-old, lifesaving drug used to cure a rare parasitic infection. Shortly after this acquisition, CEO Martin Shkreli announced that the drug would retail for $750 per tablet, a 5555 percent increase over the previous price of $13.50. For weeks, this story dominated the headlines…
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