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May 10, 2019 01:30 am

New HHS Rule To Force Drug Companies To List Prices In TV Ads

schwit1 writes: The new rule from the Centers for Medicare and Medicaid Services will force companies to disclose the prices of prescription drugs covered by Medicare and Medicaid that cost $35 or more for a month's supply. Addressing high prescription drug prices has been one issue that the Trump administration and Democrats have agreed on over the past two years, with Congress calling big pharma executives and pharmacy heads to testify. "Requiring the inclusion of drugs' list prices in TV ads is the single most significant step any administration has taken toward a simple commitment: American patients deserve to know the prices of the healthcare they receive," Health and Human Services Secretary Alex Azar said in a statement.

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