For many people who suffer from cardiovascular problems, relying on various heart devices to help their hearts work more efficiently is the difference between life and death. Because of this, many medical device manufacturers are investing millions of dollars into designing and manufacturing numerous devices to combat these and other problems. However, in some instances, …
Within the corporate world of pharmaceuticals, pricing of products is an issue that is constantly under scrutiny. According to recent securities filings made by Express Scripts, two potentially large lawsuits have been lodged against the company. In the pricing lawsuits, plaintiffs claim a subsidiary of Express Scripts, United Biosource, assisted drugmakers in marketing their products …
Many people are surprised when they can get a better price on their prescriptions when paying cash instead of using their insurance. It is estimated this occurs approximately 10% of the time in the United States. This equals over 390 million prescriptions annually. The reason for this is complicated and confuses many consumers as well …
Nobody likes paying taxes. So naturally if a tax gets removed, most people are glad to see it go. This appears to be the case with the medical device tax, which is part of the Affordable Care Act. Based on current congressional legislation, the 2.3% tax on medical devices seems to be slated for a …