No clarity on medicine prices
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The government and the pharmaceutical industry remained at odds on Thursday over the interim legal status of medicine pricing regulations declared invalid by the Supreme Court of Appeal (SCA) in Bloemfontein this week.
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SAN FRANCISCO (CBS.MW) -- The national hand-wringing over rapidly rising health-care costs generally ignores one point that at least some people find hard to miss: Many patients are getting much better results for their money than they did in the past.
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Prices for about 200 prescription drugs  in the United States commonly used by seniors rose nearly twice  the rate of inflation, a seniors group said on Tuesday, making  a case for letting the government negotiate drug prices.
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A battle between insurers and drug companies could determine how many medicines will be available to beneficiaries.
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How the Bureau of Labor Statistics compiles data on pharmaceutical prices.
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When you dial the hotline for information on Medicare&#39;s new prescription drug program -- 1-800-MEDICARE you might get the wrong answer or no answer at all -- almost 40 percent of the time.
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Many cannot easily shop around for the best bargains on their drugs, as other Medicare beneficiaries are supposed to do.
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By Detroit Free Press  Jun. 15--Michigan consumers can now find the lowest price for an additional 120 prescription drugs on the state Department of Community Health Web site using upgrades announced today.
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By Thomas Ginsberg, The Philadelphia Inquirer  Jan. 31--Here is something you may not hear every day: The drug giant Wyeth said yesterday that it was "surprised" to hear that it is about to face generic competition on its $216 million heart drug Inderal LA.
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By Stephen Foley in London and Katherine Griffiths in New York. More than Â£6bn was wiped off the value of the UK&#39;s two giant pharmaceuticals companies yesterday as they and the US regulator attempted to quell a furore over drug safety.
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Questions about billing, coverage and prices of drugs covered under the new prescription benefit were routinely wrong, the government finds.
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More than $31bn (Â£16bn) was yesterday knocked off the value of Pfizer, the world&#39;s largest pharmaceutical company and maker of Viagra, after doubts surfaced over the safety of one of its key drugs.
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The U.S. President has said that the problem with health care is the lawyers. He doesn't seem to think that there are any other problems we should be concerned about, and the free market is the best way to determine how much you would be willing to pay for health care. The President is pushing our current system, and his challenger is doing the same.
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The market might overlook the drug maker's promising programs.
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After some initial success containing drug prices, private insurers in the new Medicare prescription drug program may be losing their leverage over drug manufacturers as they try to hold down medicine costs for seniors and the federal government, House investigators have found.
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VANCOUVER - Consumers are paying too much for many prescription drugs because of federal government policies, says a report released on Monday by the Fraser Institute.
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(HealthDayNews) -- Consumers who want to buy prescription drugs online are faced with the daunting challenge of finding the right provider, the U.S. Food and Drug Administration concedes. The FDA offers these suggestions:   Check with the National Association of Boards of Pharmacy at www.nabp.net to see if a Web site is backed by a licensed pharmacy in good standing.  Don't buy from sites that offer to sell a prescription drug without a medical doctor's prescription.  Don't do business with sites that have no access to a registered pharmacist to answer questions. ...