USAHITMAN Conspiracy News
    Facebook Twitter Instagram
    USAHITMAN Conspiracy NewsUSAHITMAN Conspiracy News
    • Home
    • Featured News
      Featured

      Prince Warned Of 9/11 Attacks In 1998

      9/11 May 7, 2016
      Recent

      Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos

      July 2, 2023

      King Charles, Bill Gates Foundation and The OceanGate Missing Submarine – How its connected

      June 22, 2023

      Why Is WEF & Bill Gates-Funded APEEL ON Organic Produce?

      June 18, 2023
    • Conspiracy News
      1. 911 Conspiracy
      2. Big Brother
      3. Police State
      4. NWO
      5. UFOs & ETs
      6. Conspiracy or Not
      7. Freemasonry
      8. Chemtrails
      9. HAARP News
      10. The Unknown
      11. Terrorism
      12. Lies & Hoaxes
      Featured

      Candidate Le Pen’s Political Ad Regarding France from the Year 2011

      Conspiracy or Not July 3, 2023
      Recent

      Candidate Le Pen’s Political Ad Regarding France from the Year 2011

      July 3, 2023

      Justice Department: Misconduct by federal jail guards led to Jeffrey Epstein’s suicide

      June 28, 2023

      The 4th Dimension and the Birth of the Jungle Gym

      June 27, 2023
    • Interesting News
      1. Covid
      2. Deaths
      3. Food & Health News
      4. Economy & Money
      5. Restrictions
      6. Bitcoin News
      7. Our Second Amendment
      8. Science & Space
      9. Much More News
      Featured

      U.S. Navy says it can convert seawater into fuel

      Interesting News April 8, 2014
      Recent

      George Soros’ foundation lays off 40% of workforce after billionaire investor’s son takes over

      July 1, 2023

      Supreme Court rejects affirmative action at colleges as unconstitutional

      June 30, 2023

      Prosecutor Reportedly Told Six Witnesses He Was Not Permitted To Charge Hunter Biden

      June 28, 2023
    • Archived Years
      • 2010 Articles
      • 2011 Articles
      • 2012 Articles
    USAHITMAN Conspiracy News
    Home»Food & Health News»US Big Pharma allowed to continue hiding price info in TV ads

    US Big Pharma allowed to continue hiding price info in TV ads

    July 9, 20193 Mins Read
    Facebook Twitter Reddit Telegram Email

    A federal judge has stepped in to save drug companies from a new rule that would have forced them to disclose drug prices in TV ads, ruling that the Department of Health and Human Services lacks authority over the industry.

    “No matter how vexing the problem of spiraling drug costs may be, [Health and Human Services] cannot do more than what Congress has authorized,” US District Court Judge Amit Mehta ruled on Monday, blocking the order, which was due to go into effect on Tuesday.

    Amgen, Merck, and Eli Lilly, three of the largest US drug companies, and the Association of National Advertisers filed the lawsuit last month, claiming HHS lacked the legal authority to enforce the rule, which would have mandated that pharmaceutical ads display the list price of a 30-day supply of any drug covered under Medicare or Medicaid costing more than $35. The suit also claimed the order violated their First Amendment rights to freedom of speech, but Mehta’s ruling didn’t address that argument.

    Drug companies complained the rule would “confuse” and “intimidate” patients because insurers, including Medicare and Medicaid, negotiate discounts with drug companies, meaning the list price, often much higher, could cause sticker shock. But that argument got little sympathy from HHS secretary Alex Azar, who told the companies when he announced the rule in May:

    If you’re ashamed of your drug prices, change your drug prices. It’s that simple.

    The US is one of only two countries worldwide where direct-to-consumer advertising of prescription drugs is legal, and it is a massive market – $5.2 billion in 2016, according to CBS. According to HHS, the 10 most-advertised drugs have list prices from $488 to $16,938 per month or for a typical therapeutic course, numbers that would surely terrify the average consumer. President Donald Trump has made lowering the costs of prescription drugs one of his signature domestic issues, and the HHS rule was designed to bring those costs down, under the reasoning that pharmaceutical companies would be so embarrassed to float those gargantuan numbers on their ads that they’d cut the prices voluntarily.

    Much of pharmaceutical advertising remains TV-based and the pharmaceutical industry has argued that it should be allowed to include pricing information on a dedicated website named in the ad. While it might seem absurd to expect consumers to drop everything and open their web browsers after seeing a TV ad they weren’t looking for in the first place, drug companies’ influence in Congress – they spent $4.1 billion on lobbying over the last 20 years, according to OpenSecrets.org, more than any other industry – means they tend to get what they want.

    Source

    Ads Big Pharma Drugs Medicine Pricing TV
    Share. Facebook Twitter Pinterest Email Reddit

    Related Posts

    Vaccine billionaire’s 3000 per cent gain with surprise bet

    July 3, 2023

    Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos

    July 2, 2023

    Aspartame set to be declared possible Carcinogen

    June 30, 2023

    Candidate Le Pen’s Political Ad Regarding France from the Year 2011

    July 3, 2023

    Vaccine billionaire’s 3000 per cent gain with surprise bet

    July 3, 2023

    Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos

    July 2, 2023

    Millions of Your Taxpayer Dollars Are Going to Fund Foreign Pride Parades and Drag Shows

    July 2, 2023
    Categories
    • 9/11 (108)
    • Big Brother (635)
    • Conspiracy or Not (567)
    • Covid (270)
    • Deaths (71)
    • Economy & Money (953)
    • Featured News (377)
    • Food & Health News (1,146)
    • Fukushima (82)
    • Interesting News (1,956)
    • Lies & Hoaxes (112)
    • More News (2,399)
    • NWO (385)
    • Police State (628)
    • Politics (333)
    • Predictions and Prophecies (43)
    • Random News (2,487)
    • Restrictions (152)
    • Science & Space (953)
    • Second Amendment (129)
    • Secret Societies (112)
    • Survival (67)
    • Terrorism (595)
    • The Unknown (666)
    • UFOs & ETs (388)
    • Vaccine News (237)
    • War News (878)
    • Weather Manipulation (34)
    © 2023 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.