Wyden introduces price transparency bill targeting payers

Dive Brief: Senate Finance Committee Ranking Member Ron Wyden, D-Ore., introduced a bill Wednesday that would require health insurers to tell beneficiaries what the out-of-pocket costs would be for any in-network procedure or prescription drug they seek. The Health Care Price Check Act stipulates that commercial insurers, as well as Medicare plans, provide an online tool… Read More »

Novartis could settle for $1B as part of federal kickback lawsuit: report

Six years after federal prosecutors first targeted Novartis for an alleged kickback scheme involving $ 10,000 dinners and fishing trips for doctors, signs pointed to the Swiss drugmaker finally having its day in court. Now, it looks like that may not happen. Novartis could be approaching a billion-dollar settlement with the U.S. government as part… Read More »