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In the United States, the average wholesale price (AWP) is a prescription drug term referring to the average price for medications offered at the wholesale level. [1] The metric was originally intended to convey real pricing information to third-party payers, including government prescription drug programs.
Prescription drug list prices in the United States continually are among the highest in the world. [1] [2] The high cost of prescription drugs became a major topic of discussion in the 21st century, leading up to the American health care reform debate of 2009, and received renewed attention in 2015.
In 1996, The Associated Group changed its name to Anthem Insurance Company. [17] In August 1997, Anthem acquired Blue Cross and Blue Shield of Connecticut. [18] It also sold Acordia to management. [19] In 1999, Anthem acquired Blue Cross and Blue Shield of New Hampshire and Blue Cross and Blue Shield of Colorado and Nevada. The acquisitions ...
More drug prices are likely to be announced over the course of January - historically the biggest month for drugmakers to raise prices. In 2023, drugmakers raised prices on 1,425 drugs, down from ...
The median annual list price for a new drug was $300,000 in 2023, according to the Reuters analysis of 47 medicines, up from $222,000 a year earlier. ... Chart of the Week: 2025's monster AI spend ...
The Walmart-Humana partnership offers a prescription drug plan that saves up to 20 percent in drug costs for customers. RELATED: 5 biggest mistakes shoppers make, according to Walmart employees