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A new Illinois law going into effect January 1st, 2025 will cap the price of the life-saving medicine at $60. Around 3.6 million Americans use epinephrine injectors (EpiPens) to treat severe ...
Mylan had maintained about a 90% market share since it had acquired the product, and had continually raised the price of EpiPens starting in 2009: in 2009, the wholesale price of two EpiPens was about $100; by July 2013, the price was about $265; in May 2015, it was around $461; and in May 2016, the price rose again to around $609, [28] around ...
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Those profits were also due in part to Mylan's continually raising the price of EpiPens starting in 2009; in 2009 the wholesale price of two EpiPens was about $100, by July 2013 the price was about $265, in May 2015 it was around $461, and in May 2016 the price rose again to around $609, [90] around a 500% jump from the price in 2009.
[37] [38] From 2007 to 2016, Mylan increased the price of EpiPens by 461 percent, from about $100 for a package of two pens to about $600. [36] By the first half of 2015, Mylan had an 85% market share of such devices in the U.S., [37] and in that year sales reached around $1.5 billion and accounted for 40% of Mylan's profit. [39]
WASHINGTON (Reuters) -More than 1 million people in the U.S. will save over $1,000 a year beginning in 2025, when an annual $2,000 cap on prescription drug out-of-pocket costs kicks in, the ...
In 2010, the first provision enacted immediately, was a one-year, $250 rebate to those people in the coverage gap to help pay for their medication. The second provision, enacted in January 2011, created a 50% discount on brand-name prescription drugs for seniors within the coverage gap.
Among people who are not living in nursing facilities, only a small fraction of seniors and disabled people trying to get "share of cost" Medi-Cal — 8% — spent enough on medical expenses to ...