The price of Epipens -- purchased annually by people with severe allergies and stocked in the first-aid cabinets of schools, businesses, and ambulances -- more than quintupled in a decade, thanks to the tactics of Mylan CEO Heather Bresch (daughter of Senator Joe Manchin [D-WV]), who took home a 671% raise for her work, which raised this lifesaving technology's pricetag beyond the reach of many people, who turned to low-cost DIY alternatives.
Now, pharmacy chain CVS has entered the fray, announcing a generic epipen that they'll sell in two-packs for $110 -- an 80% discount off the sticker price of Mylan's product.
"In order to address this challenge," Foulkes continued, "we have partnered with Impax to purchase their epinephrine auto-injector at a price that is lower than similar brand or authorized generic epinephrine auto-injectors. We are passing these savings along to our customers and patients, making this product available at all CVS Pharmacy locations at the lowest cash price in the market."
The price of $109.99 for the authorized generic of Adrenaclick two-pack applies to both insured and cash-paying patients without insurance. This solution will be particularly beneficial for those insured patients who have consumer-directed health plans and have not yet met their deductible for the plan year. Additional cost reductions for the generic Adrenaclick are available for qualifying patients who use the coupon program offered through Impax which provides a benefit of $100 per pack.
CVS Health Offers Patients Lowest Cash Price in the Market for Generic Epinephrine Auto-injector to Treat Allergic Reactions
(Image: EpiPen Auto Injector, Greg Friese, CC-BY)
Evan Greer from Fight for the Future writes, "At this moment in history, it's just not okay for tech companies to support government agencies that are openly violating human rights. But while Salesforce's executives have been speaking out against US immigration policies, the company is maintaining a multimillion dollar contract with US Border Patrol. We […]
PepsiCo is buying SodaStream for $3.2 billion. SodaStream’s products, marketed as a healthy alternative to sugary sodas, fit Pepsi’s goal of “making more nutritious products while limiting our environmental footprint,” (Pepsi CEO Indra) Nooyi said in a statement. “Together, we can advance our shared vision of a healthier, more sustainable planet.” (CNN)
Economists like Alberto Alesina and Silvia Ardagna reshaped the world when their theories of "expansionary austerity" were put into effect after the 2008 crisis: the idea that governments could "increase taxes, cut spending, and grow strongly" was powerfully tempting to the world's leaders, who saw in them a way to pull out of a recessionary […]
Drones are undeniably cool, but not all of us have the Top Gun-level piloting skills required to fly them—unless you’re using TRNDlabs’ new Spectre Drone. Designed new and expert pilots alike, this drone is loaded with fly assist features to make piloting easy, all the while you explore using its built-in HD camera. It’s available in the […]
Whether you’re set to give the toast at your best friend’s wedding or a presentation at work, you’ll be relying on those public speaking lessons you slept through during high school. Scary thought, right? Thankfully, the Public Speaking Bundle is loaded with hacks, tips, and techniques that will get you speaking more naturally and with confidence, […]
The Adobe Creative Cloud suite is the foundation on which many creatives build their careers, but some of its programs, like Photoshop and InDesign, are notoriously complex, making it difficult for aspiring designers, photographers, and the like to break into their field. But, don’t get discouraged. The Pay What You Want: Adobe CC A-Z Lifetime Bundle […]