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The maker of the EpiPen is playing another dirty trick right from Martin Shkreli's book
Source: Business Insider
The maker of the EpiPen is playing another dirty trick right from Martin Shkreli's book
Linette Lopez
1h
Mylan, the company that sells the lifesaving antiallergy shot EpiPen, has said it will provide discount coupons to patients to subsidize the $600 drug.
Mylan also said that it would double the number of people eligible for its patient-assistance program, which helps uninsured and underinsured people.
[font size=1]-snip-[/font]
But hey, there are new discounts, right? Ideally, with a discount people will get the help they need, as well as institutions like schools that stock EpiPens.
And maybe that's true to a certain extent, but that's not by any means the whole story here. In a press release after the announcement, Cummings called these discounts a "PR stunt" to "distract from their exorbitant price increases" — but they're more insidious than that.
Coupons and patient-assistance programs don't just distract from high prices — they preserve them.
[font size=1]-snip-[/font]
Linette Lopez
1h
Mylan, the company that sells the lifesaving antiallergy shot EpiPen, has said it will provide discount coupons to patients to subsidize the $600 drug.
Mylan also said that it would double the number of people eligible for its patient-assistance program, which helps uninsured and underinsured people.
[font size=1]-snip-[/font]
But hey, there are new discounts, right? Ideally, with a discount people will get the help they need, as well as institutions like schools that stock EpiPens.
And maybe that's true to a certain extent, but that's not by any means the whole story here. In a press release after the announcement, Cummings called these discounts a "PR stunt" to "distract from their exorbitant price increases" — but they're more insidious than that.
Coupons and patient-assistance programs don't just distract from high prices — they preserve them.
[font size=1]-snip-[/font]
Read more: http://www.businessinsider.com/mylan-subsidizes-price-of-epipen-to-keep-the-price-high-2016-8
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