What We're Reading: Can a State Sue Gilead Over the High Price of Its HCV Drugs?
What we're reading, January 28, 2016: Massachusetts' attorney general is threatening to sue Gilead Sciences over the high prices of its hepatitis C drugs; Anthem reports losses on Obamacare health plans; and consumers are satisfied with health coverage and limited networks.
In Massachusetts, the attorney general has warned Gilead Sciences that its high prices for Sovaldi and Harvoni may be illegal and violate the state’s law for fair trade practice. The Attorney general is not looking to sue the drugmaker for larger rebates or discounts, as others have done in the past, but for overpricing its products and violating consumer protection law,
UnitedHealth is not the only insurer feeling the pain from Affordable Care Act health plans. Now Anthem has announced that exchange plans caused the company to miss analyst expectations for fourth quarter earnings,
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