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AMA calls for more transparent prescription costs

11:57 EDT 15 Jun 2017 | Healio

In response to the recent spike of many prescription drug prices, the AMA adopted several policies to provide patients with more information about the drugs that they are prescribed and a rationale for price increases at its 2017 annual meeting, according to a press release. “Taken together, these policies would bring much needed transparency to drug pricing and provide a clear benefit to consumers struggling with exorbitant costs,” Barbara L. McAneny, MD, AMA President-elect, said in the release. “There seems to be no logic — or warning — to these price spikes. In the case of naloxone, communities are struggling to afford a life-saving treatment. Sunlight is needed to help respond to price shifts, because if the pricing trends continue, patients and communities will not be able to afford life-saving drugs.”

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