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The complicated web of employer drug pricing

The complicated web of employer drug pricing

From1 big thing


The complicated web of employer drug pricing

From1 big thing

ratings:
Length:
11 minutes
Released:
Dec 7, 2021
Format:
Podcast episode

Description

Americans spend hundreds of billions on prescription drugs each year. In fact, about $370 billion as of 2019. And employers in charge of healthcare plans paid for about $166 billion of that. It's middleman firms, which actually negotiate these drug prices on behalf of employers. But because they keep their data secret, companies have no idea whether they're getting a fair deal on drug prices or not. And an Axios investigation shows these intermediaries are working hard to keep it that way.

Plus, the Department of Justice sues Texas over voting rights

And, eating out could soon mean more encounters with robots

Guests: Axios' Ben Herman and Russell Contreras.
Credits: Axios Today is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Julia Redpath, Alexandra Botti, Nuria Marquez Martinez, Alex Sugiura, Sabeena Singhani, Lydia McMullen-Laird, Michael Hanf, and David Toledo. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. You can text questions, comments and story ideas to Niala as a text or voice memo to 202-918-4893.
Editor's note: This conversation was updated to correct an error. The Supreme Court conservative majority is 6-3 (not 6-4).
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Released:
Dec 7, 2021
Format:
Podcast episode

Titles in the series (100)

Start your morning with news that matters in just 10 minutes. Our host Niala Boodhoo and a team of award-winning journalists bring you insights into the most important news of the day and interesting stories you won’t hear anywhere else. It’s analysis and insights delivered in Smart Brevity® - Axios’ concise communication style that’s respectful of your time. About Axios: Axios is a digital media company launched in 2017. Axios helps you become smarter, faster with news and information across politics, tech, business, media, science and the world. Subscribe to our newsletters at axios.com/newsletters and download our mobile app at axios.com/app.  About Niala Boodhoo: Niala Boodhoo is the host of Axios Today. She was the host and executive producer of the award-winning news program The 21st, a Knight-Wallace fellow and a board member for the AAJA.