Seeking to dampen high prices for new drugs, CVS (CVS) Caremark plans to allow its clients — such as health plans and employers — to exclude from their formularies any new medicine that has a higher price than a specific threshold for determining value.

Specifically, the pharmacy benefit manager set a threshold of $100,000 per QALY, or quality-of-life years, a benchmark that measures both the quantity and quality of life generated by providing a treatment or some other health care intervention. In the U.S., anywhere from $50,000 to $150,000 is used for gauging value, although $100,000 is commonly used as a threshold.

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  • I guess no one is paying attention again. This is a corporate PR or advertising campaign. It is highly obvious that these corporations have corrupted science. They will merely deceive the public by appearing to be “Cost Saving.” Thanks to the lack of critical thinking occurring here and on most other sites, they will peddle this propaganda. Doing a Cost benefit analysis, sounds a lot like Healthcare rationing to me. Anything is better than looking at the root of the problem here. We need to demand fact based prescription drugs. The government should disband these monopolies, it is to late to fix this. Watch how every medical journalist educated by Pharam will sell this idea as “innovative.”

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