"It is a platform from which consumers will be able to buy prescription medicines directly from pharmaceutical companies without going through insurance. On the site, consumers will be able to search for the prescription drug required and then be directed to the drug's manufacturing company. They will have access to discounted prices much closer to those typically paid by national health services in foreign countries at what are known as most favoured nation prices."
"Pfizer, the first United States pharmaceutical group to sign up to the website, said it would offer discounts of up to 85 percent on the cost of its medicines for those not using health insurance policies to pay and for those on the government's low-cost insurance programme, Medicaid. Pfizer will also sell medicines to the Medicaid programme itself at lower prices."
A new website will allow American consumers to buy prescription medicines directly from pharmaceutical companies without using insurance. The platform will launch in early 2026 and will direct users to manufacturers after searching for a required drug. Consumers and Medicaid beneficiaries will have access to discounted prices close to most favoured nation levels paid by foreign national health services. Pfizer signed up as the first US pharmaceutical group and pledged discounts of up to 85 percent for people not using private insurance and for Medicaid recipients. Pfizer will also sell medicines to the Medicaid programme at lower prices. Shares in the pharmaceutical sector rose sharply in response.
Read at www.aljazeera.com
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