Huge cancer drug markups

https://www.statnews.com/2022/04/18/hospitals-slap-hefty-mar…

**Nation’s top cancer hospitals slap hefty markups on drugs, study says**

**By Bob Herman, Stat, April 18, 2022**

**The nation’s preeminent cancer hospitals are charging commercial health insurers anywhere from double to seven times their costs of acquiring cancer drugs, a new study shows.**

**Most top cancer institutions are also keeping their prices secret in direct violation of Federal law, potentially exposing themselves to fines.**

**Only 27 of the 61 hospitals included in the study disclosed the negotiated price of at least one of those drugs, flouting federal price transparency laws....** [end quote]

Cancer drugs are extremely expensive. They may not be covered by Medicare Part D or by specific private insurance. If you (or someone you love) has cancer, compare prices before selecting a provider. The price difference may be shocking.

Wendy

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