Patient charity helped drug companies spike prices, US government alleges

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One of the largest patient assistance charities in the US may shut down amid government allegations that it helped drug companies raise prescription prices.

In a letter to the organization, the federal government revoked Caring Voice Coalition’s authorization on Tuesday.

The Department of Health and Human Services Office of the Inspector General’s letter cited findings that the group, mainly funded by pharmaceutical companies, enabled drug-makers to influence prescriptions.

Caring Voice may have given pharmaceutical companies ‘greater ability to raise the prices of their drugs while insulating patients from the immediate out-of-pocket effects of price increases,’ leaving the government to cover them instead, the letter says. 

772fe842b91cae1dfbd566b92cb67677 Patient charity helped drug companies spike prices, US government alleges

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