Online patient community CreakyJoints is advocating for increased transparency in drug pricing practices.
Here's what you should know:
1. The online community wants the FDA, pharmaceutical companies, payers and pharmacy benefit managers to communicate openly about pricing practices, and to pass along discounts and price reductions to chronic disease patient populations.
2. CreakyJoints said in a release, "There is a need to shift business practices to patient-centered healthcare without sacrificing innovation."
3. The organization is calling on the FDA to "quickly approve generic medications to increase treatment options." In turn, the group believes insurance companies should provide coverage for the generics and allow the use of health savings accounts.
Additionally, the group wants companies to notify patients if a drug can be purchased for less without insurance, or through alternate purchasing practices.
CreakyJoints entire platform is outlined here.