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The Pharmaceutical Research and Manufacturers of America (PhRMA) represents the country’s leading innovative biopharmaceutical research companies, which are laser focused on developing innovative medicines that transform lives and create a healthier world. Together, we are fighting for solutions to ensure patients can access and afford medicines that prevent, treat and cure disease. Over the last decade, PhRMA member companies have invested more than $850 billion in the search for new treatments and cures, and they support nearly five million jobs in the United States.
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Janet is enrolled in a commercial health insurance plan and has a $40.00 copay for her blood pressure medicine. Because Janet’s health plan receives a 25% rebate off of the list price of her medicine, her copayment of $40.00 is slightly more than the $38.00 net price paid by her health plan. After rebates and fees, the manufacturer retains $62.00, roughly two-thirds of the original list price of $100.00.
Follow the Dollar: Janet image
Resource
Cost and Value
Follow the Dollar: Flow of Payment for a $100 Blood Pressure Medicine (Janet)
Follow the Dollar: Janet image