Maricruz Salgado was bringing her diabetes under control. Thanks to a federal program that allowed health clinics that serve poor people to buy drugs at steeply discounted prices, she was able to pay less than $75 for all five of her diabetes medications every three months. But in July, the cost of three of those drugs soared. Ms. Salgado, who …
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How a Company Makes Millions Off a Hospital Program Meant to Help the Poor
Soon after being diagnosed with metastatic breast cancer, Virginia King sat in an outpatient clinic in Santa Fe, N.M, while a nurse injected her with a powerful drug to slow damage to her spine, where the disease had spread. Even though the drug had a list price of about $2,700, the hospital that owned the cancer center billed Mrs. King’s …
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