This week, the Commonwealth Fund released new findings from its Affordable Care Act Tracking Survey. The survey is a nationally representative telephone poll that tracks coverage rates among 19- to 64-year olds.
This week, the Commonwealth Fund released new findings from its Affordable Care Act Tracking Survey. The survey is a nationally representative telephone poll that tracks coverage rates among 19- to 64-year olds. The newest findings were from the February to March period of the survey, during which 2403 individuals were polled.
Respondents continue to worry about healthcare costs on all fronts, from general medical bills to the high cost of prescription drugs. When asked if they would have the money to pay $1000 medical bill within 30 days in the case of an unexpected medical emergency, nearly half (46%) of respondents said they would not have the money to cover such a bill in that timeframe.
Specifically, women, people of color, people who are uninsured, those with incomes under 250% of the poverty line ($30,150 for an individual), and those covered by Medicare or Medicaid were among the most likely to say they couldn’t pay the bill.
When participants were asked if whether over the past year their healthcare (including prescription drugs) had become harder to afford, easier to afford, or if there had been no change, the majority (66%) said there had been no change. However, people with individual market coverage were significantly more likely than those with employer coverage or Medicaid to say that healthcare had become harder to afford (24%). Of people polled, only 8% said healthcare had become easier to afford.
Finally, when asked if they were confident in their ability to afford healthcare if they were to become seriously ill, 62.4% of adults said they were very or somewhat confident that they could afford these costs, down from nearly 70% in 2015. There were also significant declines in confidence among young adults, women, those aged 50 to 64, and people with health problems.
In an effort to address growing concerns about the cost of drug prices in particular, President Donald Trump and HHS Secretary Alex Azar spoke jointly on Friday, April 11, providing an overview of a comprehensive blueprint HHS released to lower high drug prices in the United States.
“The blueprint is a sophisticated approach to reforming and improving this complex system…[but] this is not a one-and-done deal,” said Azar. “It is a comprehensive process, and as the president said, it will take time to reorder an entire complex multibillion-dollar system.”
Will the FTC Be More PBM-Friendly Under a Second Trump Administration?
February 23rd 2025On this episode of Not So Different, we explore the Federal Trade Commission’s (FTC) second interim report on pharmacy benefit managers (PBMs) with Joe Wisniewski from Turquoise Health, discussing key issues like preferential reimbursement, drug pricing transparency, biosimilars, shifting regulations, and how a second Trump administration could reshape PBM practices.
Review Calls for Path to Global Harmonization of Biosimilar Development Regulations
March 17th 2025Global biosimilar regulatory harmonization will be needed to reduce development costs and improve patient access, despite challenges posed by differing national requirements and regulatory frameworks, according to review authors.
Biosimilars Policy Roundup for September 2024—Podcast Edition
October 6th 2024On this episode of Not So Different, we discuss the FDA's approval of a new biosimilar for treating retinal conditions, which took place in September 2024 alongside other major industry developments, including ongoing legal disputes and broader trends in market dynamics and regulatory challenges.
From Amjevita to Zarxio: A Decade of US Biosimilar Approvals
March 6th 2025Since the FDA’s groundbreaking approval of Zarxio in 2015, the US biosimilars market has surged to 67 approvals across 18 originators—though the journey has been anything but smooth, with adoption facing hurdles along the way.