The news: The Drug-price Transparency for Consumers Act of 2025 was recently reintroduced at the beginning of Congress by Senators Dick Durbin (D., Ill.) and Chuck Grassley (R., Ia.).
Here’s what the Act entails: The legislation requires the inclusion of a drug’s list price or wholesale acquisition cost in all direct-to-consumer (D2C) advertisements. For context, the list price represents the price of a prescription drug set by a manufacturer before any rebates or discounts.
Why it matters: Consumers are facing a torrent of D2C drug ads on a daily basis.
If passed, the Act could empower patients to make more informed decisions about their healthcare. Armed with transparent prices, consumers will likely decide to shop around for the most affordable drug or treatment.
Key stat: The Act’s reintroduction comes at a time when the American public sees price transparency as a major healthcare priority.
Our take: Consumers should know the price of a product or service before buying it. The reintroduced Act is a small step in the right direction to making this happen.
However, transparent drug prices don’t equate to true price transparency. A medication’s list price and the price a consumer can expect to pay will vary widely depending on their health insurance coverage.
This article is part of EMARKETER’s client-only subscription Briefings—daily newsletters authored by industry analysts who are experts in marketing, advertising, media, and tech trends. To help you start 2025 off on the right foot, articles like this one—delivering the latest news and insights—are completely free through January 31, 2025. If you want to learn how to get insights like these delivered to your inbox every day, and get access to our data-driven forecasts, reports, and industry benchmarks, schedule a demo with our sales team.