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'Marketplace' Report: Drug Guarantees

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'Marketplace' Report: Drug Guarantees

Business

'Marketplace' Report: Drug Guarantees

'Marketplace' Report: Drug Guarantees

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  • <iframe src="https://www.npr.org/player/embed/12032060/12032063" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
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What if medicine came with a money-back guarantee? Drug manufacturer Johnson & Johnson has proposed paying back insurers if their cancer drug, Velcade, doesn't shrink a patient's tumor sufficiently. Other drug companies are now considering similar types of drug guarantees.

Steve Tripoli of Marketplace talks with Deborah Amos about this new pay-for-performance drug pricing.