Articles related to All Specialties

Some positive news. The 2022 contribution limits for health savings accounts (HSAs) have been increased. This year, the maximum HSA contribution limits have been set at $3,650 for an individual and $7,300 for family coverage. People who qualify to make HSA contributions can lower their current-year tax bill. The more money you contribute to an HSA, the bigger your tax break. But not everyone qualifies to contribute. Check out the latest rules and qualifiers.

Prescription drug prices rise each year in January and July. As we start off the new year, GoodRx Health is reporting that a total of 658 branded drugs have just had their prices increased an average of 4.9%, while 11 generic medications have seen their prices rise an average of 10.3%. That’s less than the 832 drugs that saw their price increase in January 2021. Among the biggest movers are Nucynta, paclitaxel, and Prilosec.

CheckRare provides a list of the orphaned drugs that dominate the US pharmaceutical industry to start 2022. Orphan drugs are defined as those medications that remain commercially undeveloped because they’ve been deemed to have limited potential for profitability. However, nearly half of all novel medications approved by the FDA are orphan drugs.