South-Carolina
What to know about January's annual drug price hikes
Drug companies often increase prices at the start of the new year, and 2024 seems to be no exception.There have been about 600 price hikes so far in January, according to the drug price nonprofit 46Brooklyn Research.
But the increases haven’t been as steep as they were in some previous years. In the 2010s, drug price hikes were typically much bigger — up to 10% on average
“Since 2016, the pedal to the metal has been kind of pulled back a little bit, where we typically see the weighted average impact of a price increase and the median price increase hovering at around 5%,” says 46Brooklyn’s CEO, Anthony Ciaccia.
That’s roughly what he’s seeing this year.
Ciaccia expects another couple hundred more drug price increases before the end of the month — and that will account for most brand name price hikes this year.
Net prices are different
Even if a drug’s sticker price is going up, that doesn’t mean the drugmaker is taking all that money home. That’s because there’s another kind of price to think about called a net price. That’s what the drugmaker takes home after rebates it has to pay back to third parties and other discounts.
And on the whole, those rebates have been going up, so the net prices have been going down for about six years now.
Richard Evans, a pharmaceutical industry veteran who runs SSR Health, a drug pricing data and analytics firm, says net prices went down a little faster in 2023 than in previous years.
“As of September 30 last year, the average discount in the marketplace was about 52%,” he said. That means drugmakers take home a lot less than list price. “Some manufacturers are getting about $0.48 on the dollar.”
Record decreases driven by penalties
For the first time, there were also huge list price decreases this January, according to 46Brooklyn. These were for insulins and inhalers, and they were 70% or 80% reductions.
Drugmaker GSK says it plans to cut Advair’s list price by up to 70%, for example. Advair is an inhaler for asthma and asthma and chronic obstructive pulmonary disease.
The cuts are so significant that when you look at the prices of drugs overall, they actually cancel out the increases. That’s if you’re doing weighted averages of price changes based on how much a drug is used, Ciaccia of 46Brooklyn says.
The big factor is legislation passed in 2021 under President Biden called the American Rescue Plan Act. It was mostly a COVID-era stimulus bill, but it also included a part that affects Medicaid.
Prior to that law, drugmakers had to pay penalties for increasing prices faster than inflation, but there was a cap on those penalties.The American Rescue Plan lifted the cap in 2024. Now, drugmakers would have to pay such huge penalties for raising prices faster than inflation that they’d owe the government more than the value of the drugs.
Put another way, they would make negative money for selling their products!
“The end result is drug manufacturers crushing the prices of many of these old products or pulling those products from the marketplace altogether to avoid having to pay the steep penalties to Medicaid programs,” Ciaccia says.
What it means for consumers
Usually what someone pays at the pharmacy counter is related to the list price– the ones the drug companies set rather than the net prices they ultimately take home.
That means that if a list price goes up, the copay will probably be more.
But a price cut doesn’t necessarily mean savings at the pharmacy counter. The copay could wind up being more because it causes the drug to move to a different tier of your insurer’s drug formulary — that’s the menu of drugs your insurance provides. This has a lot to do with the behind-the-scenes payments that happen between the drugmaker and your insurance’s middleman called a pharmacy benefit manager.
Copay changes will vary depending on the drug and your insurance plan.
Copyright 2024 NPR. To see more, visit https://www.npr.org.
Powerball, Mega Millions jackpots: What to know in case you win
Here’s what to know in case you win the Powerball or Mega Millions jackpot.
Just the FAQs, USA TODAY
The South Carolina Education Lottery offers several draw games for those aiming to win big.
Here’s a look at May 10, 2026, results for each game:
Winning Pick 3 Plus FIREBALL numbers from May 10 drawing
Evening: 0-4-0, FB: 1
Check Pick 3 Plus FIREBALL payouts and previous drawings here.
Winning Pick 4 Plus FIREBALL numbers from May 10 drawing
Evening: 3-6-6-7, FB: 1
Check Pick 4 Plus FIREBALL payouts and previous drawings here.
Winning Cash Pop numbers from May 10 drawing
Evening: 04
Check Cash Pop payouts and previous drawings here.
Winning Palmetto Cash 5 numbers from May 10 drawing
15-17-24-32-42
Check Palmetto Cash 5 payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your lottery prize
The South Carolina Education Lottery provides multiple ways to claim prizes, depending on the amount won:
For prizes up to $500, you can redeem your winnings directly at any authorized South Carolina Education Lottery retailer. Simply present your signed winning ticket at the retailer for an immediate payout.
Winnings $501 to $100,000, may be redeemed by mailing your signed winning ticket along with a completed claim form and a copy of a government-issued photo ID to the South Carolina Education Lottery Claims Center. For security, keep copies of your documents and use registered mail to ensure the safe arrival of your ticket.
SC Education Lottery
P.O. Box 11039
Columbia, SC 29211-1039
For large winnings above $100,000, claims must be made in person at the South Carolina Education Lottery Headquarters in Columbia. To claim, bring your signed winning ticket, a completed claim form, a government-issued photo ID, and your Social Security card for identity verification. Winners of large prizes may also set up an Electronic Funds Transfer (EFT) for convenient direct deposit of winnings.
Columbia Claims Center
1303 Assembly Street
Columbia, SC 29201
Claim Deadline: All prizes must be claimed within 180 days of the draw date for draw games.
For more details and to access the claim form, visit the South Carolina Lottery claim page.
When are the South Carolina Lottery drawings held?
- Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
- Mega Millions: 11 p.m. ET on Tuesday and Friday.
- Pick 3: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Pick 4: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Cash Pop: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Palmetto Cash 5: 6:59 p.m. ET daily.
This results page was generated automatically using information from TinBu and a template written and reviewed by a South Carolina editor. You can send feedback using this form.
South-Carolina
Clyburn says record speaks for itself, warns GOP to ‘be very careful what you pray for’
CHARLESTON, S.C. (WCIV) — Rep. Jim Clyburn appeared on CNN’s State of the Union Sunday morning and said he remains confident he could win another term in a redistricted South Carolina.
Host Jake Tapper asked Rep. Clyburn what it would mean for South Carolina voters if his seat, which represents the state’s sixth congressional district, was eliminated. The congressman said voters will have the last word and he will run irrespective of the new makeup of his district.
“I don’t know why people think I could not get re-elected if they redistrict South Carolina,” he said before pointing out his district as currently drawn contains about 45% Black voters. “I have no idea what the demo will be after the legislature finishes [redistricting], but whatever that number is I will be running on a record and a promise – my record, and America’s promise.”
Clyburn, as one of the more prominent Democratic voices in American politics in the South over the past several decades, said his pitch to voters won’t change even if his new district is drawn to house more Republicans.
“I think that it is very clear to most people in America that voters, most voters, believe in fundamental fairness, most voters believe in competence, and most voters can tell the difference between a true public servant and someone who may be in it for the next social hit,” he said.
READ MORE | “Opponents raise racial, representation concerns as redistricting debate continues at State House”
The 17-term representative also said he believes Republicans’ redistricting plan could backfire.
“Be very careful what you pray for, because what I do believe is that when they finish with the redistricting, there will be the possibilities of at least three Democrats getting elected here in South Carolina to the United States Congress,” he said.
If re-elected, Clyburn would begin his 18th term in Congress in 2027. He has served as South Carolina’s representative for its Sixth Congressional District, which through multiple gerrymanders spanning decades has comprised of different parts of the Pee Dee, Midlands, and Lowcountry in some capacity, since 1993.
State lawmakers have pushed the redistricting issue legislatively in the last week in the wake of the US Supreme Court’s decision in Louisiana v. Callais. A special session on redistricting passed on Thursday in the State House, and more House legislation to push back congressional primaries to August advanced to the House Judiciary Committee Friday. The issue is expected to be taken back up in Columbia this week.
READ MORE | “SC House panel approves 2-month delay in congressional primary amid redistricting push”
Powerball, Mega Millions jackpots: What to know in case you win
Here’s what to know in case you win the Powerball or Mega Millions jackpot.
Just the FAQs, USA TODAY
The South Carolina Education Lottery offers several draw games for those aiming to win big.
Here’s a look at May 9, 2026, results for each game:
Winning Powerball numbers from May 9 drawing
15-41-46-47-56, Powerball: 22, Power Play: 2
Check Powerball payouts and previous drawings here.
Winning Pick 3 Plus FIREBALL numbers from May 9 drawing
Midday: 8-3-8, FB: 7
Evening: 8-3-6, FB: 4
Check Pick 3 Plus FIREBALL payouts and previous drawings here.
Winning Pick 4 Plus FIREBALL numbers from May 9 drawing
Midday: 2-0-5-8, FB: 7
Evening: 3-2-2-1, FB: 4
Check Pick 4 Plus FIREBALL payouts and previous drawings here.
Winning Cash Pop numbers from May 9 drawing
Midday: 08
Evening: 06
Check Cash Pop payouts and previous drawings here.
Winning Palmetto Cash 5 numbers from May 9 drawing
07-09-30-33-39
Check Palmetto Cash 5 payouts and previous drawings here.
Winning Powerball Double Play numbers from May 9 drawing
06-27-58-61-65, Powerball: 14
Check Powerball Double Play payouts and previous drawings here.
Feeling lucky? Explore the latest lottery news & results
Are you a winner? Here’s how to claim your lottery prize
The South Carolina Education Lottery provides multiple ways to claim prizes, depending on the amount won:
For prizes up to $500, you can redeem your winnings directly at any authorized South Carolina Education Lottery retailer. Simply present your signed winning ticket at the retailer for an immediate payout.
Winnings $501 to $100,000, may be redeemed by mailing your signed winning ticket along with a completed claim form and a copy of a government-issued photo ID to the South Carolina Education Lottery Claims Center. For security, keep copies of your documents and use registered mail to ensure the safe arrival of your ticket.
SC Education Lottery
P.O. Box 11039
Columbia, SC 29211-1039
For large winnings above $100,000, claims must be made in person at the South Carolina Education Lottery Headquarters in Columbia. To claim, bring your signed winning ticket, a completed claim form, a government-issued photo ID, and your Social Security card for identity verification. Winners of large prizes may also set up an Electronic Funds Transfer (EFT) for convenient direct deposit of winnings.
Columbia Claims Center
1303 Assembly Street
Columbia, SC 29201
Claim Deadline: All prizes must be claimed within 180 days of the draw date for draw games.
For more details and to access the claim form, visit the South Carolina Lottery claim page.
When are the South Carolina Lottery drawings held?
- Powerball: 10:59 p.m. ET on Monday, Wednesday, and Saturday.
- Mega Millions: 11 p.m. ET on Tuesday and Friday.
- Pick 3: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Pick 4: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Cash Pop: Daily at 12:59 p.m. (Midday) and 6:59 p.m. (Evening).
- Palmetto Cash 5: 6:59 p.m. ET daily.
This results page was generated automatically using information from TinBu and a template written and reviewed by a South Carolina editor. You can send feedback using this form.
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