Drug Costs Continue To Soar.
I have often written about the fact that drug prices in the United States are a disgrace. See here and here. We pay more for the same drugs than anyone else in the world. A recent article in the New … Read More
Happy New Year – Big Pharma Is Raising Drug Prices Again And People Are Dying As A Result.
The price of drugs has been going up and up for the last 20 years as the big drug companies have raised prices over and over again for no reason other than a desire for record profits. No one in … Read More
Generic Drug Price Fixing.
“Generic” is the name given to drugs that are not protected by patents. Anyone can make a generic drug. Because they are not protected by patents, it is anticipated that competition will drive down the prices of generic drugs to … Read More
The Problem With Drug Prices.
There was a good story in the Washington Post earlier this week discussing some of the reasons for our high drug prices. So why are prices so high? Why doesn’t our vaunted free market system drive them lower through competition? While … Read More
Hospital Consolidation Is Driving Up Health Care Costs.
Last week I wrote about hospitals not knowing exactly what their costs were for various procedures. Without that information, they cannot make informed decisions about pricing. Without informed decisions about pricing, there can be no price competition. There also can … Read More
Even Hospitals Don’t Know What Surgery Costs.
In August I wrote a post about why our health care costs keep going up and up and up. We don’t dictate pricing to hospitals, we rely on the market to set a fair price using supply and demand. Hospital consolidation, … Read More
Big Pharma and You.
Forgive me for getting on my insulin soapbox again. Because of my young grandson’s Type 1 diabetes, I am very interested in all things Type 1 related. I am especially interested in what it takes to keep him alive. Every … Read More
Why Your Health Care Costs Keep Going Up and Up.
As I have observed before, we in the United States pay the most for health care yet we rank well down the list of developed nations in terms of health care outcomes. Why aren’t we getting value for the money … Read More
Posted in Doctors, drug companies, Fee for Service, health, Health Care Costs, Health Insurers, Hospitals, Malpractice costs, Medical Costs, Medical Malpractice, medical malpractice cases
Pay More, Get Less
The United States spends more per person on health care than any other developed country. At the same time, our life expectancy is less than that in other developed countries. What is going on? Let’s start with the cost of … Read More