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Competition at Work!
ByadminRecently, pharmaceutical companies have been pricing many of their products at astounding values. A couple years ago, in fact, an amazing new hepatitis C drug came to market priced at about $90,000 per patient. But since that time, several other companies have come to market with competing products. That has brought the overall price of…
Obamacare Hasn’t Killed Employer-Sponsored Health Insurance
ByadminSome people worried that the ACA would kill employer-sponsored health insurance, by giving employers an “out” – by letting them shift insurance to the exchanges. The ACA set up financial incentives, to reduce such shifting. And so far, it looks like it’s working: Still quite early, of course. I’ll keep my eyes open for further…
How Doctors Turn Patients into Lobbyists
ByadminI recently spoke with a Washington Post reporter about a troubling practice. Physicians convince their patients to sign letters to influence public policies the patients often don’t understand. Here is the beginning of that piece. Check it out: A proposal to sharply cut a drug discount program that many hospitals rely on drew some 1,400…
The High Price of Free Lunch
ByadminOnce again: correlation does not equal causation. And it is possible that companies give lunches to physicians who are already inclined to prescribe their products, or who are already high prescribers. But why should we leave any of this up to doubt?!? Physicians should not accept gifts from drug companies.
Financial Counseling for Cancer Patients: A Growth Industry?
ByadminA former student of mine who now works at the Advisory Board recently emailed me some figures her company put together, offering a snapshot of how many people are being hired in oncology practices to help patients with their financial concerns: I am very eager to see what these figures look like over the next…
Finally! Starting to Study Food Waste
ByadminIn developed countries, upwards of 65% of food is wasted, meaning that somewhere from farm to table it ends up in the trash. Fortunately, researchers are finally beginning to study the problem: