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What's a Fair Price for a Medication?
Greedy pharma execs have been in the news of late. Here is a story on the topic, from Wired. The reporter misquotes me. I never said Apple could make profits selling iPhones for $10. I said that even if they could profit at that price, they’d be crazy to do so if people would…
Animal Madness
“Animal Madness” – Worth
Is Peer Pressure to Increase Physician Performance Overrated?
Shutterstock It has become trendy in health policy circles to believe that behavioral economic interventions are the key to health system improvement. After all, traditional economic interventions like pay per performance have generated underwhelming results, with little or no change in physician behavior. Why not try a non-financial, psychological intervention—like performance feedback! Well, a study…
When It Comes to Healthcare, Republicans Have a Trust Problem
Here is some polling data, on a wide range of health and healthcare issues. It shows pretty consistently that Americans trust Democrats more than Republicans on these issues: I think it’s time for Republicans to move beyond “repeal and replace” and start showing the American people that they have productive ideas about how to improve…
The United States of Short Hospital Stays
We spend more for medical care in the United States than just about anywhere in the world, but it’s not because people in this country get admitted to the hospital and stay for long periods of time. Instead, we have shorter length of stays in American hospitals than in the vast majority of developed countries…
Generic Doesn‘t Mean Affordable
Generic meds are supposed to be relatively cheap; multiple companies can make the same molecule, leading to price-lowering competition. But that’s not always what happens in the US market. Look at the prices of these generics, in the US vs Canada: We need to take regulatory or legislative steps to reduce the price of generic…