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Nine to twelve years. That’s about how long most drug companies have to make serious money on new products before their patent protection ends. Then, generic companies enter the fray and prices, typically, plummet. Yet, two decades after coming to market, Herceptin (a drug used to treat breast and stomach cancer) was still priced at…
Talking Money With Your Doctor
In a recent post, I asked whether you think doctors should routinely discuss the costs of medical interventions with their patients before exposing these patients to large out-of-pocket expenses. According to the responses I have gotten on websites and by email, most of you think the answer is “yes.”
read moreBuying Junk Food With Taxpayer Dollars: Whether Interventions to Encourage Healthy Purchasing Work
One of my elderly relatives was in line at the grocery store one day and saw the person ahead of him charging what looked like a cart full of junk food to her food assistance card. My relative was incensed: Why, should his hard earned tax dollars be used to pay for someone’s Cheetos? Currently,…
