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The High Price of Affordable Medicine
ByadminIn the old days, blockbuster drugs were moderately expensive pills taken by hundreds of thousands of patients. Think blood pressure, cholesterol and diabetes pills. But today, many blockbusters are designed to target much less common diseases, illnesses like multiple sclerosis and rheumatoid arthritis or even specific subcategories of cancer. These medications have become blockbusters not…
Four Steps To Saving Money On Hospital Care
Byadmin2The research team hunted for healthcare prices online at 60 US hospitals. Then they had “secret shoppers” call the hospitals to get prices. Two chances to get information, in other words; two opportunities to find out what things cost. And what did the study show? Read more here
New Yorker Article on Medical Decision-Making
ByadminHere is a link to a New Yorker website article, exploring the challenges of helping patients understand their medical decisions. The author, a physician, makes mention of some of my research. But that’s not the only reason I’m pointing towards the article. 🙂 (Click here to view comments)
Time To Abolish High-Deductible Health Plans
Byadmin2Euphemistically referred to as Consumer-Directed Health Plans, high out-of-pocket insurance is in theory supposed to incentivize people to scrutinize the cost and quality of their medical care, thus bringing pressure on providers to lower the price and/or raise the quality of their services. This theory isn’t borne out in practice. As a matter of practice…
Price Transparency at its WORST
ByadminYou may have heard this week about a new study, led by my friend and colleague Pete Cram, which revealed astonishing variation in prices for hip replacement surgery. Staggering, actually—ranging from a bit over $10,000 to over $125,000. I have blogged a bit about hospital prices, and doctor fees, even a recent post on orthopedic…
Don’t Just Thank Science For Covid Vaccines
Byadmin2It is the season for expressing thanks. With that in mind, I’m here to urge us all to thank more than just science, or scientists, for developing these amazing vaccines.
