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Doctors with Strong Financial Ties to Pharma Are Found More Likely to Prescribe Brand-Name Drugs
Shutterstock Generic cholesterol pills are probably better for most patients than brand-name medications because the lower cost of generics increases the chance the patients will take the pills every day. Yet some physicians primarily prescribe expensive brand-name drugs like Lipitor and Crestor. According to a recent study of physicians in Massachusetts, about a quarter of…
A Prick a Day Won't Keep Your Blood Sugar Away
Shutterstock When it comes to wreaking havoc on people’s bodies, diabetes isn’t picky, wreaking havoc upon people’s hearts, brains, eyes, kidneys, and peripheral nerves. To forestall such damage, many people with diabetes withstand another kind of bodily harm—they prick blood from their fingers each day to test their blood sugar. For many people with Type…
How Hospitals Turn Charity Care Into Profits — At Taxpayers' Expense
Sometimes it is hard for hospitals to provide expensive care to poor patients. When a low-income patient needs $20,000 of chemotherapy, a hospital loses money if that patient cannot pay for the medicine, or pays through Medicaid, with its relatively stingy reimbursement. Fortunately, the federal government created a program for hospitals that care for a…
In Countries That Invest In Long Term Care, People Are Less Likely To Die In The Hospital
In the U.S., we do a lousy job of paying for long-term care. We don’t help people cover the costs of nursing homes or home-health aids when they have chronic, life-threatening illnesses. As a result, more Americans die in the hospital than they would if we covered long-term care more generously. At least that’s the…
Want to Pay Higher Prices? Try a For-Profit Hospital!
If she had been eligible for Medicare, the hospital would have charged the government $10,000 for the services it provided to her, with Medicare picking up most of the tab. But lacking insurance, she was billed directly from the hospital, and not for a mere $10,000. The total charge: $120,000! That 1200% markup is extreme….
Where You Live in America Determines When You Die
Shutterstock Debates over income inequality divide liberals and conservatives. In the last few decades, income inequality has soared in the U.S. In the 1950s, the top 1% of Americans brought home about a tenth of the country’s income. By 2012, those 1%’ers accounted for almost a quarter. Only a minority of Republicans are troubled by…