High Cost of Drugs – Pills
Last week, I reported the cost of one once of eyedrops I needed would be $1,425. I compared the price to an outstanding cabernet such as Opus One 2012, which costs $289.99. The price comes out to $11.43 per ounce. The eye drops are 125 times more expensive than the $290 bottle of fine wine. […]
High Cost of Drugs – Eye Drops
There are a number of stories here and in Health Attitude about the high cost of drugs. Most stories are about pills, but the problem exists for ear drops, eye drops, injectables, ointments, gels, creams, and other forms. I have cataract surgery coming up and eye drops were prescribed for me. (btw, we all have cataracts. […]
Why Are Drugs So Expensive?
Currently, the fastest growing cost in healthcare is coming from double-digit growth in the cost of drugs. The cost of drugs is a significant burden for millions of Americans. Some believe the root cause is greed, but I believe the root cause comes from Congress. When the Medicare Part D Prescription Drug Plan was passed […]
Accountable Care Saves $400M
Tuesday night I was fortunate to participate in an author event at the Cocoon Coffee House in Hawley, Pennsylvania. Approximately 35 people attended. It was a delightful environment. I gave a 30 minute talk about the American healthcare system; what is wrong with it and how to fix it. The Q&A session could have gone on […]
Will There Be a National Shortage of Physicians?
The prevailing point of view in recent years has been we will face a significant shortage of physicians because of the addition of previously uninsured Americans. In Health Attitude, I wrote there may not be a shortage of physicians, possibly even a surplus. I cited various technological factors, increasing usage of physician extenders, and the use of […]
