Hospitals Attack High Drug Prices
Intermountain Healthcare is a Utah-based, not-for-profit system of 22 hospitals, a Medical Group with more than 1,600 physicians and advanced practice clinicians at about 180 clinics. Generic drugs account for 85% of the drugs Intermountain’s hospitals and clinics administer. The generic drugs account for one-third of Intermountain’s cost. As is the case for all healthcare providers, the […]
Big Pharma and Politics
At a rally in Kentucky, President Donald Trump said drug prices were “outrageous”. The next day, according to Kaiser Health News, the pharmaceutical industry donated more money to political campaigns than any other day this year. On March 21, eight pharma political action committees made 137 contributions to 77 politicians totaling nearly $280,000. Both Republicans and […]
Congress Puts Drug Lobbyists Ahead of Those They are Supposed to Represent
As I have written in Health Attitude: Unraveling and Solving the Complexities of Healthcare, there are many problems with the American healthcare system. The number one problem is the high cost. It is not the cost of the insurance, it is the cost of delivering the healthcare. Billions of dollars are spent on legal fees to […]
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. […]
