How Big is the Big Pharma Lobby?
Written: October 12, 2017 Edited: September 30, 2021 At a political rally in Kentucky in 2017, 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 of the year. Eight pharma political action committees made 137 contributions […]
Healthcare Cost
Healthcare cost is extraordinarily high in America. We spend 50-100% more per person than other developed countries. It is not because their care is better, to the contrary. Our cost is high for a number of reasons which I discussed in some detail in Health Attitude: Unraveling and Solving the Complexities of Healthcare. The media and […]
Why the U.S. Pays More Than Other Countries for Drugs
Every single day, 10,000 people turn 65 and sign up for Medicare. The number of Americans covered by Medicare is expected to double to 80 million over the next twenty years. If we continue to spend nearly $10,000 per Medicare enrollee, the bill in twenty years will be $8 trillion. Needless to say, that is unaffordable. […]
