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. […]
Mornings With Maria
Maria Bartiromo is very interested in healthcare. I was fortunate to be able to discuss the subject with her and her team at 6:40 AM this morning (November 2, 2015) on Fox Business. It is hard to explain much in five minutes but, hopefully, I was able to add some value to the topic. Maria’s […]
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 […]
Medicare Expanding Access to Hospice Care
Medicare has announced an expansion of a pilot project to allow Medicare beneficiaries to use hospice services while at the same time receiving treatments for a cure. Previously, if you went into hospice care, you had to stop chemotherapy or radiation and other treatments. The theory implicitly was why spend money on a cure if you are expected […]
