Drug Pricing

Commentary

Hospitals Manipulate Drug Program for Poor

Health insurance costs are set to jump dramatically. A new report from the Centers for Medicare and Medicaid Services found that average premiums will rise nearly 7% in 2014 ?? and then continue to increase by at least 5% annually over the next decade. The rising cost of insurance is ...
Commentary

Healthcare’s Problem Is Not High Drug Prices

Is $84,000 too much to pay to save a life? That’s a question worth asking now that the insurance industry has declared war on what it has deemed outrageous prices for new specialty drugs. In this case, the complaints focus on Sovaldi, a breakthrough treatment that gives three million people ...
Drug Pricing

Hospitals Making Hundreds of Millions Off Program for Poor

Affluent hospitals are ginning up hundreds of millions of dollars in ill-gotten gains every year by exploiting a federal health care program intended to help poor and vulnerable Americans. That’s the conclusion of a report from the inspector general at the federal Department of Health and Human Services. The hospitals ...
Commentary

Drug Discount Program Drives up Costs, Discounts the Poor

American cancer patients have never had a better chance of beating the disease than they do today. In the last quarter-century, cancer death rates have declined by more than one-fifth. But these gains in the fight against cancer haven’t come cheaply. Cancer drug prices have doubled in the past decade. ...
Commentary

Big Pharma Accomplishes Big Things, Yet Obama Is Suffocating The Industry

What’s the most research-intensive industry in America? If you guessed Silicon Valley or the energy sector, guess again. In fact, it’s the drug industry. The 31 pharmaceutical companies comprising its main trade group spent $48.5 billion on research and development last year. All told, the pharmaceutical sector has spent $550 ...
Commentary

Why Are The Democrats Attacking The Only Successful Part Of Medicare

The much-discussed sequester has taken effect. But federal lawmakers are still trying to find ways to undo the $85 billion in spending cuts it has put in motion. In his state -of-the-union address, President Obama trained his eyes on one of his favorite bogeymen — the pharmaceutical industry. The president ...
Commentary

Senior Citizens Will Pay Dearly For Health Care Price Controls

Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
Commentary

A Plan That Leads Health Care To Nowhere

President Obama recently offered up his plan for cutting the federal budget deficit by $4 trillion over 12 years. A big chunk of those proposed savings–$480 billion, or more than 10%–is supposed to come from federal health care programs. Unfortunately, the president plans to achieve those savings through heavy-handed rationing. ...
Commentary

Obamacare Unintended Consequence of the Day: Higher Drug Prices for Kids’ Hospitals

One anonymous politician who voted to impose Obamacare on the nation told the reporter that this results from “an honest mistake in drafting.” Sick kids will lose access to medicines because of politicians’ incompetence, but they don’t even bother to defend their not reading or understanding the legislation anymore. Indeed, ...
Commentary

Health reform plans represent financial malpractice

Detroit News, February 27, 2010 President Barack Obama has made it clear that reducing the cost of care is one of the primary goals of his reform effort, a point he emphasized at Thursday’s health care summit. And yet, according to a recent report from the Department of Health and ...
Commentary

Hospitals Manipulate Drug Program for Poor

Health insurance costs are set to jump dramatically. A new report from the Centers for Medicare and Medicaid Services found that average premiums will rise nearly 7% in 2014 ?? and then continue to increase by at least 5% annually over the next decade. The rising cost of insurance is ...
Commentary

Healthcare’s Problem Is Not High Drug Prices

Is $84,000 too much to pay to save a life? That’s a question worth asking now that the insurance industry has declared war on what it has deemed outrageous prices for new specialty drugs. In this case, the complaints focus on Sovaldi, a breakthrough treatment that gives three million people ...
Drug Pricing

Hospitals Making Hundreds of Millions Off Program for Poor

Affluent hospitals are ginning up hundreds of millions of dollars in ill-gotten gains every year by exploiting a federal health care program intended to help poor and vulnerable Americans. That’s the conclusion of a report from the inspector general at the federal Department of Health and Human Services. The hospitals ...
Commentary

Drug Discount Program Drives up Costs, Discounts the Poor

American cancer patients have never had a better chance of beating the disease than they do today. In the last quarter-century, cancer death rates have declined by more than one-fifth. But these gains in the fight against cancer haven’t come cheaply. Cancer drug prices have doubled in the past decade. ...
Commentary

Big Pharma Accomplishes Big Things, Yet Obama Is Suffocating The Industry

What’s the most research-intensive industry in America? If you guessed Silicon Valley or the energy sector, guess again. In fact, it’s the drug industry. The 31 pharmaceutical companies comprising its main trade group spent $48.5 billion on research and development last year. All told, the pharmaceutical sector has spent $550 ...
Commentary

Why Are The Democrats Attacking The Only Successful Part Of Medicare

The much-discussed sequester has taken effect. But federal lawmakers are still trying to find ways to undo the $85 billion in spending cuts it has put in motion. In his state -of-the-union address, President Obama trained his eyes on one of his favorite bogeymen — the pharmaceutical industry. The president ...
Commentary

Senior Citizens Will Pay Dearly For Health Care Price Controls

Squabbles over spending cuts have ruled the negotiations over increasing the debt ceiling. But even after the ink is dry on the budget deal just passed, lawmakers will still be charged with reducing federal spending further. One proposal that refuses to die would impose price controls on prescription drugs in ...
Commentary

A Plan That Leads Health Care To Nowhere

President Obama recently offered up his plan for cutting the federal budget deficit by $4 trillion over 12 years. A big chunk of those proposed savings–$480 billion, or more than 10%–is supposed to come from federal health care programs. Unfortunately, the president plans to achieve those savings through heavy-handed rationing. ...
Commentary

Obamacare Unintended Consequence of the Day: Higher Drug Prices for Kids’ Hospitals

One anonymous politician who voted to impose Obamacare on the nation told the reporter that this results from “an honest mistake in drafting.” Sick kids will lose access to medicines because of politicians’ incompetence, but they don’t even bother to defend their not reading or understanding the legislation anymore. Indeed, ...
Commentary

Health reform plans represent financial malpractice

Detroit News, February 27, 2010 President Barack Obama has made it clear that reducing the cost of care is one of the primary goals of his reform effort, a point he emphasized at Thursday’s health care summit. And yet, according to a recent report from the Department of Health and ...
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