Health Care Innovation
Commentary
Hillary’s Price Controls Would Kill New Drug Innovation
Like your iPhone? Federal officials designed it. Couldn’t live without the Internet? Thank Uncle Sam — he invented it. Sick and need new medicine? Don’t worry — the government is here to help. This fantastical line of thinking — that because the government funded basic, early-stage research, it can claim ...
Commentary
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
Commentary
The Senate should reject foreign drug importation
Congress must send a budget to President Obama by next Friday. Senate lawmakers, hoping to avoid a government shutdown, have just started sparring over the details of their reconciliation measure. Sen. John McCain (R-Ariz.) has introduced an amendment to legalize the importation of certain prescription drugs from abroad. On the ...
Commentary
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
Commentary
Uncle Sam Can’t haggle better than private insurers
The White House is declaring war on prescription drug prices. “The administration is deeply concerned with the rapidly growing prices of specialty and brand name drugs,” notes President Obama’s 2016 budget proposal. To keep prices down, the president wants the government to negotiate prices for drugs dispensed through Medicare. But ...
Commentary
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Commentary
Bernie Sanders’ ‘Medicare For All’ Would Be A Disaster For All
This month, Bernie Sanders took his vision for the future of American health care to a national television audience in the first Democratic presidential debate. “We should look to countries like Denmark, like Sweden and Norway and learn from what they have accomplished,” Sanders said. He wants the United States ...
Commentary
Mega-Merger Madness
The health insurance industry is undergoing breathtaking consolidation. Industry giant Anthem recently struck a $54 billion deal to buy rival Cigna. If approved, the merger would create the largest insurance company in the United States, serving more than 53 million Americans. The deal comes after Aetna announced it would buy ...
Commentary
Bungled bundling of hospital payments for joint replacements
Federal officials are about to make orthopedic surgery a lot more painful. The Centers for Medicare and Medicaid Services soon may order hospitals in 75 metropolitan regions to change the way they pay health care providers for knee and hip replacements for seniors on Medicare. Instead of paying for each ...
Commentary
Obamacare’s latest trend: sticker shock
Americans rank health costs as their top financial concern, according to Gallup. That’s not likely to change anytime soon. Health insurers are requesting massive premium hikes for next year — some in excess of 50 percent. This shouldn’t come as a surprise. The Affordable Care Act has been driving up ...
Hillary’s Price Controls Would Kill New Drug Innovation
Like your iPhone? Federal officials designed it. Couldn’t live without the Internet? Thank Uncle Sam — he invented it. Sick and need new medicine? Don’t worry — the government is here to help. This fantastical line of thinking — that because the government funded basic, early-stage research, it can claim ...
The Health Care Sector Needs Innovation, Not Regulation
While problems with the U.S. health care system persist, the recent failures of the Affordable Care Act (ACA) illustrate that greater government regulation cannot cure what ails the U.S. health care industry. Deregulation that empowers private sector health care innovation can. In fact, private sector innovations, such as Dental Service ...
The Senate should reject foreign drug importation
Congress must send a budget to President Obama by next Friday. Senate lawmakers, hoping to avoid a government shutdown, have just started sparring over the details of their reconciliation measure. Sen. John McCain (R-Ariz.) has introduced an amendment to legalize the importation of certain prescription drugs from abroad. On the ...
Pharmaceutical Price Controls Risk Future Cures
Recent reports of significant price increases for certain medications have ignited, yet again, calls for pharmaceutical price controls. If implemented, price controls will reduce medical discovery and diminish patients’ access to life saving medicines. Pharmaceutical innovations help patients and strengthen the U.S. economy Pharmaceutical innovations are improving the quality of ...
Uncle Sam Can’t haggle better than private insurers
The White House is declaring war on prescription drug prices. “The administration is deeply concerned with the rapidly growing prices of specialty and brand name drugs,” notes President Obama’s 2016 budget proposal. To keep prices down, the president wants the government to negotiate prices for drugs dispensed through Medicare. But ...
Don’t let artificial caps stifle drug production
This is shaping up to be another banner year for medical progress. Regulators have already approved 28 new medicines, roughly on last year’s pace of 41 new drug approvals – the most since the Clinton administration. But in future years, the list of medical breakthroughs could prove much shorter. In ...
Bernie Sanders’ ‘Medicare For All’ Would Be A Disaster For All
This month, Bernie Sanders took his vision for the future of American health care to a national television audience in the first Democratic presidential debate. “We should look to countries like Denmark, like Sweden and Norway and learn from what they have accomplished,” Sanders said. He wants the United States ...
Mega-Merger Madness
The health insurance industry is undergoing breathtaking consolidation. Industry giant Anthem recently struck a $54 billion deal to buy rival Cigna. If approved, the merger would create the largest insurance company in the United States, serving more than 53 million Americans. The deal comes after Aetna announced it would buy ...
Bungled bundling of hospital payments for joint replacements
Federal officials are about to make orthopedic surgery a lot more painful. The Centers for Medicare and Medicaid Services soon may order hospitals in 75 metropolitan regions to change the way they pay health care providers for knee and hip replacements for seniors on Medicare. Instead of paying for each ...
Obamacare’s latest trend: sticker shock
Americans rank health costs as their top financial concern, according to Gallup. That’s not likely to change anytime soon. Health insurers are requesting massive premium hikes for next year — some in excess of 50 percent. This shouldn’t come as a surprise. The Affordable Care Act has been driving up ...
