Health Care

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

Even the Labor Unions Are Souring on Obamacare

President Obama’s health reform law may have claimed a new victim — organized labor. Thanks to Obamacare, labor unions are facing higher health insurance costs — as well as steeper out-of-pocket bills and wage cuts. Consequently, these erstwhile allies of the president appear to be signing on with the majority ...
Health Care

Why Pharmaceutical Prices Drop Once Drugs Are Off-Patent

Today PRI released the new report “The Economics of Pharmaceutical Pricing” by PRI senior fellow Wayne Winegarden, Ph.D. The study examines the market forces influencing the often dramatic price differences in pharmaceutical drugs before and after their patents expire. “Some critics erroneously see the sharp declines in the prices of ...
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

Obamacare rate shocks are coming

Next year has already arrived for health insurers. The Obama administration has asked that insurers submit their proposed premiums for 2015 within the next month – even as they attempt to collect payment from about 1 million of the 8 million people who signed up for coverage in the exchanges ...
Commentary

Obamacare Increases Large Employers’ Health Costs

Employer-provided health insurance may not be long for this world. According to a new report from S&P Capital IQ, 90 percent of American workers who receive health insurance from large companies will instead get coverage through Obamacare’s exchanges by 2020. For that, patients — many of whom no doubt like ...
Commentary

Health Costs Resume Their Rise

America’s health cost crisis is no longer in remission. Last week, the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) announced that healthcare spending had risen 9.9 percent in the first quarter of 2014 — the largest quarterly increase in more than 30 years. The BEA’s estimate comes on the ...
Commentary

ObamaCare Inflates Enrollment — And Premiums

HealthCare.gov has officially closed and, despite months of technical hiccups, enrollment appears to have finished strong. The Obama administration estimates that 8 million people have signed up for coverage through the marketplaces. The president cited the figure as proof that “this law has made our health care system a lot ...
Commentary

Obamacare provides Insurance, Not Care

New ObamaCare enrollees are going to find it difficult to access many prescription drugs, says Sally Pipes, president of the Pacific Research Institute. Those who enrolled in the health care exchanges may be in for a surprise once they start looking at their policies. Placing limits on drug coverage is ...
Commentary

For Eight Million Enrollees, Coverage — But Not Care

Last week, the Obama Administration announced that eight million Americans had signed up for insurance plans through Obamacare’s exchanges. As they look their policies over, enrollees may be surprised to find that they severely restrict access to prescription drugs. Consequently, they may force enrollees to choose whether to sacrifice their ...
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

Even the Labor Unions Are Souring on Obamacare

President Obama’s health reform law may have claimed a new victim — organized labor. Thanks to Obamacare, labor unions are facing higher health insurance costs — as well as steeper out-of-pocket bills and wage cuts. Consequently, these erstwhile allies of the president appear to be signing on with the majority ...
Health Care

Why Pharmaceutical Prices Drop Once Drugs Are Off-Patent

Today PRI released the new report “The Economics of Pharmaceutical Pricing” by PRI senior fellow Wayne Winegarden, Ph.D. The study examines the market forces influencing the often dramatic price differences in pharmaceutical drugs before and after their patents expire. “Some critics erroneously see the sharp declines in the prices of ...
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

Obamacare rate shocks are coming

Next year has already arrived for health insurers. The Obama administration has asked that insurers submit their proposed premiums for 2015 within the next month – even as they attempt to collect payment from about 1 million of the 8 million people who signed up for coverage in the exchanges ...
Commentary

Obamacare Increases Large Employers’ Health Costs

Employer-provided health insurance may not be long for this world. According to a new report from S&P Capital IQ, 90 percent of American workers who receive health insurance from large companies will instead get coverage through Obamacare’s exchanges by 2020. For that, patients — many of whom no doubt like ...
Commentary

Health Costs Resume Their Rise

America’s health cost crisis is no longer in remission. Last week, the U.S. Commerce Department’s Bureau of Economic Analysis (BEA) announced that healthcare spending had risen 9.9 percent in the first quarter of 2014 — the largest quarterly increase in more than 30 years. The BEA’s estimate comes on the ...
Commentary

ObamaCare Inflates Enrollment — And Premiums

HealthCare.gov has officially closed and, despite months of technical hiccups, enrollment appears to have finished strong. The Obama administration estimates that 8 million people have signed up for coverage through the marketplaces. The president cited the figure as proof that “this law has made our health care system a lot ...
Commentary

Obamacare provides Insurance, Not Care

New ObamaCare enrollees are going to find it difficult to access many prescription drugs, says Sally Pipes, president of the Pacific Research Institute. Those who enrolled in the health care exchanges may be in for a surprise once they start looking at their policies. Placing limits on drug coverage is ...
Commentary

For Eight Million Enrollees, Coverage — But Not Care

Last week, the Obama Administration announced that eight million Americans had signed up for insurance plans through Obamacare’s exchanges. As they look their policies over, enrollees may be surprised to find that they severely restrict access to prescription drugs. Consequently, they may force enrollees to choose whether to sacrifice their ...
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