New Study: Medicare’s Price Controls Are Fueling America’s Growing Doctor Shortage
The Pacific Research Institute’s Center for Medical Economics and Innovation today released a new issue brief warning that continued federal underpayment of doctors is fueling a looming healthcare crisis by accelerating the nation’s physician shortage and undermining access to care. Written by PRI senior fellow in business and economics and CMEI director Dr. Wayne Winegarden, the brief (titled “It’s Time for Medicare to Stop Shortchanging Physicians”) finds that Medicare reimbursement rates are well below market ...
What Canada’s Euthanasia Surge Reveals About Single-Payer Health Care
Medical assistance in dying now accounts for roughly one in 20 deaths in Canada, according to the latest government data. That makes it the country’s fifth-leading cause of death. For patients facing severe illness and suffering, the option is framed as an act of compassion. But its rapid expansion raises uncomfortable questions about how government-run health systems respond to the reality of scarce public resources. Caring for patients with complex, chronic or terminal conditions is ...
The FTC Is Settling for Lower Drug Prices
The FTC alleged that Express Scripts “artificially inflated the list price of insulin drugs by using anticompetitive and unfair rebating practices, and impaired patients’ access to lower list price products, ultimately shifting the cost of high insulin list prices to vulnerable patients.” This is a big win – and not just for patients who use Express Scripts. The agreement helps accelerate the trend towards a more patient-friendly payment system. Three PBMs – Express Scripts, CVS Caremark and ...
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