Category Archives: Cost of healthcare in the U.S.

Drug prices out of control?

KEY TAKEAWAY:  A new survey from Consumer Reports Best Buy Drugs shows that twenty-five percent of Americans who regularly take a prescription drug say they now pay more out of pocket than they did 12 months ago for at least one of those medications.  It’s just a matter of time before Congress takes action, but is the drug industry ready? Continue reading

Don’t read too much into the pharma reputation study

KEY TAKEAWAY: Surpising, was how STST news referred to the pharma reputation study that seemed to indicate that pharma’s reputation is intact.  Those patients, and caregivers, who experience the damage of high drug prices know first hand how the costs of certain drugs can drive them into bankruptcy. Continue reading

Pharma remains silent while healthcare is assaulted

KEY TAKEAWAY:According to Megan at STAT news “President Trump’s full budget proposal comes with massive cuts to Medicaid and the agencies and programs that run the nation’s public health and biomedical research efforts”.  And where are the pharma leaders?  Silent as every other major medical organization opposes new changes that could hurt 20 million patients. Continue reading

How important is healthcare to employees?

KEY TAKEAWAY: As part of a study, they gave 2,000 U.S. workers, ranging in age from 18 to 81, a list of 17 benefits and asked them how heavily they would weigh the options when deciding between a high-paying job and a lower-paying job with more perks.  Better health, dental, and vision insurance topped the list, with 88% of respondents saying that they would give this benefit “some consideration” (34%) or “heavy consideration” (54%) when choosing a job. Health insurance is the most expensive benefit to provide, with an average cost of $6,435 per employee for individual coverage, or $18,142 for family coverage. Continue reading

As Trump threatens healthcare more silence from pharma

KEY TAKEAWAY: President Donald Trump is contemplating a new strategy to get repeal of the Affordable Care Act through Congress: threatening to torpedo insurance for millions of Americans unless Democrats agree to negotiate with him. And the silence from pharma executives is once again deafening.   Continue reading