The FDA only requires drug companies to provide information about their pricing practices for new drugs and doesn’t approve drugs based on pricing. Still, Congress may give the FDA the authority to decline new drug applications based on set retail prices.
Category Archive: Cost of healthcare in the U.S.
Employer-sponsored health insurance is a significant benefit for many workers. It can provide peace of mind knowing they can access affordable healthcare, even if they get sick or injured. But are people happy with their company-paid insurance?
The United States is the wealthiest nation in the world but is also one of the unhealthiest. Americans have shorter life expectancies and higher rates of chronic diseases than people in other developed countries.
The space between the care that providers want to give and the care that the patient receives is enormous. The area is full of barriers — tasks, paperwork, and bureaucracy. Each is a point where someone can say no. There are endless appointments with different doctors, tests that need to be scheduled, and a wait for treatment that could extend weeks or months.
Medigap insurance is a type of private health insurance that can help pay for some out-of-pocket costs associated with Original Medicare. This includes things like copayments, coinsurance, and deductibles. Medigap insurance can also help cover some services that Original Medicare doesn’t cover, such as foreign travel emergency care.
The English healthcare system, also known as the National Health Service (NHS), faces several challenges that have led to concerns about its sustainability. Many will use their system as an excuse for why we can’t have a national health option, but there are lessons to be learned from their mistakes.
Medicare for All is a single-payer healthcare system that provides government-funded health insurance to all Americans. It is a popular proposal among progressives, but there are several reasons why it is unlikely to work in the United States. Nobody should have to empty their savings to pay for needed medical care. Healthcare is a fundamental human right; everyone should receive quality care regardless of income.