What’s important to pharma CEOs?

KEY THOUGHT: According to the Times “We’re in a world where we need leaders to improve the state of the world, not just the state of the bottom line,” Marc Benioff, the co-chief executive of Salesforce, said in an interview. “Every C.E.O. has this on their mind right now.” Does this apply to pharma CEOs?

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The American healthcare system is unsustainable

PONTIFICATION: The headline read “Health Care Costs Are Eating Us Alive, A New Survey Shows”. In the past 10 years, the average premium for job-based health insurance that covers a family has risen 54%, to $20,756. Moreover, the amount of that premium workers pays for family coverage has increased 71%, to $6,015. Simply put: this is unsustainable.

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Even if ALL prescription drugs were free we’re still in trouble

KEY IDEA: America’s expanding waistlines are causing health spending to spiral out of control. Obesity-related illnesses consume nearly a third of the nation’s health-care dollars An obese adult uses 42 percent more health care than a healthy-weight adult, and a morbidly obese adult uses a staggering 81 percent more, according to the Robert Wood Johnson Foundation. Until we start fighting this epidemic, the nations’ healthcare costs are going to continue to climb.

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Pharma, alone, is not to blame for our sad state of healthcare

WHAT I”M THINKING: Are there things wrong with the pharma industry? Yes, but because of the pharma industry people are living longer lives with a better quality of life. Our whole healthcare system is dysfunctional and in order to bring about change every patient touchpoint needs to examined as well as pointing out that people are not exactly taking care of themselves.

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Employers are sharing more of their healthcare costs with their workers

SUMMARY: Faced with rising premiums, U.S. employers are sharing more of their costs with their workers, particularly through higher deductibles, copayments, and coinsurance. Recent research indicates that employer plan premium contributions and out-of-pocket costs, like those for prescription drugs, are eating up an increasing portion of household budgets

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