18.2% of those 50-64 Avoid Medical Care or Filling Prescriptions Due to Cost “…Avoidance of Medical Care and Association With Health Insurance Affordability Concerns Approximately 13.2% (95% CI, 11.2%-15.5%) of respondents said that they did not get medical care in the past year because of cost (Table 2). In addition, 11.9% (95% CI, 9.9%-14.1%) reported […]
Continue readingPharmaceutical Spending in U.S. Highest of OECD Countries Despite U.S.’ Much Greater Use of Generics
Pharmaceutical Spending in U.S. Highest of OECD Countries Despite U.S.’ Much Greater Use of GenericsP “Compared with peer countries, the United States spends about 200% more per capita on prescription drugs. In 2016, the United States spent approximately $329 billion on prescription drugs, a number likely to grow. Recent OECD data show that Americans spend […]
Continue readingHealthcare CEOs Have Highest Median Incomes at $14.9 million
Healthcare CEOs Have Highest Median Incomes at $14.9 million “Industry Comparison The healthcare sector, which includes traditional healthcare, insurance as well as biopharma companies, had the highest median CEO pay package among S&P 500 companies at $14.9 million, followed by industrial goods at $13.9 million. Utilities CEOs were awarded a median $9.3 million, the lowest […]
Continue readingHealthcare CEOs Are Highest Paid of All S&P 500 Industries
Healthcare CEOs Are Highest Paid of All S&P Industries “Healthcare CEOs again lead the way in pay Associated Press The highest pay packages go to CEOs at healthcare companies. For the third time in four years, chief executives in the healthcare field led the S&P 500 in terms of total compensation. The typical CEO in […]
Continue readingTreatment Adherence Improves when Prescription Medications are Free
Treatment Adherence Improves when Prescription Medications are Free Importance Nonadherence to treatment with medicines is common globally, even for life-saving treatments. Cost is one important barrier to access, and only some jurisdictions provide medicines at no charge to patients. Objective To determine whether providing essential medicines at no charge to outpatients who reported not being […]
Continue readingU.S. Pays More for Drugs than Other Nations, would Negotiate Down with Medicare for All
U.S. Pays More for Drugs than Other Nations, would Negotiate Down with Medicare for All “U.S. payers are currently charged substantially more for drugs than payers in other countries (Danzon and Furukawa, 2008), which may be partially attributable to the fact that Medicare is currently barred from negotiating drug prices on behalf of enrollees. Within […]
Continue reading