Browsing Tag

Medicare

Government Accountability: The Root of Our Health Crisis

TL/DR - The U.S. compulsory healthcare spending, which includes government and mandated private spending, accounts for a larger share of national income than any other country. Writer Michael Cannon argues that major health care programs such as Medicare, Medicaid, and Obamacare were primarily established to solve problems created by previous…

Surviving US Healthcare: Navigating a Tense, Complex System

TL/DR - Navigating the healthcare system is becoming increasingly complex for patients, particularly those with serious or chronic illnesses, due to an array of challenges such as coordinating doctor appointments, dealing with insurance complications, and keeping up with medication needs. The gaps in patient care are exacerbated by a lack of…

Drug Firms Resist Biden’s Push for Lower Prices

TL/DR - Several corporate giants including Amazon, SpaceX, and Trader Joe’s are challenging the constitutionality of the National Labor Relations Act (NLRA), which has allowed workers to bargain collectively for nearly 90 years. In addition, pharmaceutical companies like Bristol Myers Squibb, Novartis, and Novo Nordisk are opposing the Biden…

Dr. Robinson Reveals 340B Programs’ Effect on Drug Pricing

TL/DR - A study published in The New England Journal of Medicine analyzed how insurer drug expenditures on infused drugs affected price markups in hospitals. The research revealed that the 340B drug pricing program, initially designed to provide medications to low-income patients, has become a significant revenue stream for hospitals. The study…