In my previous blog post, I showed that America suffers from “excess spending” in its health care system. Here I will discuss one factor that drives up that spending: indefensibly high administrative costs. To review: “Excess health spending” in this context refers to the difference between what a country spends per person on health care, and what the country’s gross domestic product per person should predict that that country would spend. (The prediction is based on trends in other countries in the Organization for Economic Cooperati ...
Why does health care cost so much? And, why isn't the population any healthier? Learn the biggest U.S. health care cost debates at HowStuffWorks.
5-Minute Listen ; Emily Gebel was trying to figure out why she was having trouble breastfeeding. That's when she felt a lump. ; Gebel, a mother of two children, went to her primary care doctor in Juneau, Alaska, who referred her for testing, she said. ; Her 9-month-old was asleep in her arms when she got the results. ; "I got the call from my primary care nurse telling me it was cancer. And I remember I just sat there for probably at least another half an hour or so and cried," Gebel said.
211: Why Health Care Costs Too Much June 23, 1994 Stan... to health care is somewhat unusual. For example, there does not... excess cost, is due to the current overuse of medical resources...
The Affordable Care Act, aka Obamacare, has roiled America since the day it was signed into law in 2010. From the start, the public was almost evenly divided between those who supported it and those who opposed it. They still are. The November monthly tracking poll from the Kaiser Family Foundation found that 50 percent of those polled had a favorable view of the health law, while 46 percent viewed it unfavorably. Partisan politics drives the split. Eighty percent of Democrats were supportive in November, while 81 percent of Republicans were st ...
Skyrocketing rent and food costs have company: Health care costs also are soaring, and what’s worse, they probably will rise much more and could help keep overall inflation elevated for...
3-Minute Listen ; In the seven years since the Affordable Care Act was passed, CEOs of U.S. health care companies have made a lot of money. Their compensation far outstrips the wage growth of nearly all Americans, according to reporter Bob Herman, who published an analysis this week of "the sky-high pay of health care CEOs" for the online news site, Axios. Based on corporate financial filings with the Securities and Exchange Commission, Herman did research on 113 heads of 70 of the largest U.S. health care companies in the last seven years. Cum ...
is $3 trillion a year, straining the budgets of families, businesses and taxpayers alike. Learn what makes healthcare so expensive, why costs continue to rise and what we can do about it.
F rom 2007 to 2016, Mylan raised the list price of its EpiPen about 500%, from just under $100 to more than $600. From 2002 to 2013, insulin prices more than tripled. From 2012 to 2019, the average price of AbbVie’s rheumatoid-arthritis drug Humira climbed from $19,000 a year to $60,000 a year—and that’s after rebates. These are dramatic examples of a systemwide problem: prices for brand-name drugs are rising at a rate that far outstrips inflation. What’s behind these rapid price hikes? It’s a simple question with a complicated answer ...
Helping children make friends: What parents can do ; Want to stop harmful drinking? AA versus SMART Recovery ; Mpox is back: What to know and do ; How well do you score on brain health?